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2018
Exports $1.93MWorld Rnk 29 / 105
Flag Rnk 931 / 1208
2018
Destination $970k Oman
2021 - 2022
FASTEST GROWING MARKET $970kOman
2022
PRODUCT COMPLEXITY IN Peat-0.028Rnk 554 / 1025
2018
Imports $5.5MWorld Rnk 45 / 195
Flag Rnk 905 / 1213
2018
Origin $468k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $468kLatvia
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2018, United Arab Emirates exported $1.93M in Peat, making it the 29th largest exporter of Peat in the world. At the same year, Peat was the 931st most exported product in United Arab Emirates. The main destination of Peat exports from United Arab Emirates are: Oman ($1.71M), Bahrain ($84.8k), Latvia ($81.6k), Azerbaijan ($17.1k), and Zimbabwe ($13.7k).

The fastest growing export markets for Peat of United Arab Emirates between 2021 and 2022 were Oman ($970k), Bahrain ($84.8k), and Latvia ($81.6k).

Imports In 2022, United Arab Emirates imported $5.5M in Peat, becoming the 45th largest importer of Peat in the world. At the same year, Peat was the 905th most imported product in United Arab Emirates. United Arab Emirates imports Peat primarily from: Netherlands ($2.3M), Estonia ($1.44M), Latvia ($943k), Lithuania ($308k), and Germany ($262k).

The fastest growing import markets in Peat for United Arab Emirates between 2021 and 2022 were Latvia ($468k), Estonia ($230k), and United Kingdom ($97.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Peat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.93M
IMPORTS (2022)$5.5M
NET TRADE (2022)-$3.57M

In 2022, United Arab Emirates exported $1.93M in Peat. The main destinations of United Arab Emirates exports on Peat were Oman ($1.71M), Bahrain ($84.8k), Latvia ($81.6k), Azerbaijan ($17.1k), and Zimbabwe ($13.7k).

In 2022, United Arab Emirates imported $5.5M in Peat, mainly from Netherlands ($2.3M), Estonia ($1.44M), Latvia ($943k), Lithuania ($308k), and Germany ($262k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Oman$970k (131%)
Bahrain$84.8k (1%)
Latvia$81.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY United Arab Emirates WERE (2021 - 2022):
Iran-$42.2k (-100%)
Iraq-$35.8k (-99.7%)
Israel-$34.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Peat were:
Canada $527M
Latvia $324M
Netherlands $190M
In 2022, United Arab Emirates's main importing competitors in Peat were:
United States $533M
Netherlands $143M
China $113M

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $18.9k
TOP IMPORT POTENTIALGermany+ $156k

Peat’s highest export potential is United States. With an export gap of $18.9k.   Peat’s highest import potential is Germany with an import gap of $156k.

See methodology.

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