2022
Exports
$12.8MWorld Rnk 38 / 159
Flag Rnk 631 / 1208
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$47.4MWorld Rnk 33 / 209
Flag Rnk 486 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $12.8M in Electric Furnaces, making it the 38th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 631st most exported product in United Arab Emirates. The main destination of Electric Furnaces exports from United Arab Emirates are: Oman ($3.85M), Germany ($1.96M), Italy ($1.58M), Saudi Arabia ($725k), and Zambia ($482k).

The fastest growing export markets for Electric Furnaces of United Arab Emirates between 2021 and 2022 were Oman ($2.23M), Italy ($1.41M), and Germany ($939k).

Imports In 2022, United Arab Emirates imported $47.4M in Electric Furnaces, becoming the 33rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 486th most imported product in United Arab Emirates. United Arab Emirates imports Electric Furnaces primarily from: India ($10.3M), Italy ($10M), Germany ($7.46M), China ($5.88M), and United States ($3.52M).

The fastest growing import markets in Electric Furnaces for United Arab Emirates between 2021 and 2022 were Italy ($4.18M), Germany ($4.07M), and United Kingdom ($720k).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.8M
IMPORTS (2022)$47.4M
NET TRADE (2022)-$34.6M

In 2022, United Arab Emirates exported $12.8M in Electric Furnaces. The main destinations of United Arab Emirates exports on Electric Furnaces were Oman ($3.85M), Germany ($1.96M), Italy ($1.58M), Saudi Arabia ($725k), and Zambia ($482k).

In 2022, United Arab Emirates imported $47.4M in Electric Furnaces, mainly from India ($10.3M), Italy ($10M), Germany ($7.46M), China ($5.88M), and United States ($3.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Oman$2.23M (138%)
Italy$1.41M (821%)
Germany$939k (92.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY United Arab Emirates WERE (2021 - 2022):
Iran-$10.9M (-99.1%)
Zambia-$1.02M (-67.9%)
Egypt-$938k (-97.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, United Arab Emirates's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

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