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Pricing

2022
Flag → Flag
Exports $3.42BRnk 16 / 213
2022
Flag → Flag
Top Product $847MAluminium Oxide
2022
Flag → Flag
Exports $1.34BRnk 46 / 219
2022
Flag → Flag
Top Product $317MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Australia-United Arab Emirates Trade: In 2022, Australia exported $3.42B to United Arab Emirates. The main products that Australia exported to United Arab Emirates were Aluminium Oxide ($847M), Rapeseed ($676M), and Sheep and Goat Meat ($169M). Over the past 5 years the exports of Australia to United Arab Emirates have increased at an annualized rate of 7.58%, from $2.37B in 2017 to $3.42B in 2022.

In 2022, Australia did not export any services to United Arab Emirates.

United Arab Emirates-Australia Trade: In 2022, United Arab Emirates exported $1.34B to Australia. The main products that United Arab Emirates exported to Australia were Nitrogenous Fertilizers ($317M), Crude Petroleum ($217M), and Copper Wire ($129M). Over the past 5 years the exports of United Arab Emirates to Australia have decreased at an annualized rate of 3.42%,  from $1.59B in 2017 to $1.34B in 2022.

In 2022, United Arab Emirates did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $3.42B to United Arab Emirates. The main products exported from Australia to United Arab Emirates were Aluminium Oxide ($847M), Rapeseed ($676M), and Sheep and Goat Meat ($169M). During the last 5 years the exports of Australia to United Arab Emirates have increased at an annualized rate of 7.58%, from $2.37B in 2017 to $3.42B in 2022.

In 2017, United Arab Emirates exported $1.34B to Australia. The main products exported from United Arab Emirates to Australia were Nitrogenous Fertilizers ($317M), Crude Petroleum ($217M), and Copper Wire ($129M). During the last 5 years the exports of United Arab Emirates to Australia have decreased at an annualized rate of 3.42%, from $1.59B in 2022 to $1.34B in 2017.

Exports from Australia (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and United Arab Emirates (Flag)

Australia Exports

United Arab Emirates Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
United Arab Emirates
Top DestinationIndia$51B

This map shows whether countries import more from Australia or United Arab Emirates. Each country is colored based on the difference in imports they receive from Australia and United Arab Emirates or the difference in the growth in imports.

In 2022, countries that imported more from Australia than United Arab Emirates included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from United Arab Emirates than Australia included Saudi Arabia ($27.8B), Iraq ($21.2B), and India ($51B).

Difference in imports from United Arab Emirates (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - United Arab Emirates

Flow
Scale

This chart compares trade between Australia and United Arab Emirates by product, considering products traded by both, Australia and United Arab Emirates.

During 2022, Australia had a large net trade with United Arab Emirates in the exports of Vegetable Products ($1.06B), Chemical Products ($909M), and Animal Products ($462M).

During 2017, United Arab Emirates had a large net trade with Australia in the exports of Chemical Products ($336M), Mineral Products ($282M), and Metals ($213M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia United Arab Emirates+$174MGold
Top Product Potential United Arab Emirates Australia+$125MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and United Arab Emirates. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and United Arab Emirates (Flag) (2022)

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