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2022
Exports $93.7MWorld Rnk 28 / 128
Flag Rnk 263 / 1208
2022
Destination $49.2M Malaysia
2021 - 2022
FASTEST GROWING MARKET $49.2MMalaysia
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $1.17BWorld Rnk 14 / 130
Flag Rnk 28 / 1213
2022
Origin $89.7M Bahrain
2021 - 2022
FASTEST GROWING ORIGIN $89.7MOman
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $93.7M in Iron Ore, making it the 28th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 263rd most exported product in United Arab Emirates. The main destination of Iron Ore exports from United Arab Emirates are: Malaysia ($59.5M), China ($27.4M), Indonesia ($6.54M), Saudi Arabia ($93.5k), and Kuwait ($42.6k).

The fastest growing export markets for Iron Ore of United Arab Emirates between 2021 and 2022 were Malaysia ($49.2M), China ($123k), and Saudi Arabia ($93.5k).

Imports In 2022, United Arab Emirates imported $1.17B in Iron Ore, becoming the 14th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 28th most imported product in United Arab Emirates. United Arab Emirates imports Iron Ore primarily from: Bahrain ($473M), Oman ($371M), Sweden ($201M), Brazil ($75.9M), and Chile ($33.3M).

The fastest growing import markets in Iron Ore for United Arab Emirates between 2021 and 2022 were Oman ($89.7M), Chile ($33.3M), and Brazil ($20.7M).

Latest Trends

Sep 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 Iron Ore. 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)$93.7M
IMPORTS (2022)$1.17B
NET TRADE (2022)-$1.08B

In 2022, United Arab Emirates exported $93.7M in Iron Ore. The main destinations of United Arab Emirates exports on Iron Ore were Malaysia ($59.5M), China ($27.4M), Indonesia ($6.54M), Saudi Arabia ($93.5k), and Kuwait ($42.6k).

In 2022, United Arab Emirates imported $1.17B in Iron Ore, mainly from Bahrain ($473M), Oman ($371M), Sweden ($201M), Brazil ($75.9M), and Chile ($33.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Malaysia$49.2M (475%)
China$123k (0.45%)
Saudi Arabia$93.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY United Arab Emirates WERE (2021 - 2022):
Vietnam-$9.29M (-100%)
Indonesia-$1.38M (-17.5%)
Pakistan-$41.6k (-100%)
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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 Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, United Arab Emirates's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $56.5M
TOP IMPORT POTENTIALBrazil+ $37.9M

Iron Ore’s highest export potential is China. With an export gap of $56.5M.   Iron Ore’s highest import potential is Brazil with an import gap of $37.9M.

See methodology.

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