2022
Exports
$13.3MWorld Rnk 20 / 104
Flag Rnk 625 / 1208
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots
1.08Rnk 143 / 1025
2022
Imports
$2.52MWorld Rnk 43 / 180
Flag Rnk 1002 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $13.3M in Stainless Steel Ingots, making it the 20th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 625th most exported product in United Arab Emirates. The main destination of Stainless Steel Ingots exports from United Arab Emirates are: India ($7.41M), Kuwait ($1.62M), Canada ($1.08M), Netherlands ($699k), and Eritrea ($605k).

The fastest growing export markets for Stainless Steel Ingots of United Arab Emirates between 2021 and 2022 were India ($7.21M), Kuwait ($1.59M), and Canada ($1.08M).

Imports In 2022, United Arab Emirates imported $2.52M in Stainless Steel Ingots, becoming the 43rd largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1002nd most imported product in United Arab Emirates. United Arab Emirates imports Stainless Steel Ingots primarily from: United Kingdom ($692k), India ($365k), Austria ($315k), China ($314k), and Zambia ($172k).

The fastest growing import markets in Stainless Steel Ingots for United Arab Emirates between 2021 and 2022 were United Kingdom ($533k), Austria ($315k), and Zambia ($172k).

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 Stainless Steel Ingots. 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)$13.3M
IMPORTS (2022)$2.52M
NET TRADE (2022)$10.8M

In 2022, United Arab Emirates exported $13.3M in Stainless Steel Ingots. The main destinations of United Arab Emirates exports on Stainless Steel Ingots were India ($7.41M), Kuwait ($1.62M), Canada ($1.08M), Netherlands ($699k), and Eritrea ($605k).

In 2022, United Arab Emirates imported $2.52M in Stainless Steel Ingots, mainly from United Kingdom ($692k), India ($365k), Austria ($315k), China ($314k), and Zambia ($172k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
India$7.21M (3.68k%)
Kuwait$1.59M (4.6k%)
Canada$1.08M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY United Arab Emirates WERE (2021 - 2022):
Saudi Arabia-$635k (-52.9%)
Azerbaijan-$363k (-100%)
Iran-$353k (-100%)

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 Stainless Steel Ingots were:
In 2022, United Arab Emirates's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $631k
TOP IMPORT POTENTIALUnited Kingdom+ $181k

Stainless Steel Ingots’s highest export potential is India. With an export gap of $631k.   Stainless Steel Ingots’s highest import potential is United Kingdom with an import gap of $181k.

See methodology.

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