2023
Exports
$14.2MWorld Rnk 30 / 124
Flag Rnk 561 / 1209
2023
PRODUCT COMPLEXITY IN Petroleum Resins
1.47Rnk 49 / 1025
2023
Imports
$60.2MWorld Rnk 26 / 200
Flag Rnk 417 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $14.2M in Petroleum Resins, making it the 30th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 561st most exported product in United Arab Emirates. The main destination of Petroleum Resins exports from United Arab Emirates are: Oman ($4.36M), Iraq ($3.69M), Iran ($2.56M), Uzbekistan ($626k), and Qatar ($415k).

The fastest growing export markets for Petroleum Resins of United Arab Emirates between 2022 and 2023 were Uzbekistan ($287k), Qatar ($148k), and Namibia ($134k).

Imports In 2023, United Arab Emirates imported $60.2M in Petroleum Resins, becoming the 26th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 417th most imported product in United Arab Emirates. United Arab Emirates imports Petroleum Resins primarily from: China ($19.2M), South Korea ($10.7M), Spain ($8.35M), Germany ($7.35M), and Italy ($3.39M).

The fastest growing import markets in Petroleum Resins for United Arab Emirates between 2022 and 2023 were South Korea ($5.95M), United States ($512k), and Chinese Taipei ($498k).

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 Petroleum Resins. 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)$14.2M
IMPORTS (2023)$60.2M
NET TRADE (2023)-$45.9M

In 2023, United Arab Emirates exported $14.2M in Petroleum Resins. The main destinations of United Arab Emirates exports on Petroleum Resins were Oman ($4.36M), Iraq ($3.69M), Iran ($2.56M), Uzbekistan ($626k), and Qatar ($415k).

In 2023, United Arab Emirates imported $60.2M in Petroleum Resins, mainly from China ($19.2M), South Korea ($10.7M), Spain ($8.35M), Germany ($7.35M), and Italy ($3.39M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
Uzbekistan$287k (84.5%)
Qatar$148k (55.1%)
Namibia$134k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY United Arab Emirates WERE (2022 - 2023):
Oman-$3.23M (-42.5%)
Egypt-$2.9M (-95.8%)
Iraq-$1.16M (-23.9%)

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 Petroleum Resins were:
In 2023, United Arab Emirates's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $764k
TOP IMPORT POTENTIALUnited States+ $2M

Petroleum Resins’s highest export potential is Saudi Arabia. With an export gap of $764k.   Petroleum Resins’s highest import potential is United States with an import gap of $2M.

See methodology.

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