2022
Exports
$75.9MWorld Rnk 14 / 213
Flag Rnk 294 / 1208
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$118MWorld Rnk 8 / 220
Flag Rnk 306 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $75.9M in Gaskets, making it the 14th largest exporter of Gaskets in the world. At the same year, Gaskets was the 294th most exported product in United Arab Emirates. The main destination of Gaskets exports from United Arab Emirates are: Saudi Arabia ($28.3M), Oman ($12.2M), Iraq ($8.99M), Qatar ($3.01M), and Kuwait ($1.95M).

The fastest growing export markets for Gaskets of United Arab Emirates between 2021 and 2022 were Saudi Arabia ($14.8M), Iraq ($2.7M), and Qatar ($2.09M).

Imports In 2022, United Arab Emirates imported $118M in Gaskets, becoming the 8th largest importer of Gaskets in the world. At the same year, Gaskets was the 306th most imported product in United Arab Emirates. United Arab Emirates imports Gaskets primarily from: Japan ($29.4M), United States ($21.6M), Germany ($13.9M), India ($9.4M), and China ($8.83M).

The fastest growing import markets in Gaskets for United Arab Emirates between 2021 and 2022 were India ($3.41M), Japan ($3.09M), and China ($2.38M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gaskets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$75.9M
IMPORTS (2022)$118M
NET TRADE (2022)-$42.4M

In 2022, United Arab Emirates exported $75.9M in Gaskets. The main destinations of United Arab Emirates exports on Gaskets were Saudi Arabia ($28.3M), Oman ($12.2M), Iraq ($8.99M), Qatar ($3.01M), and Kuwait ($1.95M).

In 2022, United Arab Emirates imported $118M in Gaskets, mainly from Japan ($29.4M), United States ($21.6M), Germany ($13.9M), India ($9.4M), and China ($8.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Saudi Arabia$14.8M (110%)
Iraq$2.7M (42.9%)
Qatar$2.09M (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY United Arab Emirates WERE (2021 - 2022):
Chinese Taipei-$1.37M (-97.3%)
Iran-$1.07M (-51.9%)
Kenya-$461k (-80.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Gaskets were:
In 2022, United Arab Emirates's main importing competitors in Gaskets were:

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.11M
TOP IMPORT POTENTIALChina+ $3.64M

Gaskets’s highest export potential is India. With an export gap of $1.11M.   Gaskets’s highest import potential is China with an import gap of $3.64M.

See methodology.

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