The following analysis highlights the Middle East’s fastest-growing export countries and is based on data for 2014. For more recent research statistics, please see the main article Top Middle Eastern Export Countries.
After analyzing 2014 export data, we found 12 Middle Eastern countries that increased their export sales from 2010 to 2014. The minimum gain in value was 1.8% for Egypt up to Qatar’s 75.5% appreciation.
Four other nations posted declines in the value of their shipments: Iran (down 21.6%), Lebanon (down 22.1%), Palestine (down 81.7%) and Syrian Arab Republic (down 92.5%).
Overall, the average increase for all Middle East exporters was 33.7%.
Fastest-Growing Middle Eastern Export Countries
Listed below in descending order are the fastest-growing Middle Eastern export countries. Shown within parentheses is the percentage value increase in a country’s global exports from 2010 to 2014.
|Exporters||% Value Change from 2010||2014 Exports|
|7.||Saudi Arabia||38%||$346.7 billion|
|8.||United Arab Emirates||27.4%||$207.1 billion|
|16.||Syrian Arab Republic||-92.5%||$850.1 million|
The world’s richest country, Qatar has a population of 2.4 million people and boasts the highest per-capita GDP. Quatar’s leading exports are petroleum gases and crude oil with refined oil representing less than 5% of Qatari export sales.
Iraq is home to 36.6 million citizens compared to 4.2 million for Kuwait. And while crude petroleum is the major export product for both Mideast countries, Kuwait ships far more processed oil than Iraq.
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on June 23, 2015
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on June 23, 2015
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on September 18, 2015
Wikipedia, List of Middle East countries by population. Accessed on June 23, 2015
World’s Richest Countries. Accessed on June 23, 2015