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United Arab Emirates-India Bilateral Trade Analysis 2023

Complete trade statistics: $69.47B total volume •United Arab Emirates surplus: $6.65B

United Arab Emirates → India

$38.06B

Exports (2023)

India → United Arab Emirates

$31.41B

Imports (2023)

Trade Balance

$6.65B

Surplus for United Arab Emirates

Total Trade

$69.47B

Combined Volume

Trade Flow Visualization

Direct trade relationship between United Arab Emirates and India. Green line shows exports from United Arab Emirates, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the United Arab Emirates-India commercial relationship and competitive positioning in global markets.

United Arab Emirates → India Exports

$38.06B

2023 Total

Export Market Intelligence

Product Diversity:

Highly Diversified

Market Share:

22.0% top product

1Oils: petroleum oils and oils obtained from bituminous minerals, crude

$8.36B

22.0% of exports

2Metals: gold, non-monetary, unwrought (but not powder)

$6.62B

17.4% of exports

3Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set

$6.47B

17.0% of exports

4Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas

$2.23B

5.9% of exports

5Petroleum gases and other gaseous hydrocarbons: liquefied, butanes

$1.79B

4.7% of exports

6Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils

$1.76B

4.6% of exports

7Petroleum gases and other gaseous hydrocarbons: liquefied, propane

$1.72B

4.5% of exports

8Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg

$1.18B

3.1% of exports

9Ethylene polymers: in primary forms, polyethylene having a specific gravity of 0.94 or more

$675.43M

1.8% of exports

10Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof

$572.50M

1.5% of exports

🎯 Strategic Export Focus

United Arab Emirates's export portfolio to India demonstrates strong diversification across multiple sectors, with oils: petroleum oils and oils obtained from bituminous minerals, crude representing a key competitive advantage in this bilateral market.

India → United Arab Emirates Imports

$31.41B

2023 Total

Import Dependency Profile

Supply Diversity:

Well Diversified

Critical Imports:

16.8% concentration

1Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof

$5.28B

16.8% of imports

2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils

$5.11B

16.3% of imports

3Telephones for cellular networks or for other wireless networks

$3.34B

10.6% of imports

4Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set

$1.75B

5.6% of imports

5Aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees Celsius by the ISO 3405 method (equivalent to the ASTM D 86 method)

$588.23M

1.9% of imports

6Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed

$462.04M

1.5% of imports

7Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc

$378.26M

1.2% of imports

8Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set

$346.95M

1.1% of imports

9Cruise ships, excursion boats and similar vessels, principally designed for the transport of persons, ferry boats of all kinds

$322.66M

1.0% of imports

10Vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks

$221.15M

0.7% of imports

📦 Import Strategy Analysis

United Arab Emirates's import pattern from India reveals strategic sourcingin jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

United Arab Emirates demonstrates competitive strength in exportingoils: petroleum oils and oils obtained from bituminous minerals, crude to India, leveraging comparative advantages.

Export Leader in 20+ Categories

🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced

📈

Growth Potential

The $69.47B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: United Arab Emirates-India Trade Relationship

Key Trade Highlights 2023

Total Trade Volume: $69.47 billionrepresenting a significant bilateral economic relationship
Trade Balance: United Arab Emirates maintains a surplus of $6.65 billion
Export Focus: United Arab Emirates's primary exports include oils: petroleum oils and oils obtained from bituminous minerals, crude, metals: gold, non-monetary, unwrought (but not powder), diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set
Import Dependencies: Key imports from India include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, telephones for cellular networks or for other wireless networks

Strategic Trade Indicators

Trade IntensityHigh

Export DiversificationDiversified

Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $69.47B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with United Arab Emirates leveraging its comparative advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

Comparative Advantage

United Arab Emirates's specialization in oils: petroleum oils and oils obtained from bituminous minerals, crudecomplements India's demand patterns, creating natural trade synergies.

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $69.47B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric

Seasonal VariationsModerate

Product ConcentrationLow

Market DependencyModerate

🔮

Trade Relationship Outlook

The $69.47B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $69.47 billion bilateral trade volume represents a major economic driverfor both economies.

Economic Significance: Very High

🏭

Industrial Integration

Trade flows in oils: petroleum oils and oils obtained from bituminous minerals, crude and jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified

⚖️

Trade Balance Effects

United Arab Emirates's trade surplus of $6.65 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors

Technology transfer and innovation cooperation in metals: gold, non-monetary, unwrought (but not powder) present expansion opportunities.

Market Diversification

Beyond current focus on jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities

Moderate concentration in key sectors requires monitoring

Market Competition

Global competition in oils: petroleum oils and oils obtained from bituminous minerals, crude may affect future market positioning.

🎯Strategic Recommendations

Strengthen cooperation in high-value sectors beyond current trade patterns
Develop alternative supply chains to reduce dependency risks
Explore joint ventures in emerging technology sectors
Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between United Arab Emirates and India represents a total trade volume of $69.47 billion in 2023. This partnership demonstrates a favorable trade balance for United Arab Emirates, with exports exceeding importsby $6.65 billion.

Export Strengths

United Arab Emirates's exports to India total $38.06 billion, with competitive advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude, representing $8.36B or22.0% of bilateral exports.

Import Dependencies

Imports from India amount to $31.41 billion, highlighting economic interdependence in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, with Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof comprising16.8% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates United Arab Emirates's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between United Arab Emirates and India in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023