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2022
Exports $7.5MWorld Rnk 15 / 168
Flag Rnk 723 / 1208
2022
Destination $638k Iraq
2021 - 2022
FASTEST GROWING MARKET $638kArmenia
2022
PRODUCT COMPLEXITY IN String Instruments0.51Rnk 362 / 1025
2022
Imports $10.6MWorld Rnk 25 / 209
Flag Rnk 795 / 1213
2022
Origin $417k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $417kIndia
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $7.5M in String Instruments, making it the 15th largest exporter of String Instruments in the world. At the same year, String Instruments was the 723rd most exported product in United Arab Emirates. The main destination of String Instruments exports from United Arab Emirates are: Iraq ($2M), Ukraine ($1.16M), Saudi Arabia ($748k), Armenia ($685k), and Kazakhstan ($419k).

The fastest growing export markets for String Instruments of United Arab Emirates between 2021 and 2022 were Armenia ($638k), Kazakhstan ($418k), and Saudi Arabia ($198k).

Imports In 2022, United Arab Emirates imported $10.6M in String Instruments, becoming the 25th largest importer of String Instruments in the world. At the same year, String Instruments was the 795th most imported product in United Arab Emirates. United Arab Emirates imports String Instruments primarily from: Indonesia ($3.94M), China ($3.57M), India ($643k), United States ($602k), and Spain ($436k).

The fastest growing import markets in String Instruments for United Arab Emirates between 2021 and 2022 were India ($417k), China ($371k), and Italy ($301k).

Latest Trends

Oct 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 String Instruments. 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)$7.5M
IMPORTS (2022)$10.6M
NET TRADE (2022)-$3.09M

In 2022, United Arab Emirates exported $7.5M in String Instruments. The main destinations of United Arab Emirates exports on String Instruments were Iraq ($2M), Ukraine ($1.16M), Saudi Arabia ($748k), Armenia ($685k), and Kazakhstan ($419k).

In 2022, United Arab Emirates imported $10.6M in String Instruments, mainly from Indonesia ($3.94M), China ($3.57M), India ($643k), United States ($602k), and Spain ($436k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Armenia$638k (1.34k%)
Kazakhstan$418k (63.9k%)
Saudi Arabia$198k (35.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY United Arab Emirates WERE (2021 - 2022):
Ukraine-$639k (-35.5%)
Germany-$111k (-99.6%)
South Africa-$94.8k (-32%)
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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 String Instruments were:
China $527M
United States $146M
Indonesia $107M
In 2022, United Arab Emirates's main importing competitors in String Instruments were:
United States $279M
Germany $91.7M
Japan $59.6M

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $150k
TOP IMPORT POTENTIALChina+ $503k

String Instruments’s highest export potential is China. With an export gap of $150k.   String Instruments’s highest import potential is China with an import gap of $503k.

See methodology.

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