Applied tariffs
Simple average MFN applied
2025
5.5 %
Trade-weighted MFN average
2024
*
4.5 %
Share of MFN duty-free
2025
10.5 %
Bound tariffs
Simple average bound
14.1 %
Binding coverage
100.0 %
Share of bound duty-free
6.1 %
Imports
Total imports: 43,466.5 million USD in 2024
Imports by partner
United Arab Emirates
23.6 %
10,249.1
million USD
China
11.0 %
4,760.3
million USD
Kuwait, the State of
10.1 %
4,400.4
million USD
India
9.0 %
3,913.6
million USD
Saudi Arabia, Kingdom of
7.7 %
3,343.9
million USD
European Union
7.3 %
3,169.5
million USD
Qatar
5.0 %
2,186.6
million USD
Japan
3.3 %
1,442.0
million USD
Brazil
3.3 %
1,423.4
million USD
United States of America
3.0 %
1,312.4
million USD
Rest of the World
16.7 %
7,265.5
million USD
Imports by products HS 2022
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
12.8 %
5,585.3
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
9.3 %
4,054.9
million USD
870324
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
3.0 %
1,299.5
million USD
260111
Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites)
2.6 %
1,139.5
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
2.0 %
879.9
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
2.0 %
848.9
million USD
851713
Smartphones for wireless networks
1.5 %
657.2
million USD
291736
Terephthalic acid and its salts
1.0 %
452.6
million USD
730429
Casing and tubing, seamless, of iron or steel, of a kind used in drilling for oil or gas (excl. products of cast iron)
1.0 %
452.4
million USD
290919
Acyclic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives (excl. diethyl ether)
1.0 %
444.6
million USD
Rest of the products
63.6 %
27,651.8
million USD
Exports
Total exports: 65,062.3 million USD in 2024
Exports by destination
Other Countries, n.e.s.
68.4 %
44,511.5
million USD
United Arab Emirates
6.5 %
4,200.7
million USD
Saudi Arabia, Kingdom of
3.6 %
2,327.1
million USD
India
2.8 %
1,807.7
million USD
Korea, Republic of
2.6 %
1,705.3
million USD
United States of America
1.9 %
1,205.8
million USD
European Union
1.5 %
986.7
million USD
Iran
1.4 %
939.5
million USD
Qatar
0.9 %
581.0
million USD
Egypt
0.9 %
569.5
million USD
Rest of the World
9.6 %
6,227.5
million USD
Exports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
39.6 %
25,768.5
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
21.8 %
14,170.5
million USD
271111
Natural gas, liquefied
10.1 %
6,574.8
million USD
260112
Agglomerated iron ores and concentrates (excl. roasted iron pyrites)
2.7 %
1,756.3
million USD
310210
Urea, whether or not in aqueous solution (excl. that in tablets or similar forms, or in packages with a gross weight of <= 10 kg)
1.7 %
1,095.2
million USD
721420
Bars and rods, of iron or non-alloy steel, with indentations, ribs, groves or other deformations produced during the rolling process
1.0 %
680.1
million USD
290511
Methanol "methyl alcohol"
0.9 %
614.7
million USD
760110
Aluminium, not alloyed, unwrought
0.9 %
577.6
million USD
390761
Poly"ethylene terephthalate", in primary forms, having a viscosity number of >= 78 ml/g
0.8 %
533.0
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
0.7 %
482.0
million USD
Rest of the products
19.7 %
12,809.7
million USD