Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) in the United Arab Emirates

The Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) in the United Arab Emirates was last reported at 1.61 in 2010, according to a World Bank report released in 2011. The Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) in the United Arab Emirates was 1.59 in 2009, according to a World Bank report, published in 2010. The Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) in the United Arab Emirates was reported at 1.08 in 2008, according to the World Bank. Merchandise imports from developing economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from developing economies in the Latin America and the Caribbean region according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.This page includes a historical data chart, news and forecasts for Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) in the United Arab Emirates. The United Arab Emirates has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to 25%. Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living.

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