2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Canada-United Arab Emirates Trade: In 2022, Canada exported $2.22B to United Arab Emirates. The main products that Canada exported to United Arab Emirates were Diamonds ($746M), Dried Legumes ($247M), and Planes, Helicopters, and/or Spacecraft ($190M). Over the past 5 years the exports of Canada to United Arab Emirates have increased at an annualized rate of 10.8%, from $1.33B in 2017 to $2.22B in 2022.

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.

United Arab Emirates-Canada Trade: In 2022, United Arab Emirates exported $817M to Canada. The main products that United Arab Emirates exported to Canada were Jewellery ($241M), Raw Iron Bars ($108M), and Other Small Iron Pipes ($62.4M). Over the past 5 years the exports of United Arab Emirates to Canada have increased at an annualized rate of 23.9%,  from $280M in 2017 to $817M in 2022.

In 2022, United Arab Emirates did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $2.22B to United Arab Emirates. The main products exported from Canada to United Arab Emirates were Diamonds ($746M), Dried Legumes ($247M), and Planes, Helicopters, and/or Spacecraft ($190M). During the last 5 years the exports of Canada to United Arab Emirates have increased at an annualized rate of 10.8%, from $1.33B in 2017 to $2.22B in 2022.

In 2017, United Arab Emirates exported $817M to Canada. The main products exported from United Arab Emirates to Canada were Jewellery ($241M), Raw Iron Bars ($108M), and Other Small Iron Pipes ($62.4M). During the last 5 years the exports of United Arab Emirates to Canada have increased at an annualized rate of 23.9%, from $280M in 2022 to $817M in 2017.

Exports from Canada (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Canada than United Arab Emirates included United States ($438B), United Kingdom ($12.9B), and Mexico ($7.39B).

In 2022, countries that imported more from United Arab Emirates than Canada included India ($51B), Saudi Arabia ($27.8B), and Japan ($40.9B).

Difference in imports from United Arab Emirates (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - United Arab Emirates

Flow
Scale

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

During 2022, Canada had a large net trade with United Arab Emirates in the exports of Precious Metals ($846M), Transportation ($401M), and Vegetable Products ($371M).

During 2017, United Arab Emirates had a large net trade with Canada in the exports of Metals ($320M), Precious Metals ($249M), and Mineral Products ($57.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada United Arab Emirates+$114MCars
Top Product Potential United Arab Emirates Canada+$68.6MRefined 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 Canada and United Arab Emirates. This means that a dot/product with the flag of Canada 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 Canada.

Product Space of Canada (Flag) and United Arab Emirates (Flag) (2022)

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