2022
Exports
$15.3MWorld Rnk 35 / 187
Flag Rnk 593 / 1208
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$19MWorld Rnk 40 / 220
Flag Rnk 699 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $15.3M in Opto-Electric Instrument Parts, making it the 35th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 593rd most exported product in United Arab Emirates. The main destination of Opto-Electric Instrument Parts exports from United Arab Emirates are: Saudi Arabia ($5.67M), Oman ($1.67M), Iraq ($1.16M), Qatar ($859k), and Iran ($775k).

The fastest growing export markets for Opto-Electric Instrument Parts of United Arab Emirates between 2021 and 2022 were Saudi Arabia ($3.42M), Qatar ($463k), and Iraq ($420k).

Imports In 2022, United Arab Emirates imported $19M in Opto-Electric Instrument Parts, becoming the 40th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 699th most imported product in United Arab Emirates. United Arab Emirates imports Opto-Electric Instrument Parts primarily from: United States ($3.15M), Singapore ($1.92M), Canada ($1.79M), Kuwait ($1.5M), and Germany ($1.41M).

The fastest growing import markets in Opto-Electric Instrument Parts for United Arab Emirates between 2021 and 2022 were Canada ($1.65M), Kuwait ($1.48M), and Singapore ($328k).

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 Opto-Electric Instrument Parts. 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)$15.3M
IMPORTS (2022)$19M
NET TRADE (2022)-$3.77M

In 2022, United Arab Emirates exported $15.3M in Opto-Electric Instrument Parts. The main destinations of United Arab Emirates exports on Opto-Electric Instrument Parts were Saudi Arabia ($5.67M), Oman ($1.67M), Iraq ($1.16M), Qatar ($859k), and Iran ($775k).

In 2022, United Arab Emirates imported $19M in Opto-Electric Instrument Parts, mainly from United States ($3.15M), Singapore ($1.92M), Canada ($1.79M), Kuwait ($1.5M), and Germany ($1.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Saudi Arabia$3.42M (152%)
Qatar$463k (117%)
Iraq$420k (56.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY United Arab Emirates WERE (2021 - 2022):
Rwanda-$1.67M (-87.4%)
China-$894k (-86.6%)
United States-$878k (-92.9%)

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 Opto-Electric Instrument Parts were:
In 2022, United Arab Emirates's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $282k
TOP IMPORT POTENTIALChina+ $859k

Opto-Electric Instrument Parts’s highest export potential is India. With an export gap of $282k.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $859k.

See methodology.

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