514.6 billion dirhams UAE trade with Islamic countries in 2020

514.6 billion dirhams UAE trade with Islamic countries in 2020
514.6 billion dirhams UAE trade with Islamic countries in 2020

The Federal Competitiveness and Statistics Center reported that the value of the UAE’s non-oil foreign trade with the countries of the Organization of the Islamic Conference amounted to 514.6 billion dirhams, with a weight of goods, exceeding 114 million tons during the past year.

A report issued by the Center today stated that only five of the 55 member states of the Organization of the Islamic Conference accounted for more than 50% of the country’s non-oil trade with the OIC countries, explaining that the UAE’s trade with those countries was distributed among imports worth 170.6 billion dirhams. And exports amounted to 117.5 billion dirhams, while the value of re-exports amounted to 226.5 billion dirhams.

According to the report, the value of the UAE’s non-oil trade with non-Arab Asian countries amounted to 544.7 billion dirhams, distributed as imports by 340.6 billion dirhams, exports with 97.3 billion dirhams and re-exports with a value of 106.8 billion dirhams, with China ranked first with a value of 173.8 billion dirhams.

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