2022
Exports
$10.6MWorld Rnk 38 / 158
Flag Rnk 673 / 1208
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$63.4MWorld Rnk 24 / 213
Flag Rnk 420 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $10.6M in Industrial Furnaces, making it the 38th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 673rd most exported product in United Arab Emirates. The main destination of Industrial Furnaces exports from United Arab Emirates are: Saudi Arabia ($3.07M), Oman ($1.07M), Zambia ($770k), Maldives ($768k), and Afghanistan ($722k).

The fastest growing export markets for Industrial Furnaces of United Arab Emirates between 2021 and 2022 were Saudi Arabia ($2.23M), Maldives ($757k), and Zambia ($745k).

Imports In 2022, United Arab Emirates imported $63.4M in Industrial Furnaces, becoming the 24th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 420th most imported product in United Arab Emirates. United Arab Emirates imports Industrial Furnaces primarily from: China ($34.3M), Italy ($9.87M), South Korea ($6.33M), India ($2.34M), and Germany ($1.81M).

The fastest growing import markets in Industrial Furnaces for United Arab Emirates between 2021 and 2022 were South Korea ($5.31M), Italy ($1.83M), and India ($973k).

Latest Trends

Jul 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 Industrial Furnaces. 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)$10.6M
IMPORTS (2022)$63.4M
NET TRADE (2022)-$52.8M

In 2022, United Arab Emirates exported $10.6M in Industrial Furnaces. The main destinations of United Arab Emirates exports on Industrial Furnaces were Saudi Arabia ($3.07M), Oman ($1.07M), Zambia ($770k), Maldives ($768k), and Afghanistan ($722k).

In 2022, United Arab Emirates imported $63.4M in Industrial Furnaces, mainly from China ($34.3M), Italy ($9.87M), South Korea ($6.33M), India ($2.34M), and Germany ($1.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Saudi Arabia$2.23M (267%)
Maldives$757k (6.86k%)
Zambia$745k (2.92k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY United Arab Emirates WERE (2021 - 2022):
Iran-$7.83M (-100%)
Bahrain-$1.54M (-91%)
Thailand-$1.33M (-89.4%)

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 Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, United Arab Emirates's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $448k
TOP IMPORT POTENTIALGermany+ $1.2M

Industrial Furnaces’s highest export potential is United States. With an export gap of $448k.   Industrial Furnaces’s highest import potential is Germany with an import gap of $1.2M.

See methodology.

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