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Who buys the United Arab Emirates’ crude oil? Export destinations 2024

In 2024, the United Arab Emirates exported $114.4 billion of crude oil (311.3 million tonnes), 8.8% of the world total. Its main destinations were Japan (27%), China (19%) and Thailand (13%). The United Arab Emirates was the world’s 4th-largest exporter of crude oil.

Summary

Value
$114.4billion
Tonnes
311.3million tonnes
Share of world total
8.8%
World rank
4th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Japan31.4Tonnes: 49,478,700USD per tonne: $63627.5%Sea
China22.1Tonnes: 35,532,280USD per tonne: $62119.3%Sea
Thailand14.7Tonnes: 151,659,782USD per tonne: $9712.9%Sea
India13.5Tonnes: 21,250,800USD per tonne: $63311.8%Sea
South Korea11.9Tonnes: 18,577,700USD per tonne: $64110.4%Sea
Singapore re-exports7.9Tonnes: 12,593,200USD per tonne: $6316.9%Sea
Malaysia3Tonnes: 4,544,356USD per tonne: $6602.6%Sea
Taiwan2.4Tonnes: 4,513,400USD per tonne: $5282.1%Sea
Pakistan2.4Tonnes: 4,166,332USD per tonne: $5682.1%Sea
Philippines1.2Tonnes: 2,055,090USD per tonne: $5931.1%Sea
United States1.2Tonnes: 2,262,157USD per tonne: $5321.1%Sea
Sri Lanka0.77Tonnes: 1,519,430USD per tonne: $5040.67%Sea
Germany0.6Tonnes: 987,415USD per tonne: $6090.53%Sea
Brunei0.51Tonnes: 849,845USD per tonne: $5950.44%Sea
Australia0.31Tonnes: 536,457USD per tonne: $5870.28%Sea
United Kingdom0.17Tonnes: 285,284USD per tonne: $6100.15%Sea
France0.14Tonnes: 213,240USD per tonne: $6370.12%Sea
Italy0.09Tonnes: 134,940USD per tonne: $6460.08%Sea
Indonesia0.07Tonnes: 121,773USD per tonne: $6120.07%Sea
Netherlands re-exports0.04Tonnes: 65,387USD per tonne: $6570.04%Sea

Trend

Who it sells to

Japan was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • Japan 31.4
  • China 22.1
  • Thailand 14.7
  • India 13.5
  • South Korea 11.9

Source: CEPII BACI

Show the numbers
Partner19952024
Japan8.231.4
China0.0522.1
Thailand0.614.7
India0.6713.5
South Korea1.211.9

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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