In 2021, the value of the Gulf Cooperation Council (GCC) trade balance with China reached 32.3 billion U.S. dollars. Meanwhile, the trade exchange between the two countries was 228.9 billion U.S. dollars.

In 2021, Saudi Arabia had the highest share of imports from China in its total merchandise import value among Gulf Cooperation Council (GCC) member countries, reaching an import share from China of approximately **** percent. Primary import products of GCC countries from China were machines, electrical equipment, and vehicles.

In 2021, the Gulf Cooperation Council (GCC) exports to China represented 19.5 percent of the GCC's total exports in 2021. The value of GCC exports to China in 2021 was 130.6 billion U.S. dollars.

United Arab Emirates Imports from China was US$77.42 Billion during 2023, according to the United Nations COMTRADE database on international trade. United Arab Emirates Imports from China - data, historical chart and statistics - was last updated on July of 2025.

In 2021, Oman had the highest share of exports to China in its total merchandise export value among Gulf Cooperation Council (GCC) member countries, reaching an export share to China of approximately ** percent. Primary export products of GCC countries to China were crude oil and oil products.

Explore a comprehensive dataset detailing the list of products exported by GCC countries . Find information on commodities such as cocoa, apparel, pearls, vehicles, plastics, and more. Discover valuable insights into the export activities of Bahrain, China, India, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

Cocoa and cocoa preparations, Articles of apparel and clothing accessories, knitted or crocheted, Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad ..., Vehicles other than railway or tramway rolling stock, and parts and accessories thereof, Plastics and articles thereof, Raw hides and skins (other than furskins) and leather, Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles ..., All products, Railway or tramway locomotives, rolling stock and parts thereof; railway or tramway track fixtures ..., Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery, Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal ..., Paper and paperboard; articles of paper pulp, of paper or of paperboard, Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof, Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; ..., Other base metals; cermets; articles thereof, Lead and articles thereof, Toys, games and sports requisites; parts and accessories thereof, Wool, fine or coarse animal hair; horsehair yarn and woven fabric, Cork and articles of cork, Essential oils and resinoids; perfumery, cosmetic or toilet preparations, Tobacco and manufactured tobacco substitutes, Preparations of vegetables, fruit, nuts or other parts of plants, Live animals, Works of art, collectors' pieces and antiques, Beverages, spirits and vinegar, Ores, slag and ash, Miscellaneous edible preparations, Clocks and watches and parts thereof, Glass and glassware, Zinc and articles thereof, Headgear and parts thereof, Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage, Man-made staple fibres, 'TOTAL, Silk, Nickel and articles thereof, Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, ..., Edible vegetables and certain roots and tubers, Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal, Lac; gums, resins and other vegetable saps and extracts, Products of the milling industry; malt; starches; inulin; wheat gluten, Fish and crustaceans, molluscs and other aquatic invertebrates, Albuminoidal substances; modified starches; glues; enzymes, Aircraft, spacecraft, and parts thereof, Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical ..., Umbrellas, sun umbrellas, walking sticks, seat-sticks, whips, riding-crops and parts thereof, Articles of iron or steel, Wood and articles of wood; wood charcoal, Rubber and articles thereof, Cotton, Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations, Iron and steel, Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral ..., Copper and articles thereof, Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial ..., Commodities not elsewhere specified, Ships, boats and floating structures, Other made-up textile articles; sets; worn clothing and worn textile articles; rags, Tin and articles thereof, Organic chemicals, Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles ..., Carpets and other textile floor coverings, Fertilisers, Sugars and sugar confectionery, Edible fruit and nuts; peel of citrus fruit or melons, Miscellaneous chemical products, Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork, Furskins and artificial fur; manufactures thereof, Printed books, newspapers, pictures and other products of the printing industry; manuscripts, ..., Meat and edible meat offal, Aluminium and articles thereof, Products of animal origin, not elsewhere specified or included, Pharmaceutical products, Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television, Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates, Preparations of cereals, flour, starch or milk; pastrycooks' products, Photographic or cinematographic goods, Coffee, tea, spices, Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable, Knitted or crocheted fabrics, Miscellaneous manufactured articles, Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere, Footwear, gaiters and the like; parts of such articles, Arms and ammunition; parts and accessories thereof, Articles of stone, plaster, cement, asbestos, mica or similar materials, Cereals, Man-made filaments; strip and the like of man-made textile materials, Musical instruments; parts and accessories of such articles, China, Salt; sulphur; earths and stone; plastering materials, lime and cement, Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper, Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn, Residues and waste from the food industries; prepared animal fodder, Ceramic products, Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring, Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof, Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal, Vegetable plaiting materials; vegetable products not elsewhere specified or included, Miscellaneous articles of base metal, Articles of apparel and clothing accessories, not knitted or crocheted, Exports, Exporters, Commodity

Bahrain, China, India, Kuwait, Oman, Qatar, Saudi Arabia, United Arab EmiratesFollow data.kapsarc.org for timely data to advance energy economics research..

Bahrain Sources: ITC calculations based on UN COMTRADE statistics since January, 2020.

       ITC

calculations based on Central Informatics Organisation (CIO) statistics since January, 2015 and until January, 2020.

       ITC

calculations based on UN COMTRADE statistics until January, 2015.

China Sources: ITC calculations based on General Customs Administration of China statistics since January, 2015.

       ITC

calculations based on UN COMTRADE statistics until January, 2015.

India Sources: ITC calculations based on UN COMTRADE statistics since January, 2019.

       ITC

calculations based on Directorate General of Commercial Intelligence & Statistics statistics since January, 2015 and until January, 2019.

       ITC

calculations based on UN COMTRADE statistics until January, 2015.

Qatar Sources: ITC calculations based on UN COMTRADE statistics since January, 2016.

       ITC

calculations based on Ministry of Development Planning and Statistics statistics since January, 2009 and until January, 2016.

       ITC

calculations based on UN COMTRADE statistics until January, 2009.

Saudi Arabia Sources: ITC calculations based on Central Department Of Statistics & Information statistics since January, 2019.

       ITC

calculations based on UN COMTRADE statistics since January, 2018 and until January, 2019.

       ITC

calculations based on Central Department Of Statistics & Information statistics since January, 2015 and until January, 2018.

       ITC

calculations based on UN COMTRADE statistics until January, 2015.

Kuwait Sources: ITC calculations based on UN COMTRADE statistics since January, 2018.

       ITC

calculations based on Central Statistical Bureau statistics since January, 2012 and until January, 2018.

       ITC

calculations based on UN COMTRADE statistics since January, 2010 and until January, 2012.

       ITC

calculations based on Central Statistical Bureau statistics since January, 2009 and until January, 2010.

       ITC

calculations based on UN COMTRADE statistics until January, 2009.

United Arab Emirates Sources: ITC calculations based on Federal Competitiveness and Statistics Authority statistics since January, 2017.

       ITC

calculations based on UN COMTRADE statistics until January, 2017.

Oman Sources: ITC calculations based on UN COMTRADE statistics since January, 2016.

       ITC

calculations based on Public Authority for Investment Promotion and Export Development (Ithraa) statistics since January, 2015 and until January, 2016.

       ITC

calculations based on UN COMTRADE statistics until January, 2015.

In 2021, mineral fuels, oils, and waxes were the top exports from the Gulf Cooperation Council (GCC) to China with a value of 108.8 billion U.S. dollars. The value of the GCC exports to China reached 130.6 billion U.S. dollars in 2021.

China Exports to United Arab Emirates was US$65.59 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to United Arab Emirates - data, historical chart and statistics - was last updated on July of 2025.

271 Global export shipment records of Uae with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

About the Project The objective of this project is to assess potential economic and technical gains that could be realized by utilizing the GCC Interconnector to deliver electricity at least-cost across the GCC. Summary This paper presents datasets that support economic and policy analyses of countries in the Gulf Cooperation Council (GCC). The objective is to provide an overview of the GCC energy systems and serve as a reference for researchers performing quantitative modeling and analysis. The following data have been collected from public sources, using the most recent complete datasets available. We begin by describing the GCC in terms of electricity systems specific to each country. For each system, we compile and present information about how electricity and water are supplied in terms of technologies and fuels. A key point is the linkage of electricity and water production in the GCC. Power plants typically produce a combination of electricity and water, primarily through desalinating seawater using waste heat. This linkage must be considered when analyzing how energy is transformed in the GCC. An assessment of fossil and renewable resources follows in the third section. The GCC states are well endowed with fossil and renewable resources. To date, fossil energy has been exploited for export and domestic consumption while the use of renewable resources has been negligible in terms of total primary energy supply. The fourth section presents government administered fuel prices and electricity tariffs. These provide a context for understanding the composition of the energy and water sectors. Regulated energy prices are a characteristic of the GCC. Administered prices on the supply (electricity production) and demand side (electricity consumption) have been, and continue to be, a key barrier to electricity trade and greater penetration of renewable technologies in the power and water sectors. Ongoing price reforms are expected to improve the prospects of electricity trade and cost-effectiveness of renewables. Existing energy policies, future targets and power sector reforms are covered in the fifth section. GCC countries have announced plans to both diversify electricity production (by deploying renewables and nuclear capacity) and to reduce demand (through efficiency measures). Recently announced targets in all six GCC states suggest that renewable resources and nuclear energy will be a prominent component of the region’s future energy systems. Almost 80 GW of renewables will be installed, around four times the amount of nuclear power that is planned in the region. The accompanying datasets are available on the OpenKAPSARC data portal and will be updated as new data are available.

In 2021, the value of the Gulf Cooperation Council (GCC) imports from China reached **** billion U.S. dollars. This represented **** percent of the GCC's total imports in 2021.

China Imports from United Arab Emirates was US$39.31 Billion during 2023, according to the United Nations COMTRADE database on international trade. China Imports from United Arab Emirates - data, historical chart and statistics - was last updated on June of 2025.

Explore the top import markets for almonds in 2023, including India, China, UAE, Spain, and more. Discover key statistics and trends in the global almond market.

Snapshot img

Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

In 2021, electrical machinery and equipment were the top imports from China to the Gulf Cooperation Council (GCC) with a value of 35.7 billion U.S. dollars. The value of the GCC imports from China reached 98.3 billion U.S. dollars in 2021.

Discover the top import markets worldwide for nuts and find out where to source the world's best quality nuts for your needs. Explore new opportunities and boost your nut business with these lucrative markets.

The Trump administration is poised to reverse Biden-era AI chip restrictions, aiming to enhance American innovation and secure AI dominance, impacting global semiconductor trade and relations with countries like China and the UAE.

The global gate valve market size recorded sales of US$ 12.9 billion in 2018. The market is poised to hold a revenue of US$ 14.8 billion in 2023. In the assessment period 2023 to 2033, revenue is set to propel at 5.0% CAGR. It is expected to result in a sum of US$ 24.3 billion by the end of 2033.

Scope of the Report

The United Arab Emirates' total Imports in 2023 were valued at US$470.54 Billion, according to the United Nations COMTRADE database on international trade. The United Arab Emirates' main import partners were: China, India and the United States. The top three import commodities were: Pearls, precious stones, metals, coins; Commodities not specified according to kind and Electrical, electronic equipment. Total Exports were valued at US$570.25 Billion. In 2023, The United Arab Emirates had a trade surplus of US$99.71 Billion.

The value of exports from the United Arab Emirates (UAE) to China has increased to about 9.8 billion Emirati dirhams in 2020, compared to 3.77 billion Emirati dirham in 2015. UAE is China's second largest trade partner in the world, and China's largest partner in the Arab region.