We survey general properties of multiplicative arithmetic functions of several variables and related convolutions, including the Dirichlet convolution and the unitary convolution. We introduce and investigate a new convolution, called gcd convolution. We define and study the convolutes of arithmetic functions of several variables, according to the different types of convolutions. We discuss the multiple Dirichlet series and Bell series and present certain arithmetic and asymptotic results of some special multiplicative functions arising from problems in number theory, group theory and combinatorics. We give a new proof to obtain the asymptotic density of the set of ordered $r$-tuples of positive integers with pairwise relatively prime components and consider a similar question related to unitary divisors.