Wednesday, November 14, 2012



Economy of United Arab Emirates[1]
Downtown Burj Dubai and Business Bay, seen from Safa Park.jpg
Dubai skyline
Rank30th
CurrencyUnited Arab Emirates dirham (AED)
Trade organisationsOPEC and WTO
Statistics
GDP$360 billion (2012)[2]
GDP growth3% (2012 est.)[3]
GDP per capita$48,158 (2012) (7th)[1]
GDP by sectorAgriculture (0.9%), industry (55.5%), services (36.6%) (2010 est.)[1]
Inflation (CPI)1.4% (2012 est.)[4]
Population
below poverty line
0%[5]
Labour force3.705 million (2010 est.)[1]
Labour force
by occupation
Agriculture (7%), industry (15%), services (78%) (2000 est.)[1]
Unemployment4.6% (2012)[6]
Main industriesPetroleum and petrochemicalsfishing,aluminiumcementfertilizers, commercial ship repair, construction materials, some boat building, handicraftstextiles.[1]
Ease of Doing Business Rank33rd[7]
External
Exports$212.3 billion (2010 est.)[1]
Export goodsCrude oilnatural gasreexportsdried fish,dates[1]
Main export partnersJapan 17.1%, India 13.6%, Iran 6.9%, South Korea 6.1%, Thailand 5.1% (2010)[1]
Imports$161.4 billion (2010 est.)[1]
Import goodsMachinery and transport equipment,chemicalsfood[1]
Main import partnersIndia 17.5%, China 14%, United States7.7%, Germany 5.6%, Japan 4.8% (2010)[1]
Gross external debt$151.8 billion (31 December 2010 est.)[1]
Public finances
Public debt51.2% of GDP (2010 est.)[1]
Revenues$85.77 billion (2010 est.)[1]
Expenses$92.15 billion (2010 est.)[1]


Economy of Morocco
Casablanca Twin Center.jpg
Casablanca Twin Center
Rank54th
CurrencyMoroccan Dirham (MAD)
Fiscal yearCalendar year
Trade organisationsWTOCAEU
Statistics
GDP$164.7 billion (2011 est.) [1]
GDP growth4.3% (2011 est.)
GDP per capita$4,740 (2010 est.) [2]
GDP by sectoragriculture: 17.1%; industry: 31.6%; services: 51.4% (2010 est.)
Inflation (CPI)2.5% (2010 est.)
Population
below poverty line
15% (2009 est.)
Gini coefficient40.9 (2005 est.)
Labour force11.63 million (2010 est.)
Labour force
by occupation
Agriculture: 44.6%, Industry: 19.8%, Services: 35.5% (2006)
Unemployment8.9% (2011 est.)
Main industriesPhosphates, rock mining and processing, food processing, leather goods, textiles, construction, tourism
Ease of Doing Business Rank94th[1]
External
Exports$14.49 billion f.o.b. (2010 est.)
Export goodsclothing and textiles, electric components, inorganic chemicals, transistors, crude minerals, fertilizers (including phosphates), petroleum products, citrus fruits, vegetables, fish
Main export partnersSpain 22.02%, France 20.22%, India4.91%, Italy 4% (2009)
Imports$34.19 billion f.o.b. (2010 est.)
Import goodsCrude petroleum, textile fabric, telecommunications equipment, wheat, gas and electricity, transistors, plastics.
Main import partnersFrance 16.95%, Spain 14.72%, China7.1%, Italy 6.76%, Germany 6.28%,United States 5.66%, Saudi Arabia5.11% (2009)
FDI stock$42.19 billion (31 December 2010 est.)
Gross external debt$22.69 billion (31 December 2010 est.)
Public finances
Public debt64% of GDP (2011 est.)
Revenues$25.69 billion
Expenses$31.38 billion (2011 est.)
Economic aid$706 million (2005)
Credit rating
Foreign reservesUS$23.858 billion (March 2011)[4]


These charts will give an idea and further insight of the economy in both countries.


Balance Trade 
The UAE is a country in the GCC, as we all know UAE is one of the richest countries with oil, Where Morroco's economy is not fully dependent on oil, but has  a lot of clothing, minerals, fruits and electronics. so we will see a huge gap between the countries in terms of exporting and importing. we can see that UAE net export is around $212.3 billion (2010 est.) and import was $161.4 billion (2010 est.). i believe th




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