2022
Exports
$18.3MWorld Rnk 26 / 144
Flag Rnk 553 / 1208
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$38.3MWorld Rnk 26 / 203
Flag Rnk 540 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $18.3M in Waxes, making it the 26th largest exporter of Waxes in the world. At the same year, Waxes was the 553rd most exported product in United Arab Emirates. The main destination of Waxes exports from United Arab Emirates are: Italy ($6.68M), Saudi Arabia ($3M), India ($1.79M), Iran ($1.04M), and Oman ($1M).

The fastest growing export markets for Waxes of United Arab Emirates between 2021 and 2022 were Italy ($6.08M), Saudi Arabia ($1.07M), and Egypt ($546k).

Imports In 2022, United Arab Emirates imported $38.3M in Waxes, becoming the 26th largest importer of Waxes in the world. At the same year, Waxes was the 540th most imported product in United Arab Emirates. United Arab Emirates imports Waxes primarily from: South Korea ($10.2M), Denmark ($4.87M), United States ($4.86M), Germany ($3.44M), and India ($3.1M).

The fastest growing import markets in Waxes for United Arab Emirates between 2021 and 2022 were Denmark ($2.26M), United States ($1.51M), and India ($1.14M).

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 Waxes. 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)$18.3M
IMPORTS (2022)$38.3M
NET TRADE (2022)-$20M

In 2022, United Arab Emirates exported $18.3M in Waxes. The main destinations of United Arab Emirates exports on Waxes were Italy ($6.68M), Saudi Arabia ($3M), India ($1.79M), Iran ($1.04M), and Oman ($1M).

In 2022, United Arab Emirates imported $38.3M in Waxes, mainly from South Korea ($10.2M), Denmark ($4.87M), United States ($4.86M), Germany ($3.44M), and India ($3.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Italy$6.08M (1.01k%)
Saudi Arabia$1.07M (55.1%)
Egypt$546k (965%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY United Arab Emirates WERE (2021 - 2022):
China-$1.96M (-88%)
Iran-$233k (-18.3%)
India-$120k (-6.29%)

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

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $893k
TOP IMPORT POTENTIALChina+ $1.57M

Waxes’s highest export potential is India. With an export gap of $893k.   Waxes’s highest import potential is China with an import gap of $1.57M.

See methodology.

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