Chemicals Products - Monthly Trend
Source - Dubai Custom
Sector Overview - Chemicals Products
The global chemical products trade (export + import) has raised to USD 1388.07 billion in 2021 increase of 28.5% compared to 2020 which was USD 1080.38 billion. The chemical products trade represented 3.14% of total global trade.
Dubai chemical products trade was 18.16 billion in 2021, increased of 13.45% compared to 16.01 billion in 2020. chemical products trade represented 1.20% of the total Dubai trade. Dubai's chemical products trade represented 1.31% of the total global chemical products trade.
Dubai chemical products exports were AED 2.72 billion in 2021 which accounts for 1.21% of Dubai export. The top exported products were: Paints and varnishes; based on polymers (HS Code: 320890), Colouring matter; other preparations (HS Code: 320649) and Fluorides; of aluminium (HS Code: 282612). The top export destinations were: Sultanate of Oman, India, Iraq, Egypt, and Kuwait.
Dubai chemical products imports were AED 13.08 billion in 2021 which accounted for 1.51% of the total Dubai imports. The top import products were: Aluminium oxide; other than artificial corundum (HS Code: 281820), Reagents; diagnostic or laboratory reagents on a backing and prepared diagnostic (HS Code: 382200) and Lubricating oil additives; containing petroleum oils (HS Code: 381121). The top import origins were: China, Australia, India, USA, and Germany.
Dubai chemical products re-exports were AED 2.36 billion in 2021 which accounted for 0.56% of the total Dubai re-export. The top re-export products: Reagents; diagnostic or laboratory reagents on a backing and prepared diagnostic (HS Code: 382200), lubricating oil additives; containing petroleum oils (HS Code: 381121) and Chemical products, mixtures and preparations (HS Code: 382499). The top re-export destinations were: Iran, Saudi Arabia, Pakistan, Sultanate of Oman, and India.
The Chemicals Products sector contains Sections No. (28-31-32-35-36-37-38).
Source - Dubai Custom
Sector Competitive Landscape
Source - Dubai Custom - UN Comtrade
Note : Forecast from 2021 based on trade predictions by WTO and UNCTAD
Source: Dubai Customs - KCORP