Total UAE exports reach 236 regional and global markets

The Federal Competitiveness and Statistics Center revealed that the UAE’s total non-oil exports, including exports and re-exports, reached more than 236 major regional and global markets by the end of 2023, indicating the high competitiveness and quality of Emirati products, and the country’s role as a gateway for trade between the East and the West, supported by its distinguished geographical location, the quality of infrastructure that includes a group of the best global ports, and the success of government efforts aimed at increasing economic diversification outside the framework of oil.

The centre explained in a detailed report it recently issued, a copy of which was obtained by “Emirates Today” on the UAE’s non-oil trade for the year 2023, that the total general non-oil exports included the markets of European, American, Arab, non-Arab Asian countries, non-Arab African countries, in addition to the group of oceanic countries that overlook the oceans and consist of islands and other countries.

The UAE’s non-oil exports of goods continued to grow, recording AED 441 billion in 2023, a growth of 16.7% compared to 2022, while the value of “re-exports” witnessed a growth of AED 690 billion, an increase of 6.9% compared to 2022.

Turkey came first on the list of countries to which the UAE’s non-oil exports were directed, with a value of AED 47.4 billion, accounting for 11% of the UAE’s non-oil exports, followed by India with a value of AED 43.3 billion, then Saudi Arabia with a value of AED 39.4 billion.

Saudi Arabia also came in first place among “re-export” countries, with a value of 68.8 billion dirhams, followed by Iraq with a value of 63.6 billion dirhams, then India with a value of 44.2 billion dirhams.

Saudi Arabia also came in first place in total non-oil exports, including “exports and re-exports” worth 108.2 billion dirhams, followed by India with a value of 87.5 billion dirhams, then Iraq with a value of 83.3 billion dirhams.

The UAE’s non-oil exports witnessed great diversity and included a wide range of products, especially industrial products, most notably metals and their products worth approximately AED 68.5 billion, food and beverage products worth more than AED 32 billion, metal products worth more than AED 29.5 billion, plastics and their products, rubber and its products, and leather worth more than AED 20.4 billion, electrical machinery, equipment, recording and broadcasting devices worth more than AED 17.5 billion, chemical and related industries products worth more than AED 17.3 billion, wood products worth more than AED 8 billion, and transportation equipment worth AED 3.6 billion, in addition to a large number of other goods.

The “re-export” also included various products and goods, most notably transportation equipment worth AED 75.4 billion, chemical and related industries products worth more than AED 31.6 billion, metal products worth more than AED 26 billion, textile products and their products worth AED 19.8 billion, food and beverage industry products worth AED 12.5 billion, and plant products worth AED 10.6 billion.

It is noteworthy that the contributions of non-oil exports of goods to the country’s foreign trade continued to grow, achieving 17.1% compared to 14.1% in 2019.

• UAE non-oil exports of goods recorded AED 441 billion in 2023, a growth of 16.7% compared to 2022.