2022
Exports
$11.3MWorld Rnk 13 / 184
Flag Rnk 660 / 1208
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$21MWorld Rnk 20 / 218
Flag Rnk 682 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $11.3M in Tool Sets, making it the 13th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 660th most exported product in United Arab Emirates. The main destination of Tool Sets exports from United Arab Emirates are: Libya ($1.73M), Saudi Arabia ($1.12M), Nigeria ($1.01M), Spain ($966k), and Jordan ($782k).

The fastest growing export markets for Tool Sets of United Arab Emirates between 2021 and 2022 were Nigeria ($980k), Spain ($966k), and Libya ($651k).

Imports In 2022, United Arab Emirates imported $21M in Tool Sets, becoming the 20th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 682nd most imported product in United Arab Emirates. United Arab Emirates imports Tool Sets primarily from: China ($11.4M), Chinese Taipei ($3.99M), Germany ($1.23M), United States ($924k), and Kuwait ($728k).

The fastest growing import markets in Tool Sets for United Arab Emirates between 2021 and 2022 were China ($4.42M), Chinese Taipei ($1.35M), and Kuwait ($695k).

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 Tool Sets. 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)$11.3M
IMPORTS (2022)$21M
NET TRADE (2022)-$9.65M

In 2022, United Arab Emirates exported $11.3M in Tool Sets. The main destinations of United Arab Emirates exports on Tool Sets were Libya ($1.73M), Saudi Arabia ($1.12M), Nigeria ($1.01M), Spain ($966k), and Jordan ($782k).

In 2022, United Arab Emirates imported $21M in Tool Sets, mainly from China ($11.4M), Chinese Taipei ($3.99M), Germany ($1.23M), United States ($924k), and Kuwait ($728k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Nigeria$980k (2.84k%)
Spain$966k (207k%)
Libya$651k (60.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY United Arab Emirates WERE (2021 - 2022):
Oman-$804k (-59.3%)
Ghana-$577k (-99.7%)
Saudi Arabia-$202k (-15.3%)

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 Tool Sets were:
In 2022, United Arab Emirates's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $267k
TOP IMPORT POTENTIALGermany+ $226k

Tool Sets’s highest export potential is United States. With an export gap of $267k.   Tool Sets’s highest import potential is Germany with an import gap of $226k.

See methodology.

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