๐ฆ๐ช United Arab Emirates exports of crude oil: 2024 trade data
In 2024, the United Arab Emirates exported crude oil worth $114.43 billion (311.35 million tonnes). It ranks 4th of 138 countries for exports of this product. Value rose 5% on 2023. Over 2017-2024 the trade grew strongly, by about 14% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of crude oil by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $114.43B | 311.35M t |
| 2023 | $109.17B | 389.61M t |
| 2022 | $125.32B | 168.10M t |
| 2021 | $74.47B | 140.42M t |
| 2020 | $48.21B | 140.03M t |
| 2019 | $69.55B | 123.09M t |
| 2018 | $65.37B | 119.16M t |
| 2017 | $44.96B | 112.23M t |
Where the United Arab Emirates exports crude oil to
The largest buyer markets were Japan (27%), China (19%), Thailand (13%). Among the main buyer markets, Pakistan grew fastest (+123% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐ฏ๐ต Japan | $31.45B | 28% |
| ๐จ๐ณ China | $22.07B | 19% |
| ๐น๐ญ Thailand | $14.75B | 13% |
| ๐ฎ๐ณ India | $13.45B | 12% |
| ๐ฐ๐ท South Korea | $11.90B | 10% |
| ๐ธ๐ฌ Singapore | $7.94B | 6.9% |
| ๐ฒ๐พ Malaysia | $3.00B | 2.6% |
| Taiwan | $2.38B | 2.1% |
| ๐ต๐ฐ Pakistan | $2.37B | 2.1% |
| ๐ต๐ญ Philippines | $1.22B | 1.1% |
Average export price of crude oil
The average declared value was about $0.37 per kg, 31% below the world average of $0.54, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Arab Emirates also imports crude oil
Imports of crude oil by the United Arab Emirates reached $471.8 million in 2024 (942.2 thousand tonnes). One supplier dominates: Australia accounted for 62% of the value. Among the main suppliers, Australia grew fastest (+628% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐ฆ๐บ Australia | $290.8M | 62% |
| ๐ง๐ท Brazil | $81.5M | 17% |
| ๐ช๐ฌ Egypt | $81.2M | 17% |
| ๐ฒ๐ฟ Mozambique | $18.4M | 3.9% |
| ๐บ๐ธ United States | $7K | 0% |
| ๐ช๐ธ Spain | $4K | 0% |
| ๐ซ๐ท France | $0K | 0% |
| ๐น๐ญ Thailand | $0K | 0% |
Who is behind these numbers in the United Arab Emirates?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Crude oil trade in the United Arab Emirates: questions
What is the value of crude oil imported by the United Arab Emirates?
The United Arab Emirates imported crude oil worth $471.8 million in 2024 (942.2 thousand tonnes).
Where does the United Arab Emirates import crude oil from?
The main supplier countries in 2024 were Australia (62%), Brazil (17%), Egypt (17%).
What is the average import price of crude oil in the United Arab Emirates?
The average declared import value was about $0.50 per kg in 2024, against a world average of $0.54 per kg.
Does the United Arab Emirates export crude oil?
Yes. The United Arab Emirates exported crude oil worth $114.43 billion in 2024, mainly to Japan, China, Thailand.
What is the HS code for crude oil?
Crude oil falls under HS heading 2709 (Petroleum oils and oils obtained from bituminous minerals; crude). The six-digit codes under it split the product by type.
How can I find the companies trading crude oil with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Crude oil trade in other countries
More trade data for the United Arab Emirates
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