2022
Exports
$29.6MWorld Rnk 25 / 148
Flag Rnk 456 / 1208
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$44.6MWorld Rnk 22 / 213
Flag Rnk 499 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $29.6M in Other Iron Bars, making it the 25th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 456th most exported product in United Arab Emirates. The main destination of Other Iron Bars exports from United Arab Emirates are: Singapore ($13M), Somalia ($5M), Saudi Arabia ($3.02M), Mauritius ($2.87M), and Oman ($1.78M).

The fastest growing export markets for Other Iron Bars of United Arab Emirates between 2021 and 2022 were Singapore ($7.53M), Somalia ($3.87M), and Saudi Arabia ($2.92M).

Imports In 2022, United Arab Emirates imported $44.6M in Other Iron Bars, becoming the 22nd largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 499th most imported product in United Arab Emirates. United Arab Emirates imports Other Iron Bars primarily from: India ($38.8M), Turkey ($2.65M), Saudi Arabia ($802k), China ($485k), and Romania ($451k).

The fastest growing import markets in Other Iron Bars for United Arab Emirates between 2021 and 2022 were India ($12M), Saudi Arabia ($797k), and Ukraine ($408k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Iron Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.6M
IMPORTS (2022)$44.6M
NET TRADE (2022)-$15M

In 2022, United Arab Emirates exported $29.6M in Other Iron Bars. The main destinations of United Arab Emirates exports on Other Iron Bars were Singapore ($13M), Somalia ($5M), Saudi Arabia ($3.02M), Mauritius ($2.87M), and Oman ($1.78M).

In 2022, United Arab Emirates imported $44.6M in Other Iron Bars, mainly from India ($38.8M), Turkey ($2.65M), Saudi Arabia ($802k), China ($485k), and Romania ($451k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Singapore$7.53M (137%)
Somalia$3.87M (345%)
Saudi Arabia$2.92M (2.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY United Arab Emirates WERE (2021 - 2022):
Canada-$380k (-100%)
Yemen-$151k (-98.9%)
Ghana-$59k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Other Iron Bars were:
In 2022, United Arab Emirates's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $309k
TOP IMPORT POTENTIALChina+ $835k

Other Iron Bars’s highest export potential is India. With an export gap of $309k.   Other Iron Bars’s highest import potential is China with an import gap of $835k.

See methodology.

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