2022
Exports
$160MWorld Rnk 9 / 89
Flag Rnk 185 / 1208
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$14MWorld Rnk 32 / 144
Flag Rnk 758 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $160M in Iron Reductions, making it the 9th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 185th most exported product in United Arab Emirates. The main destination of Iron Reductions exports from United Arab Emirates are: Kuwait ($102M), China ($31.3M), Oman ($13.9M), Pakistan ($7.55M), and Indonesia ($3.61M).

The fastest growing export markets for Iron Reductions of United Arab Emirates between 2021 and 2022 were Kuwait ($49.7M), China ($3.37M), and Indonesia ($1.04M).

Imports In 2022, United Arab Emirates imported $14M in Iron Reductions, becoming the 32nd largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 758th most imported product in United Arab Emirates. United Arab Emirates imports Iron Reductions primarily from: Singapore ($13.5M), China ($467k), India ($63.6k), Italy ($11.6k), and Sweden ($4.92k).

The fastest growing import markets in Iron Reductions for United Arab Emirates between 2021 and 2022 were Singapore ($13.5M), China ($454k), and Sweden ($4.92k).

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 Iron Reductions. 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)$160M
IMPORTS (2022)$14M
NET TRADE (2022)$146M

In 2022, United Arab Emirates exported $160M in Iron Reductions. The main destinations of United Arab Emirates exports on Iron Reductions were Kuwait ($102M), China ($31.3M), Oman ($13.9M), Pakistan ($7.55M), and Indonesia ($3.61M).

In 2022, United Arab Emirates imported $14M in Iron Reductions, mainly from Singapore ($13.5M), China ($467k), India ($63.6k), Italy ($11.6k), and Sweden ($4.92k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Kuwait$49.7M (94.8%)
China$3.37M (12.1%)
Indonesia$1.04M (40.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY United Arab Emirates WERE (2021 - 2022):
Oman-$112M (-89%)
Netherlands-$14.9M (-100%)
Germany-$6.99M (-100%)

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 Reductions were:
In 2022, United Arab Emirates's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.5M
TOP IMPORT POTENTIALChina+ $228k

Iron Reductions’s highest export potential is China. With an export gap of $2.5M.   Iron Reductions’s highest import potential is China with an import gap of $228k.

See methodology.

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