United Arab Emirates

United Arab Emirates

UNITED ARAB EMIRATES GENERAL INFORMATION: Member Trade Bloc: OPEC, GCC, OIC Location: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia Capital: Abu Dhabi Area: 83,600 sq km Official language: Arabic Population: 9.3 million (2015) Port & Harbors: Al Hamriya Port, Dubai Chinatown, Dubai Creek, Dubai Flower Centre, Dubai Gold and Diamond Park, Dubai Textile Village, Hamriyah Port, Jebel Ali, Khalifa Port, Khor Fakkan, Musaffah Port, Port of Jebel Ali, Port Rashid, Port Saeed, Western Region Ports, Zayed Port KEY ECONOMIC INDICATORS 2013 2014 2015 2016 GDP (US$ billion) 387.2 399.5 339.1 375.0 GDP per capita (US$) 42,874.6 42,943.8 35,392.2 38,050.2 Real GDP growth (% Change YoY) 4.3 4.6 3.0 2.3 Exports of Goods & Services (% of GDP) 90 98 97.3 97.3 Inflation(% change YOY) 1.1 2.3 3.7 3.6 Unemployment rate (%) 4.1 4.0 3.7 3.5 Total Exports (US$ billion) 379.4 380.3 159.1 - Total Imports (US$ billion) 294.9 298.6 227.2 - GDP – COMPOSITION: Agriculture: 0.7%, Industry: 55.1%, Services: 44.2% MAJOR INDUSTRIES: petroleum and petrochemicals; fishing, aluminum, cement, fertilizers, commercial ship repair, construction materials, handicrafts, textiles MAJOR TRADING PARTNERS OF UAE (2015) Direction of UAE’s Principal Exports to: Direction of UAE’s Principal Imports from: 1. Japan 14.8% 1. China 15.7% 2. Iran 11.4% 2. India 13.4% 3. India 9.6% 3. U.S. 8.9% 4. South Korea 5.7% 4. Germany 5.3% Pakistan 3.6% Pakistan 0.4% MAIN ITEMS OF EXPORT: crude oil 45%, natural gas, re-exports, dried fish, dates MAIN ITEMS OF IMPORT: machinery and transport equipment, chemicals, food TRADE BETWEEN PAKISTAN & UAE (MILLION US$) BALANCE OF TOTAL EXPORT OF % SHARE IN TOTAL IMPORTS % SHARE IN YEAR EXPORTS IMPORTS TRADE PAKISTAN TOTAL EXP. OF PAKISTAN TOTAL IMPORTS 2012 2,872.9 7,210.8 -4337.9 24,613.7 11.7 43,813.3 16.5 2013 1,775.1 7,751.5 -5976.4 25,120.9 7.1 43,775.2 17.7 2014 1,324.1 7,077.2 -5753.1 24,722.2 5.4 47,544.9 14.9 2015 899.0 5,734.7 -4835.7 22,089.0 4.1 43,989.7 13.0 MAJOR ITEMS OF EXPORTS FROM PAKISTAN TO UNITED ARAB EMIRATES MAJOR ITEMS OF IMPORTS IN PAKISTAN FROM UNITED ARAB EMIRATES Million US$ Specific Commodity Description 2012 2013 2014 2015 Specific Commodity Description 2012 2013 2014 2015 Mineral fuels, mineral oils and products of Cereals 190.1 190.2 208.1 135.1 their distillation; bituminous substances; 6436.9 6588.4 6270.3 4646.3 mineral Other made-up textile articles; sets; worn 103.2 94.2 95.8 82.3 Plastics and articles thereof 107.2 84.3 112.1 202.9 clothing and worn textile articles; rags Electrical machinery and equipment and Meat and edible meat offal 53.2 52.1 47.6 79.8 parts thereof; sound recorders and 49.0 36.7 70.9 156.1 reproducers, television Articles of apparel and clothing accessories, 40.8 39.8 52.9 61.8 Iron and steel 87.3 114.9 127.0 148.2 not knitted or crocheted Articles of apparel and clothing accessories, Machinery, mechanical appliances, boilers; 48.5 33.9 49.4 48.3 84.4 117.5 98.1 118.1 knitted or crocheted parts thereof % of Total Exports 15 23 34 45 % of Total Imports 94 90 94 92 Prepared by: R&D Department FPCCI Source: International Trade Statistics (ITC) .

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