2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

India-United Arab Emirates Trade: In 2022, India exported $31.6B to United Arab Emirates. The main products that India exported to United Arab Emirates were Refined Petroleum ($7.98B), Jewellery ($3.19B), and Diamonds ($2.51B). Over the past 5 years the exports of India to United Arab Emirates have increased at an annualized rate of 0.8%, from $30.3B in 2017 to $31.6B in 2022.

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

United Arab Emirates-India Trade: In 2022, United Arab Emirates exported $51B to India. The main products that United Arab Emirates exported to India were Crude Petroleum ($14.8B), Diamonds ($9.94B), and Petroleum Gas ($6.61B). Over the past 5 years the exports of United Arab Emirates to India have increased at an annualized rate of 14.1%,  from $23.1B in 2017 to $51B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). 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, India exported $31.6B to United Arab Emirates. The main products exported from India to United Arab Emirates were Refined Petroleum ($7.98B), Jewellery ($3.19B), and Diamonds ($2.51B). During the last 5 years the exports of India to United Arab Emirates have increased at an annualized rate of 0.8%, from $30.3B in 2017 to $31.6B in 2022.

In 2017, United Arab Emirates exported $51B to India. The main products exported from United Arab Emirates to India were Crude Petroleum ($14.8B), Diamonds ($9.94B), and Petroleum Gas ($6.61B). During the last 5 years the exports of United Arab Emirates to India have increased at an annualized rate of 14.1%, from $23.1B in 2022 to $51B in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from India than United Arab Emirates included United States ($82.9B), Netherlands ($17.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from United Arab Emirates than India included Japan ($40.9B), Iraq ($21.2B), and Saudi Arabia ($27.8B).

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

Comparative Advantage India - United Arab Emirates

Flow
Scale

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

During 2022, India had a large net trade with United Arab Emirates in the exports of Mineral Products ($8.88B), Precious Metals ($6.06B), and Machines ($4.47B).

During 2017, United Arab Emirates had a large net trade with India in the exports of Mineral Products ($26.2B), Precious Metals ($15B), and Metals ($2.8B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India United Arab Emirates+$206MDiamonds
Top Product Potential United Arab Emirates India+$1.78BCrude 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 India and United Arab Emirates. This means that a dot/product with the flag of India 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 India.

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

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