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2022
Exports $399kWorld Rnk 43 / 104
Flag Rnk 1074 / 1208
2022
Destination $106k Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $106kSaudi Arabia
2022
Imports $2.01MWorld Rnk 42 / 185
Flag Rnk 1028 / 1213
2022
Origin $475k India
2021 - 2022
FASTEST GROWING ORIGIN $475kSouth Korea
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $399k in Nitric Acids, making it the 43rd largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1074th most exported product in United Arab Emirates. The main destination of Nitric Acids exports from United Arab Emirates are: Saudi Arabia ($116k), Kuwait ($95.9k), Oman ($51k), Tanzania ($35.6k), and Jordan ($29.6k).

The fastest growing export markets for Nitric Acids of United Arab Emirates between 2021 and 2022 were Saudi Arabia ($106k), Kuwait ($95.9k), and Jordan ($27.2k).

Imports In 2022, United Arab Emirates imported $2.01M in Nitric Acids, becoming the 42nd largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 1028th most imported product in United Arab Emirates. United Arab Emirates imports Nitric Acids primarily from: India ($982k), South Korea ($557k), Iran ($192k), Malaysia ($84.9k), and China ($76.1k).

The fastest growing import markets in Nitric Acids for United Arab Emirates between 2021 and 2022 were South Korea ($475k), China ($68.9k), and Netherlands ($41k).

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 Nitric Acids. 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)$399k
IMPORTS (2022)$2.01M
NET TRADE (2022)-$1.61M

In 2022, United Arab Emirates exported $399k in Nitric Acids. The main destinations of United Arab Emirates exports on Nitric Acids were Saudi Arabia ($116k), Kuwait ($95.9k), Oman ($51k), Tanzania ($35.6k), and Jordan ($29.6k).

In 2022, United Arab Emirates imported $2.01M in Nitric Acids, mainly from India ($982k), South Korea ($557k), Iran ($192k), Malaysia ($84.9k), and China ($76.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Saudi Arabia$106k (969%)
Kuwait$95.9k (1%)
Jordan$27.2k (1.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY United Arab Emirates WERE (2021 - 2022):
France-$37.7k (-100%)
Azerbaijan-$16.6k (-100%)
Bahrain-$16k (-96.3%)
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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 Nitric Acids were:
South Korea $154M
Belgium $142M
Germany $100M
In 2022, United Arab Emirates's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALVietnam+ $5.29k
TOP IMPORT POTENTIALGermany+ $52.7k

Nitric Acids’s highest export potential is Vietnam. With an export gap of $5.29k.   Nitric Acids’s highest import potential is Germany with an import gap of $52.7k.

See methodology.

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