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Pricing

2022
Exports $69.5MWorld Rnk 18 / 91
Flag Rnk 307 / 1208
2022
Destination $7.24M Oman
2021 - 2022
FASTEST GROWING MARKET $7.24MBenin
2022
PRODUCT COMPLEXITY IN Steel Bars0.58Rnk 331 / 1025
2022
Imports $5.73MWorld Rnk 58 / 169
Flag Rnk 897 / 1213
2022
Origin $131k India
2021 - 2022
FASTEST GROWING ORIGIN $131kTurkey
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $69.5M in Steel Bars, making it the 18th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 307th most exported product in United Arab Emirates. The main destination of Steel Bars exports from United Arab Emirates are: Oman ($30.5M), Italy ($9.29M), Vietnam ($7.71M), Benin ($7.24M), and Thailand ($2.85M).

The fastest growing export markets for Steel Bars of United Arab Emirates between 2021 and 2022 were Benin ($7.24M), Vietnam ($5.86M), and Ethiopia ($2.54M).

Imports In 2022, United Arab Emirates imported $5.73M in Steel Bars, becoming the 58th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 897th most imported product in United Arab Emirates. United Arab Emirates imports Steel Bars primarily from: India ($3.04M), China ($2.31M), Turkey ($207k), New Zealand ($93.5k), and United Kingdom ($36.1k).

The fastest growing import markets in Steel Bars for United Arab Emirates between 2021 and 2022 were Turkey ($131k), New Zealand ($93.5k), and United Kingdom ($36.1k).

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 Steel 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)$69.5M
IMPORTS (2022)$5.73M
NET TRADE (2022)$63.8M

In 2022, United Arab Emirates exported $69.5M in Steel Bars. The main destinations of United Arab Emirates exports on Steel Bars were Oman ($30.5M), Italy ($9.29M), Vietnam ($7.71M), Benin ($7.24M), and Thailand ($2.85M).

In 2022, United Arab Emirates imported $5.73M in Steel Bars, mainly from India ($3.04M), China ($2.31M), Turkey ($207k), New Zealand ($93.5k), and United Kingdom ($36.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Benin$7.24M (1%)
Vietnam$5.86M (316%)
Ethiopia$2.54M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY United Arab Emirates WERE (2021 - 2022):
Oman-$28.5M (-48.3%)
Chinese Taipei-$7.19M (-78.9%)
Thailand-$1.91M (-40.2%)
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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 Steel Bars were:
China $915M
Japan $657M
Germany $601M
In 2022, United Arab Emirates's main importing competitors in Steel Bars were:
United States $602M
Germany $427M
Thailand $392M

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $1.23M
TOP IMPORT POTENTIALChina+ $1.08M

Steel Bars’s highest export potential is Thailand. With an export gap of $1.23M.   Steel Bars’s highest import potential is China with an import gap of $1.08M.

See methodology.

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