Balance of Trade In Goods and Services (Local Currency) rose 18.6% to AED 393 bil in United Arab Emirates in 2017

Balance of Trade In Goods and Services (Local Currency) (AED bil)
Economy | United Arab Emirates | February 1, 2019
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Balance of trade in goods and services reached 393 AED bil in 2017 in United Arab Emirates, according to the National Statistical Office. This is 18.6 % more than in the previous year.

Historically, balance of trade in goods and services in United Arab Emirates reached an all time high of 512 AED bil in 2013 and an all time low of 23.9 AED bil in 2002. When compared to United Arab Emirates's main peers, balance of trade in goods and services in Bahrain amounted to 1.07 BHD bil, 0.769 OMR bil in Oman, 83.8 QAR bil in Qatar and 162 SAR bil in Saudi Arabia in 2017.

United Arab Emirates has been ranked 20th within the group of 163 countries we follow in terms of balance of trade in goods and services, 10 places above the position seen 10 years ago.

The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).

Balance of Trade In Goods and Services (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bahrain BHD bil 2.67 2.13 2.17 2.08 1.26
Iran IQD bil 516,479 64,952 340,965 193,183 53,586
Iraq IRR bil 36,215 39,020 10,028 12,010 -12,593
Jordan JOD bil -5.37 -6.15 -7.06 -6.72 -6.10
Kuwait KWD bil 20.1 23.6 21.8 17.1 3.04
Oman OMR bil 7.81 7.85 6.75 7.23 0.884
Qatar QAR bil 284 321 311 277 120
Saudi Arabia SAR bil 668 691 592 372 -133
United Arab Emirates AED bil 358 488 512 447 349
Yemen YER bil -166 -883 -677 -638 -1,030 ...