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2023
Flag → Flag
Exports $453MRnk 75 / 216
2023
Flag → Flag
Top Product $212MCrude Petroleum
2023
Flag → Flag
Exports $360MRnk 33 / 214
2023
Flag → Flag
Top Product $41.7MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.4Rnk 46 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH2.93%CURRENT US$
Rnk 166 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

United Arab Emirates-Greece Trade: In 2023, United Arab Emirates exported $453M to Greece. The main products that United Arab Emirates exported to Greece were Crude Petroleum ($212M), Refined Petroleum ($70.4M), and Raw Aluminium ($69.4M). Over the past 5 years the exports of United Arab Emirates to Greece have increased at an annualized rate of 27.4%, from $135M in 2018 to $453M in 2023.

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

Greece-United Arab Emirates Trade: In 2023, Greece exported $360M to United Arab Emirates. The main products that Greece exported to United Arab Emirates were Refined Petroleum ($41.7M), Rolled Tobacco ($39M), and Packaged Medicaments ($29.3M). Over the past 5 years the exports of Greece to United Arab Emirates have increased at an annualized rate of 2.85%,  from $313M in 2018 to $360M in 2023.

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

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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $453M to Greece. The main products exported from United Arab Emirates to Greece were Crude Petroleum ($212M), Refined Petroleum ($70.4M), and Raw Aluminium ($69.4M). During the last 5 years the exports of United Arab Emirates to Greece have increased at an annualized rate of 27.4%, from $135M in 2018 to $453M in 2023.

In 2018, Greece exported $360M to United Arab Emirates. The main products exported from Greece to United Arab Emirates were Refined Petroleum ($41.7M), Rolled Tobacco ($39M), and Packaged Medicaments ($29.3M). During the last 5 years the exports of Greece to United Arab Emirates have increased at an annualized rate of 2.85%, from $313M in 2023 to $360M in 2018.

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

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

Latest Data

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

United Arab Emirates Exports

Greece Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from United Arab Emirates than Greece included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Greece than United Arab Emirates included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage United Arab Emirates - Greece

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Greece in the exports of Mineral Products ($284M), Metals ($105M), and Transportation ($19.9M).

During 2018, Greece had a large net trade with United Arab Emirates in the exports of Foodstuffs ($60.1M), Chemical Products ($53.5M), and Machines ($50.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Greece+$11.7MTelephones
Top Product Potential Greece United Arab Emirates+$70.3MRefined Petroleum

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 United Arab Emirates and Greece. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over United Arab Emirates.

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

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