2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

United Kingdom-United Arab Emirates Trade: In 2023, United Kingdom exported $8.87B to United Arab Emirates. The main products that United Kingdom exported to United Arab Emirates were Cars ($1.71B), Gas Turbines ($1.49B), and Gold ($805M). Over the past 5 years the exports of United Kingdom to United Arab Emirates have increased at an annualized rate of 3.3%, from $7.54B in 2018 to $8.87B in 2023.

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

United Arab Emirates-United Kingdom Trade: In 2023, United Arab Emirates exported $3.25B to United Kingdom. The main products that United Arab Emirates exported to United Kingdom were Refined Petroleum ($1.87B), Jewellery ($244M), and Raw Aluminium ($75.9M). Over the past 5 years the exports of United Arab Emirates to United Kingdom have increased at an annualized rate of 6.06%,  from $2.42B in 2018 to $3.25B in 2023.

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

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). 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, United Kingdom exported $8.87B to United Arab Emirates. The main products exported from United Kingdom to United Arab Emirates were Cars ($1.71B), Gas Turbines ($1.49B), and Gold ($805M). During the last 5 years the exports of United Kingdom to United Arab Emirates have increased at an annualized rate of 3.3%, from $7.54B in 2018 to $8.87B in 2023.

In 2018, United Arab Emirates exported $3.25B to United Kingdom. The main products exported from United Arab Emirates to United Kingdom were Refined Petroleum ($1.87B), Jewellery ($244M), and Raw Aluminium ($75.9M). During the last 5 years the exports of United Arab Emirates to United Kingdom have increased at an annualized rate of 6.06%, from $2.42B in 2023 to $3.25B in 2018.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
United Arab Emirates
Top Destination
China$40.2B

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

In 2023, countries that imported more from United Kingdom than United Arab Emirates included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

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

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

Comparative Advantage United Kingdom - United Arab Emirates

Flow
Scale

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

During 2023, United Kingdom had a large net trade with United Arab Emirates in the exports of Machines ($3.15B), Transportation ($2.12B), and Precious Metals ($986M).

During 2018, United Arab Emirates had a large net trade with United Kingdom in the exports of Mineral Products ($1.92B), Precious Metals ($344M), and Machines ($304M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom United Arab Emirates+$117MGold
Top Product Potential United Arab Emirates United Kingdom+$146MGold

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 Kingdom and United Arab Emirates. This means that a dot/product with the flag of United Kingdom 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 United Kingdom.

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

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