Foreign Trade (As % of GDP) fell to 173% in United Arab Emirates in 2017

Foreign Trade (As % of GDP) (%)
Economy | United Arab Emirates | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 173 % in 2017 in United Arab Emirates, according to the National Statistical Office. This is 2.23 % less than in the previous year.

Historically, foreign trade as a share of GDP in United Arab Emirates reached an all time high of 177 % in 2016 and an all time low of 89.9 % in 2001. When compared to United Arab Emirates's main peers, foreign trade as a share of GDP in Bahrain amounted to 143 %, 101 % in Oman, 88.3 % in Qatar and 63.4 % in Saudi Arabia in 2017.

United Arab Emirates has been ranked 9th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 14 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bahrain % 174% 186% 192% 176% 154%
Iran % 43.2% 47.4% 50.3% 44.6% 39.0%
Iraq % 72.2% 73.5% 75.7% 78.3% 76.8%
Jordan % 122% 121% 114% 113% 98.1%
Kuwait % 99.1% 101% 97.6% 100% 98.7%
Oman % 116% 116% 128% 117% 110%
Qatar % 98.7% 106% 102% 99.0% 93.7%
Saudi Arabia % 85.5% 83.5% 82.7% 80.6% 72.1%
United Arab Emirates % 152% 165% 166% 168% 175%
Yemen % 63.1% 61.4% 52.5% 49.8% 35.6% ...