Trade openness — all countries

Trade openness — United Arab Emirates

Trade openness in the United Arab Emirates in 2023 — 199.04%. Ranked 8 in the world out of 176. Since 2001, the indicator has risen by 109.18 pp.

2023 199.04% +13.3 pp vs 2022
World rank 8of 176
Period maximum 199.04%2023
Period minimum 89.86%2001

Trend over time

2001–2023 · % of GDP

Trade openness — United Arab Emirates, 2001–202350100150200200120042007201020132016201920222001: 89.86%2002: 93.07%2003: 102.3%2004: 116.62%2005: 119.55%2006: 119.47%2007: 136.8%2008: 148.51%2009: 153.46%2010: 135.49%2011: 144.18%2012: 156.64%2013: 157.4%2014: 159.52%2015: 164.29%2016: 165.39%2017: 165.48%2018: 154.75%2019: 163.82%2020: 181.29%2021: 182.91%2022: 185.74%2023: 199.04%
Change over the period: +109.18 pp Annual average: 4.96 pp

Comparison, 2023

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

United Arab Emirates 199.04%
World 58.07%
Western Asia computed 84.24%
High-income countries computed 61.77%
Trade openness — United Arab Emirates, by year United Arab Emirates All countries CSV XLSX
Year % Change, pp
2023 199.04 +13.3 pp
2022 185.74 +2.83 pp
2021 182.91 +1.62 pp
2020 181.29 +17.47 pp
2019 163.82 +9.08 pp
2018 154.75 −10.73 pp
2017 165.48 +0.08 pp
2016 165.39 +1.11 pp
2015 164.29 +4.77 pp
2014 159.52 +2.12 pp
2013 157.4 +0.76 pp
2012 156.64 +12.46 pp
2011 144.18 +8.69 pp
2010 135.49 −17.98 pp
2009 153.46 +4.95 pp
2008 148.51 +11.72 pp
2007 136.8 +17.33 pp
2006 119.47 −0.08 pp
2005 119.55 +2.93 pp
2004 116.62 +14.32 pp
2003 102.3 +9.23 pp
2002 93.07 +3.21 pp
2001 89.86

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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