United Arab Emirates: Terms of trade

* indicates monthly or quarterly data series
 United Arab Emirates

Terms of trade, base year = 2000

 Latest value 117.37
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average 97.18
 Min - Max 60.98 - 119.68
 Source The United Nations
For that indicator, we provide data for the United Arab Emirates from 2000 to 2021. The average value for the United Arab Emirates during that period was 97.18 percent with a minimum of 60.98 percent in 2002 and a maximum of 119.68 percent in 2013. The latest value from 2021 is 117.37 percent. For comparison, the world average in 2021 based on 189 countries is 109.62 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
United Arab Emirates - Terms of trade - Recent values chart

Historical chart
United Arab Emirates - Terms of trade - historical chart - 2000-2021




The terms of trade for the United Arab Emirates are calculated as the value of its exports as percent of the value of its imports. An increase in the terms of trade means that the value of exports is increasing relative to the value of imports. The country can afford to buy more imports with the revenue from its exports. For example, an increase in the price of oil increases (improves) the terms of trade for the oil-exporting countries and lowers it for the other countries.
Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.


 Related indicators Latest value Reference Measure
 Terms of trade 117.37 2021 percent
 Trade openness 166.57 2020 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 95.93 2020 percent
 Exports, billion dollars 335.24 2020 billion U.S. dollars
 Growth of exports -7.02 2020 percent
 Imports, percent of GDP 70.65 2020 percent
 Imports, billion dollars 246.89 2020 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.48 2022 percent
 Foreign Direct Investment, billion dollars 22.74 2022 billion U.S. dollars
 Current account, percent of GDP 11.55 2021 percent
 Trade balance, percent of GDP 25.28 2020 percent
 Reserves 138.43 2022 billion U.S. dollars
 Foreign exchange reserves 598.35 9/2023 billion
This site uses cookies.
Learn more here


OK