UAE is the top hub for commodities trade

The Commodity Trade Index (CTI) is a new industry benchmark which assesses the role of 10 key commodities trading hubs within the global commodity trade. It looks at 10 countries across 4 continents and evaluates each state based on three large groups of factors: commodity endowment, institutions, and location.

Locational and trading
partner factors

  • 1. Headquarter locations of major commodities trading houses
  • 2. Proximity to markets (based on commodity export data)
  • 3. Commodity trade partner tariffs on primary goods

Commodity
endowment factors

  • 4. Tons of oil exported annually
  • 5. Hub’s share of global commodity trade for coffee, grains, sugar, gold, diamonds, soya beans, tea, cotton, silver, animals and animal products, and plastic
  • 6. Natural resource rents as a share of GDP

Institutional
factors

  • 7. Financial services infrastructure
  • 8. Attractiveness of the tax regime
  • 9. Strength of contract enforcement
  • 10. Ease of trading across borders

The UAE ranks first on the Commodity Trade Index primarily due to its high score for natural resource endowments. The US and UK come second and third respectively.

Country Commodity
endowment
factors
Locational
and trading
partner factors
Institutional
factors
Index Rank
UAE 74% 33% 64% 57% 1
US 44% 37% 86% 56% 2
UK 24% 48% 80% 50% 3

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view of the Commodity Trade Index results