2022
Exports
$832MWorld Rnk 7 / 162
Flag Rnk 37 / 1208
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$195MWorld Rnk 36 / 217
Flag Rnk 211 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $832M in Raw Iron Bars, making it the 7th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 37th most exported product in United Arab Emirates. The main destination of Raw Iron Bars exports from United Arab Emirates are: Kuwait ($226M), Hong Kong ($206M), Canada ($108M), Bahrain ($59.2M), and Israel ($56.5M).

The fastest growing export markets for Raw Iron Bars of United Arab Emirates between 2021 and 2022 were Hong Kong ($196M), Kuwait ($127M), and Israel ($55.9M).

Imports In 2022, United Arab Emirates imported $195M in Raw Iron Bars, becoming the 36th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 211th most imported product in United Arab Emirates. United Arab Emirates imports Raw Iron Bars primarily from: Oman ($182M), Turkey ($3.35M), China ($2.9M), Iraq ($2.2M), and Germany ($1.8M).

The fastest growing import markets in Raw Iron Bars for United Arab Emirates between 2021 and 2022 were Iraq ($2.19M), China ($1.26M), and Poland ($201k).

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 Raw Iron Bars. 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)$832M
IMPORTS (2022)$195M
NET TRADE (2022)$638M

In 2022, United Arab Emirates exported $832M in Raw Iron Bars. The main destinations of United Arab Emirates exports on Raw Iron Bars were Kuwait ($226M), Hong Kong ($206M), Canada ($108M), Bahrain ($59.2M), and Israel ($56.5M).

In 2022, United Arab Emirates imported $195M in Raw Iron Bars, mainly from Oman ($182M), Turkey ($3.35M), China ($2.9M), Iraq ($2.2M), and Germany ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Hong Kong$196M (1.88k%)
Kuwait$127M (128%)
Israel$55.9M (9.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY United Arab Emirates WERE (2021 - 2022):
Saudi Arabia-$175M (-89.7%)
Singapore-$48.5M (-70.5%)
Burma-$9.52M (-67.2%)

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 Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, United Arab Emirates's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.28M
TOP IMPORT POTENTIALTurkey+ $4.97M

Raw Iron Bars’s highest export potential is China. With an export gap of $5.28M.   Raw Iron Bars’s highest import potential is Turkey with an import gap of $4.97M.

See methodology.

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