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2022
Exports $133MWorld Rnk 25 / 144
Flag Rnk 207 / 1208
2022
Destination $29.4M India
2021 - 2022
FASTEST GROWING MARKET $29.4MIndia
2022
PRODUCT COMPLEXITY IN Silver-0.98Rnk 832 / 1025
2022
Imports $170MWorld Rnk 19 / 182
Flag Rnk 234 / 1213
2022
Origin $97.6M Russia
2021 - 2022
FASTEST GROWING ORIGIN $97.6MRussia
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $133M in Silver, making it the 25th largest exporter of Silver in the world. At the same year, Silver was the 207th most exported product in United Arab Emirates. The main destination of Silver exports from United Arab Emirates are: India ($35M), United Kingdom ($16.7M), Switzerland ($16.5M), United States ($13.8M), and Saudi Arabia ($12.1M).

The fastest growing export markets for Silver of United Arab Emirates between 2021 and 2022 were India ($29.4M), United States ($13.8M), and Switzerland ($6.69M).

Imports In 2022, United Arab Emirates imported $170M in Silver, becoming the 19th largest importer of Silver in the world. At the same year, Silver was the 234th most imported product in United Arab Emirates. United Arab Emirates imports Silver primarily from: Russia ($97.6M), Morocco ($16.5M), Chad ($6.49M), Chinese Taipei ($6.45M), and Switzerland ($6.2M).

The fastest growing import markets in Silver for United Arab Emirates between 2021 and 2022 were Russia ($97.6M), Pakistan ($3.52M), and South Africa ($2.58M).

Latest Trends

Sep 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 Silver. 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)$133M
IMPORTS (2022)$170M
NET TRADE (2022)-$36.9M

In 2022, United Arab Emirates exported $133M in Silver. The main destinations of United Arab Emirates exports on Silver were India ($35M), United Kingdom ($16.7M), Switzerland ($16.5M), United States ($13.8M), and Saudi Arabia ($12.1M).

In 2022, United Arab Emirates imported $170M in Silver, mainly from Russia ($97.6M), Morocco ($16.5M), Chad ($6.49M), Chinese Taipei ($6.45M), and Switzerland ($6.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
India$29.4M (519%)
United States$13.8M (19.1k%)
Switzerland$6.69M (67.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY United Arab Emirates WERE (2021 - 2022):
Nepal-$52.2M (-84.5%)
United Kingdom-$3.54M (-17.5%)
Italy-$3.5M (-91.6%)
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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 Silver were:
China $3.75B
United Kingdom $3.2B
Mexico $2.49B
In 2022, United Arab Emirates's main importing competitors in Silver were:
United States $5.81B
Canada $3.77B
Hong Kong $2.95B

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.72M
TOP IMPORT POTENTIALSwitzerland+ $3.02M

Silver’s highest export potential is United States. With an export gap of $8.72M.   Silver’s highest import potential is Switzerland with an import gap of $3.02M.

See methodology.

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