United Arab Emirates: Imports, billion dollars
* indicates monthly or quarterly data series
United Arab Emirates |
Imports of goods and services, billion USD |
---|---|
Latest value | 246.89 |
Year | 2020 |
Measure | billion U.S. dollars |
Data availability | 2001 - 2020 |
Average | 191.10 |
Min - Max | 42.05 - 295.60 |
Source | The World Bank |
The latest value from 2020 is 246.89 billion U.S. dollars, a decline from 295.6 billion U.S. dollars in 2019. In comparison, the world average is 125.99 billion U.S. dollars, based on data from 169 countries. Historically, the average for the United Arab Emirates from 2001 to 2020 is 191.1 billion U.S. dollars. The minimum value, 42.05 billion U.S. dollars, was reached in 2001 while the maximum of 295.6 billion U.S. dollars was recorded in 2019.
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* indicates monthly or quarterly data series
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Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
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Related indicators | Latest | 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 | 6.09 | 2023 | percent |
Foreign Direct Investment, billion dollars | 22.74 | 2022 | billion U.S. dollars |
Current account, percent of GDP | 10.67 | 2023 | percent |
Trade balance, percent of GDP | 25.28 | 2020 | percent |
Reserves | 189.49 | 2023 | billion U.S. dollars |
Foreign exchange reserves | 781.33 | 5/2024 | billion |