Introducing
Your new presentation assistant.
Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.
Trending searches
UAE Export And Import Products
4
UAE Imports and Exports Products
Export And Import
Indroduction
Export- Export refers to a product or service produced in one country but sold to a buyer abroad.Exports are one of the oldest forms of economic transfer and occur on a large scale between nations.Exports, along with imports, make up international trade.Exports are incredibly important to modern economies because they offer people and firms many more markets for their goods
Import- An import is a product or service produced abroad and purchased in your home country.Imported goods or services are attractive when domestic industries cannot produce similar goods and services cheaply or efficiently.
Imports and exports are the components of international trade.
Import and Export In UAE
Import and Export In UAE
The UAE is the largest exporting State among all the GCC States. The major products exported from UAE are electronics, precious metals and stones. It is the 29th largest export economy in the world and the 20th largest importer in the world. The top imports of UAE are gold, diamonds, jewellery and cars. Hence, exports and imports are integral to traders in UAE
Import Products Of UAE
Import Products
United Arab Emirates main imports are:
- pearls
- precious metals
- Cars
- Jewellery
- Diamonds
The imports of UAE are gold, diamonds, jewellery and cars. Main import partners are: India , China and United States
Car- United Arab Emirates imported $6.63B in Cars, becoming the 21st largest importer of Cars in the world. United Arab Emirates imports Cars primarily from: Japan, United States , Germany , United Kingdom
Dimamonds -United Arab Emirates imported $8.11B in Diamonds, becoming the 5th largest importer of Diamonds in the world. importing mostly from China , India , United States .
Export Products Of UAE
Export Products
The top exports of United Arab Emirates are
- Crude Petroleum ($42B),
- Gold ($28.8B),
- Refined Petroleum ($21.5B),
- Broadcasting Equipment ($14B),
- Diamonds ($7.69B),
exporting mostly to India ($22.1B), China ($19.2B), Saudi Arabia ($18B), Japan ($15.2B), and Iraq ($13.1B).
CRUDE PETROLEUM
Crude oil means a mixture of hydrocarbons that exists in liquid phase in natural underground reservoirs
In 2020, United Arab Emirates exported $42B in Crude Petroleum, making it the 6th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in United Arab Emirates. The main destination of Crude Petroleum exports from United Arab Emirates are: Japan ($12.1B), China ($8.6B), India ($6.34B), Thailand ($3.84B), and South Korea ($3.18B).
GOLD-A yellow metallic element that occurs naturally in pure form
UAE exported $28.8B in Gold, making it the 3rd largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in UAE. The main destination of Gold exports from UAE are: Switzerland , Turkey Italy , Hong Kong , and India
Refined petroleum - products are derived from crude oils through processes such as catalytic cracking and fractional distillation
UAE exported $21.5B in Refined Petroleum, making it the 8th largest exporter of Refined Petroleum in the world. At the same Refined Petroleum was the 3rd most exported product in UAE. The main destination of Refined Petroleum exports from UAE are: Iraq , Pakistan and South Korea
Broadcasting Equipment- Electrical machinery and equipment and parts
UAE exported in Broadcasting Equipment, making it the 5th largest exporter of Broadcasting Equipment in the world. At the same year, was the 4th most exported product in UAE. The main destination of Broadcasting Equipment exports from UAE are: Iraq China , Iran Saudi Arabia .
Dimamonds- UAE exported $7.69B in Diamonds, making it the 3rd largest exporter of Diamonds in the world. At the same Diamonds was the 5th most exported product in UAE. The main destination of Diamonds exports from UAE are India Belgium Hong Kong , United States.
How is this happening?
Refernce Link
Refernce Link
- https://oec.world/en/profile/bilateral-product/cars/reporter/are
- https://tradingeconomics.com/united-arab-emirates/imports#:~:text=United%20Arab%20Emirates%20main%20imports,related%20products%20(6%20percent).
- https://oec.world/en/profile/country/are
- https://www.eia.gov/energyexplained/oil-and-petroleum-products/