Why United Arab Emirates
(Welcome to Emirates)
the beating heart of global trade:
Geographical location : United Arab Emirates is located in the heart of the Middle East and constitutes a strategic center for global trade.
UAE has a wide network of international ports and airports that facilitate shipping, export and import operations.
Infrastructure : UAE has a developed infrastructure, such as highways, airports, ports and modern communications, which allows companies to access global markets with ease.
Political and economic stability : UAE enjoys a distinct investment climate and political stability, and the government is working to provide an encouraging business environment for local and foreign companies.
Economic freedom: UAE is considered one of the countries that provide great economic freedom, as it offers a competitive environment and allows easy establishment of companies and investments, as well as attractive tax and customs benefits.
Multicultural : UAE lives in a diverse and multinational society, which makes it an open environment for trade and cultural and commercial exchange.
The sophisticated lifestyle : UAE has a modern and sophisticated lifestyle, which makes it an attractive destination for investors and workers in all fields.
Information, facts and figures:
Total trade volume in the UAE: The total trade volume in UAE reached $1.43 trillion in 2020, according to the Dubai Institute of Statistics.
UAE and World Trade: UAE is a major center for global trade, with foreign trade accounting for more than 70% of the country's GDP.
The largest trading partners of UAE: The European Union is the largest trading partner of UAE, followed by China, United States of America, India and Japan.
UAE and oil trade: UAE relies heavily on oil and natural gas exports, as these exports constitute about 30% of the GDP. Dubai is a global center for oil trade, with about 40% of the world's oil trade passing through it.
UAE and non-oil commodity trade: UAE is working to diversify its economy and develop sectors other than the oil sector. This is represented in non-oil commodity trade, as this trade constitutes nearly 70% of the total trade in UAE.
Foreign trade volume: UAE economy enjoys a large volume of foreign trade, as the total trade volume of UAE in 2020 was about $1.4 trillion, according to data from UAE National Statistics Center.
Trade with China: China is a major trading partner of UAE, with trade volume between the two countries reaching about $203.3 billion in 2020, according to UAE National Statistics Center.
Oil and Gas Sector: The oil and gas sector is the main pillar of the UAE economy, as UAE is one of the largest oil producers in the world, and is a major center for oil and gas trade and exports.
Transportation and logistics: UAE is considered one of the most important transportation and logistics centers in the world, as it has several major ports and international airports, making it a major center for merchandise trade and air and sea freight.