2023
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GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH
28.5%CURRENT US$
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2023
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 GDP
$2.14TCURRENT US$
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2013-2023
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GDP GROWTH
16%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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2023
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GDP PC
$53,431CURRENT US$
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2013-2023
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GDP PC GROWTH
1.51%CURRENT US$
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About

United Arab Emirates-Canada Trade: In 2023, United Arab Emirates exported $649M to Canada. The main products that United Arab Emirates exported to Canada were Raw Iron Bars ($169M), Other Small Iron Pipes ($46.7M), and Refined Petroleum ($42.5M). Over the past 5 years the exports of United Arab Emirates to Canada have increased at an annualized rate of 19.7%, from $264M in 2018 to $649M in 2023.

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

Canada-United Arab Emirates Trade: In 2023, Canada exported $2.34B to United Arab Emirates. The main products that Canada exported to United Arab Emirates were Diamonds ($627M), Cars ($249M), and Dried Legumes ($200M). Over the past 5 years the exports of Canada to United Arab Emirates have increased at an annualized rate of 5.6%,  from $1.78B in 2018 to $2.34B in 2023.

In 2020, Canada exported services to United Arab Emirates worth $42.5M, with Communications services ($21.6M), Computer and information services ($8.2M), and Financial services ($6.71M) being the largest in terms of value.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $649M to Canada. The main products exported from United Arab Emirates to Canada were Raw Iron Bars ($169M), Other Small Iron Pipes ($46.7M), and Refined Petroleum ($42.5M). During the last 5 years the exports of United Arab Emirates to Canada have increased at an annualized rate of 19.7%, from $264M in 2018 to $649M in 2023.

In 2018, Canada exported $2.34B to United Arab Emirates. The main products exported from Canada to United Arab Emirates were Diamonds ($627M), Cars ($249M), and Dried Legumes ($200M). During the last 5 years the exports of Canada to United Arab Emirates have increased at an annualized rate of 5.6%, from $1.78B in 2023 to $2.34B in 2018.

Exports from United Arab Emirates (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Canada (Flag)

United Arab Emirates Exports

Canada Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from United Arab Emirates than Canada included India ($38.2B), Japan ($37.4B), and Iraq ($22.6B).

In 2023, countries that imported more from Canada than United Arab Emirates included United States ($410B), United Kingdom ($18B), and Mexico ($8.76B).

Difference in imports from Canada (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Canada

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Canada in the exports of Metals ($351M), Machines ($59.5M), and Precious Metals ($43.3M).

During 2018, Canada had a large net trade with United Arab Emirates in the exports of Precious Metals ($713M), Vegetable Products ($433M), and Transportation ($400M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Canada+$68.6MRefined Petroleum
Top Product Potential Canada United Arab Emirates+$114MCars

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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Bilateral Service Trade

In 2020, Canada exported services to United Arab Emirates worth $42.5M, with Communications services ($21.6M), Computer and information services ($8.2M), and Financial services ($6.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to United Arab Emirates (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Canada (Flag) (2023)

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