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United Arab Emirates Trade (% GDP)

The United Arab Emirates' trade (% GDP) rose to 202.33% in 2023, up from 188.95% in 2022, according to World Bank. This represents an increase of 13.38% from the previous year. The United Arab Emirates has the 9th highest trade (% GDP). Within Asia, it ranks 3rd out of 45 countries.

Yearly Historical Data (2001-2023)

(in %)
Year Trade (% GDP)
2023 202.33%
2022 188.95%
2021 186.11%
2020 185.28%
2019 170.07%
2018 159.64%
2017 170.92%
2016 170.98%
2015 169.48%
2014 163.69%
2013 161.1%
2012 159.97%
2011 147.39%
2010 138.89%
2009 153.46%
2008 148.51%
2007 136.8%
2006 119.47%
2005 119.55%
2004 116.62%
2003 102.3%
2002 93.07%
2001 89.86%
United Arab Emirates Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for United Arab Emirates divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $570.25B $515.62B 2023
Annual Imports $470.54B $420.49B 2023
Balance of Trade AED 290.3B AED 221.6B Dec'21
Exports (% GDP) 108.61% 103.81% 2023
FDI Inflows (% GDP) 5.97% 4.52% 2023
Imports AED 1.2T AED 1.4T Dec'24
Imports (% GDP) 93.72% 85.13% 2023
Tariff Rate 4.11% 4.19% 2021