2023
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GDP
$2.02TCURRENT US$
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2013-2023
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GDP GROWTH
-11.8%CURRENT US$
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2023
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 GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
28.5%CURRENT US$
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2023
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GDP PC 
$13,817CURRENT US$
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2013-2023
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GDP PC GROWTH
-13.3%CURRENT US$
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2023
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GDP PC
$49,041CURRENT US$
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2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
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About

Russia-United Arab Emirates Trade: In 2023, Russia exported $6.45B to United Arab Emirates. The main products that Russia exported to United Arab Emirates were Gold ($2.52B), Diamonds ($1.63B), and Refined Petroleum ($830M). Over the past 5 years the exports of Russia to United Arab Emirates have increased at an annualized rate of 23.5%, from $2.25B in 2018 to $6.45B in 2023.

In 2020, Russia exported services to United Arab Emirates worth $976M, with Transportation ($684M), Other business services ($154M), and Computer and information services ($44.1M) being the largest in terms of value.

United Arab Emirates-Russia Trade: In 2023, United Arab Emirates exported $4.49B to Russia. The main products that United Arab Emirates exported to Russia were Broadcasting Equipment ($2.09B), Computers ($437M), and Refined Petroleum ($178M). Over the past 5 years the exports of United Arab Emirates to Russia have increased at an annualized rate of 53.1%,  from $534M in 2018 to $4.49B in 2023.

In 2023, United Arab Emirates did not export any services to Russia.

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $6.45B to United Arab Emirates. The main products exported from Russia to United Arab Emirates were Gold ($2.52B), Diamonds ($1.63B), and Refined Petroleum ($830M). During the last 5 years the exports of Russia to United Arab Emirates have increased at an annualized rate of 23.5%, from $2.25B in 2018 to $6.45B in 2023.

In 2018, United Arab Emirates exported $4.49B to Russia. The main products exported from United Arab Emirates to Russia were Broadcasting Equipment ($2.09B), Computers ($437M), and Refined Petroleum ($178M). During the last 5 years the exports of United Arab Emirates to Russia have increased at an annualized rate of 53.1%, from $534M in 2023 to $4.49B in 2018.

Exportaciones desde Russia (Flag) hacia United Arab Emirates (Flag) (2023)

Exportaciones desde United Arab Emirates (Flag) hacia Russia (Flag) (2023)

Market Competitiveness

Color
Russia
Top Destination
China$129B
United Arab Emirates
Top Destination
China$40.2B

This map shows whether countries import more from Russia or United Arab Emirates. Each country is colored based on the difference in imports they receive from Russia and United Arab Emirates or the difference in the growth in imports.

In 2023, countries that imported more from Russia than United Arab Emirates included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from United Arab Emirates than Russia included Japan ($37.4B), Iraq ($22.6B), and Thailand ($15.8B).

Diferencia en importaciones desde United Arab Emirates (Flag) y Russia (Flag) (2023)

Comparative Advantage Russia - United Arab Emirates

Flow
Scale

This chart compares trade between Russia and United Arab Emirates by product, considering products traded by both, Russia and United Arab Emirates.

During 2023, Russia had a large net trade with United Arab Emirates in the exports of Precious Metals ($4.36B), Mineral Products ($1.16B), and Vegetable Products ($284M).

During 2018, United Arab Emirates had a large net trade with Russia in the exports of Machines ($3.17B), Transportation ($333M), and Mineral Products ($183M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia United Arab Emirates+$256MRefined Petroleum
Top Product Potential United Arab Emirates Russia+$67.4MComputers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Russia and United Arab Emirates. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Russia.

Espacio del Producto de Russia (Flag) y United Arab Emirates (Flag) (2023)

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