2022
Exports
$57.9BWorld Rnk 7 / 214
Flag Rnk 2 / 1208
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$19.5BWorld Rnk 17 / 225
Flag Rnk 3 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $57.9B in Refined Petroleum, making it the 7th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in United Arab Emirates. The main destination of Refined Petroleum exports from United Arab Emirates are: Iraq ($5.29B), South Korea ($4.55B), Singapore ($4.07B), Japan ($3.64B), and South Africa ($3.56B).

The fastest growing export markets for Refined Petroleum of United Arab Emirates between 2021 and 2022 were South Africa ($2.31B), Iraq ($2.04B), and South Korea ($1.93B).

Imports In 2022, United Arab Emirates imported $19.5B in Refined Petroleum, becoming the 17th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in United Arab Emirates. United Arab Emirates imports Refined Petroleum primarily from: India ($7.98B), Saudi Arabia ($2.76B), Iraq ($2.26B), Kuwait ($1.68B), and Pakistan ($1.07B).

The fastest growing import markets in Refined Petroleum for United Arab Emirates between 2021 and 2022 were India ($3.52B), Iraq ($1.01B), and Pakistan ($872M).

Latest Trends

Sep 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 Refined Petroleum. 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)$57.9B
IMPORTS (2022)$19.5B
NET TRADE (2022)$38.4B

In 2022, United Arab Emirates exported $57.9B in Refined Petroleum. The main destinations of United Arab Emirates exports on Refined Petroleum were Iraq ($5.29B), South Korea ($4.55B), Singapore ($4.07B), Japan ($3.64B), and South Africa ($3.56B).

In 2022, United Arab Emirates imported $19.5B in Refined Petroleum, mainly from India ($7.98B), Saudi Arabia ($2.76B), Iraq ($2.26B), Kuwait ($1.68B), and Pakistan ($1.07B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
South Africa$2.31B (185%)
Iraq$2.04B (62.6%)
South Korea$1.93B (73.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY United Arab Emirates WERE (2021 - 2022):
Pakistan-$1.85B (-58.6%)
India-$1.2B (-32.9%)
Uganda-$542M (-98.2%)

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 Refined Petroleum were:
In 2022, United Arab Emirates's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.37B
TOP IMPORT POTENTIALSaudi Arabia+ $677M

Refined Petroleum’s highest export potential is China. With an export gap of $1.37B.   Refined Petroleum’s highest import potential is Saudi Arabia with an import gap of $677M.

See methodology.

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