Overview: In 2018 United Arab Emirates was the number 28 economy in the world in terms of GDP (current US$), the number 26 in total exports, the number 21 in total imports, and the number 55 most complex economy according to the Economic Complexity Index (ECI). In 2018, United Arab Emirates exported $242B and imported $232B, resulting in a positive trade balance of $9.67B. In 2018, United Arab Emirates's exports per capita were $25.1k and its imports per capita were $24.1k.
Trade: The top exports of United Arab Emirates are Crude Petroleum ($58.1B), Refined Petroleum ($32.3B), Gold ($15.4B), Jewellery ($12.2B), and Diamonds ($10.2B). The top imports of United Arab Emirates are Gold ($27.3B), Broadcasting Equipment ($15.5B), Jewellery ($13.4B), Refined Petroleum ($12.8B), and Cars ($11.3B).
Destinations: United Arab Emirates exports mostly to India ($23.8B), Japan ($21.7B), China ($17.4B), Saudi Arabia ($17.2B), and Oman ($11.7B), and imports mostly from China ($32.1B), India ($27.1B), United States ($17.3B), United Kingdom ($9.69B), and Germany ($9.68B).
Location: United Arab Emirates borders Oman and Saudi Arabia by land and Iran and Qatar by sea.