
United Arab Emirates: Imports, billion dollars
* indicates monthly or quarterly data series
United Arab Emirates |
Imports of goods and services, billion USD |
---|---|
Latest value | 481.85 |
Year | 2023 |
Measure | billion U.S. dollars |
Data availability | 2001 - 2023 |
Average | 223.26 |
Min - Max | 42.05 - 481.85 |
Source | The World Bank |
The latest value from 2023 is 481.85 billion U.S. dollars, an increase from 427.99 billion U.S. dollars in 2022. In comparison, the world average is 189.99 billion U.S. dollars, based on data from 154 countries. Historically, the average for the United Arab Emirates from 2001 to 2023 is 223.26 billion U.S. dollars. The minimum value, 42.05 billion U.S. dollars, was reached in 2001 while the maximum of 481.85 billion U.S. dollars was recorded in 2023.
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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 | 202.33 | 2023 | percent |
Financial openness | 2.299 | 2021 | index points |
Exports, percent of GDP | 108.61 | 2023 | percent |
Exports, billion dollars | 558.40 | 2023 | billion U.S. dollars |
Growth of exports | -7.02 | 2020 | percent |
Imports, percent of GDP | 70.65 | 2020 | percent |
Imports, billion dollars | 481.85 | 2023 | billion U.S. dollars |
Foreign Direct Investment, percent of GDP | 6.09 | 2023 | percent |
Foreign Direct Investment, billion dollars | 22.33 | 2023 | 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 | 840.17 | 11/2024 | billion |