Foreign trade as a share of GDP rose 7.09% to 202% in United Arab Emirates in 2023, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in United Arab Emirates reached an all time high of 202% in 2023 and an all time low of 89.9% in 2001.
United Arab Emirates has been ranked 7th within the group of 157 countries we follow in terms of foreign trade as a share of GDP, 5 places above the position seen 10 years ago.
Foreign Trade (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Bahrain | % | 144% | 135% | 135% | 154% | 167% | ... | |||||||||||||||
Iran | % | 58.6% | 50.8% | 43.8% | 44.4% | 51.6% | ||||||||||||||||
Iraq | % | 65.8% | 69.0% | 57.7% | 61.5% | 68.8% | ||||||||||||||||
Jordan | % | 87.6% | 85.7% | 66.1% | 80.3% | 104% | ||||||||||||||||
Kuwait | % | 103% | 91.7% | 82.0% | 82.0% | 90.9% | ... | ... | ||||||||||||||
Oman | % | 89.3% | 86.5% | 91.9% | 95.9% | 106% | ... | |||||||||||||||
Qatar | % | 91.8% | 90.0% | 90.0% | 92.8% | 100% | ... | ... | ||||||||||||||
Saudi Arabia | % | 59.1% | 56.8% | 47.5% | 50.9% | 56.8% | ||||||||||||||||
United Arab Emirates | % | 160% | 170% | 185% | 186% | 189% | ... | |||||||||||||||
Yemen | % | 56.1% | 55.0% | 50.9% | ... | ... | ... | ... |