United Arab Emirates: Trade openness

* indicates monthly or quarterly data series
 United Arab Emirates

Trade openness: exports plus imports as percent of GDP

 Latest value 166.57
 Year 2020
 Measure percent
 Data availability 2001 - 2020
 Average 142.80
 Min - Max 89.86 - 172.80
 Source The World Bank
For that indicator, we provide data for the United Arab Emirates from 2001 to 2020. The average value for the United Arab Emirates during that period was 142.8 percent with a minimum of 89.86 percent in 2001 and a maximum of 172.8 percent in 2017. The latest value from 2020 is 166.57 percent. For comparison, the world average in 2020 based on 163 countries is 83.80 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
United Arab Emirates - Trade openness - Recent values chart

Historical chart
United Arab Emirates - Trade openness - historical chart - 2001-2020




Definition: Exports plus imports as percent of GDP.


 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
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