U.S.-U.A.E. Bilateral Trade Reaches $24.9 billion in 2014

Share

Share on facebook
Share on twitter
Share on linkedin

The United Arab Emirates (U.A.E.) remains the U.S.’ top export destination for the entire Middle East North Africa (MENA) region for the sixth year in a row, according to the U.S. Census Bureau’s Foreign Trade Division.

The United States and United Arab Emirates (U.A.E.) shared $24.9 billion in overall trade in 2014— down 6.8% ($1.83 billion) since 2013.

The report also indicated that U.S. exports to the U.A.E. reached $22.11 billion— 9.5% ($2.3 billion) less than 2013’s numbers.

2014 U.A.E. exports to the U.S. increased to $2.8 billion – an increase of 22.3% since 2013 ($2.29 billion).

The highest month for U.S. exports to the U.A.E. last year was December 2014 at $2.1 billion, which was +7.7% higher than December 2013.

2014 U.S. export numbers to the U.A.E. continued to exceed outgoing American products to other key regional trade partners last year, including: Kingdom of Saudi Arabia ($18.68 billion), India ($21.63 billion), Israel ($15.07 billion), Turkey ($11.66 billion), and Egypt ($6.49 billion).

For more information, please visit: HERE