Country intelligence · ARE · 2024

United Arab Emirates trade profile

In 2024, United Arab Emirates recorded $401.2B in merchandise exports and $379.9B in imports, producing a $21.3B trade surplus. Exports changed -10.4% from the previous year, while imports changed +7.1%.[1]

Exports

$401.2B

-10.4%

Imports

$379.9B

+7.1%

Trade balance

$21.3B

surplus

Active partners

270

16 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$401.2B$379.9B$21.3B-10.4%
2023$447.7B$354.9B$92.9B+1.6%
2022$440.8B$339.2B$101.6B+27.9%
2021$344.7B$281.3B$63.4B+33.5%
2020$258.1B$202.3B$55.8B-13.4%
2019$298.1B$242.0B$56.1B+9.5%
2018$272.3B$213.4B$59.0B+4.3%
2017$261.0B$229.3B$31.7B+3.4%
2016$252.5B$243.3B$9.2B-7.0%
2015$271.4B$255.0B$16.4B-13.4%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

43 active HS6 lines · 179 export partners

$150.3B
2

HS 71 · Precious metals and stones

51 active HS6 lines · 159 export partners

$100.0B
3

HS 84 · Machinery

515 active HS6 lines · 191 export partners

$30.8B
4

HS 85 · Electrical machinery

262 active HS6 lines · 193 export partners

$24.2B
5

HS 87 · Vehicles

87 active HS6 lines · 191 export partners

$11.4B
6

HS 76 · HS chapter

35 active HS6 lines · 173 export partners

$7.5B
7

HS 39 · HS chapter

129 active HS6 lines · 189 export partners

$7.4B
8

HS 24 · HS chapter

10 active HS6 lines · 152 export partners

$5.8B

Leading export markets

Destinations rank bilateral export flows from United Arab Emirates; growth describes each corridor rather than the whole economy.

1

India

Annual change +21.3% · 3-year CAGR -1.2%

$47.7B
2

Iraq

Annual change +45.3% · 3-year CAGR 32.3%

$33.0B
3

Japan

Annual change -35.6% · 3-year CAGR -5.2%

$31.2B
4

China

Annual change -39.4% · 3-year CAGR -9.0%

$28.4B
5

Saudi Arabia

Annual change -1.3% · 3-year CAGR 5.8%

$19.4B
6

Hong Kong

Annual change +27.3% · 3-year CAGR 21.0%

$17.6B
7

South Korea

Annual change -22.9% · 3-year CAGR 22.8%

$16.0B
8

Thailand

Annual change -31.7% · 3-year CAGR 5.8%

$14.5B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.