Trade balance — all countries

Trade balance — United Arab Emirates

Trade balance in the United Arab Emirates in 2023 — 76,550,034,037 US$. Ranked 9 in the world out of 175. Since 2001, the indicator has risen by 776.5%.

2023 76.55B US$ −18.48% vs 2022
World rank 9of 175
Period maximum 140B US$2013
Period minimum 6.52B US$2002

Trend over time

2001–2023 · US$

Trade balance — United Arab Emirates, 2001–2023050B100B150B200120042007201020132016201920222001: 8,733,832,539 US$2002: 6,517,631,042 US$2003: 11,870,388,019 US$2004: 15,540,550,034 US$2005: 28,208,386,658 US$2006: 39,503,262,083 US$2007: 20,556,024,506 US$2008: 29,093,805,310 US$2009: 14,819,060,585 US$2010: 59,717,358,747 US$2011: 99,894,894,486 US$2012: 135,765,282,505 US$2013: 139,735,057,862 US$2014: 127,617,154,527 US$2015: 89,530,292,716 US$2016: 89,911,504,425 US$2017: 96,800,544,588 US$2018: 118,682,096,664 US$2019: 98,859,087,815 US$2020: 53,049,421,375 US$2021: 77,626,957,114 US$2022: 93,905,513,955 US$2023: 76,550,034,037 US$
Change over the period: +67.82B (+776.48%) Average annual rate: 10.37 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: United Arab Emirates

United Arab Emirates 76.55B US$
World computed 705B US$
Middle East & North Africa computed 211B US$
Western Asia computed 215B US$
High-income countries computed 573B US$
Trade balance — United Arab Emirates, by year United Arab Emirates All countries CSV XLSX
Year US$ Change Change, %
2023 76.55B −17.36B −18.48%
2022 93.91B +16.28B +20.97%
2021 77.63B +24.58B +46.33%
2020 53.05B −45.81B −46.34%
2019 98.86B −19.82B −16.7%
2018 119B +21.88B +22.6%
2017 96.8B +6.89B +7.66%
2016 89.91B +381M +0.43%
2015 89.53B −38.09B −29.84%
2014 128B −12.12B −8.67%
2013 140B +3.97B +2.92%
2012 136B +35.87B +35.91%
2011 99.89B +40.18B +67.28%
2010 59.72B +44.9B +302.98%
2009 14.82B −14.27B −49.06%
2008 29.09B +8.54B +41.53%
2007 20.56B −18.95B −47.96%
2006 39.5B +11.29B +40.04%
2005 28.21B +12.67B +81.51%
2004 15.54B +3.67B +30.92%
2003 11.87B +5.35B +82.13%
2002 6.52B −2.22B −25.37%
2001 8.73B

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.