2023
Exports
$1.37MWorld Rnk 47 / 107
Flag Rnk 937 / 1209
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$4.09MWorld Rnk 27 / 175
Flag Rnk 921 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $1.37M in Iron Ingots, making it the 47th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 937th most exported product in United Arab Emirates. The main destination of Iron Ingots exports from United Arab Emirates are: Egypt ($365k), Bahrain ($244k), Saudi Arabia ($224k), Iraq ($195k), and France ($72.3k).

The fastest growing export markets for Iron Ingots of United Arab Emirates between 2022 and 2023 were Egypt ($365k), Bahrain ($227k), and Italy ($61.3k).

Imports In 2023, United Arab Emirates imported $4.09M in Iron Ingots, becoming the 27th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 921st most imported product in United Arab Emirates. United Arab Emirates imports Iron Ingots primarily from: China ($1.97M), United States ($1.71M), Oman ($120k), India ($118k), and United Kingdom ($40.7k).

The fastest growing import markets in Iron Ingots for United Arab Emirates between 2022 and 2023 were China ($429k), United States ($217k), and India ($92.5k).

Latest Trends

Jan 2025

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 Iron Ingots. 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 (2023)$1.37M
IMPORTS (2023)$4.09M
NET TRADE (2023)-$2.72M

In 2023, United Arab Emirates exported $1.37M in Iron Ingots. The main destinations of United Arab Emirates exports on Iron Ingots were Egypt ($365k), Bahrain ($244k), Saudi Arabia ($224k), Iraq ($195k), and France ($72.3k).

In 2023, United Arab Emirates imported $4.09M in Iron Ingots, mainly from China ($1.97M), United States ($1.71M), Oman ($120k), India ($118k), and United Kingdom ($40.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
Egypt$365k (1%)
Bahrain$227k (1.34k%)
Italy$61.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY United Arab Emirates WERE (2022 - 2023):
Iran-$90.5k (-100%)
Saudi Arabia-$88.8k (-28.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, United Arab Emirates's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, United Arab Emirates's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $19.6k
TOP IMPORT POTENTIALChina+ $284k

Iron Ingots’s highest export potential is France. With an export gap of $19.6k.   Iron Ingots’s highest import potential is China with an import gap of $284k.

See methodology.

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