U.S.-U.A.E. Trade Reaches Record $26.9 billion in 2013

Share

Share on facebook
Share on twitter
Share on linkedin

Washington, D.C. – The United Arab Emirates (U.A.E.) remains the top United States export destination in the entire Middle East North Africa (MENA) region for the fifth year in a row, according to statistics released today by the U.S. Census Bureau’s Foreign Trade Division.

The freshly-released Census stats revealed that the U.S. and U.A.E. shared a record $26.9 billion in trade in 2013, +8.5% over 2012.  The report also indicated that U.S. exports to the U.A.E. reached a record $24.61 billion, +9.1% over 2012’s export numbers.  Meanwhile, U.A.E. exports to the U.S. remained consistent with 2012 figures at $2.29 billion.  The highest month for U.S. exports to the U.A.E. last year was March 2013 at $2.99 billion, +43.75% over March 2012.

MBZ & Obama_ April 2013

(Photo credit: The White House)

In fact, the 2013 U.S. export numbers to the U.A.E. exceeded outgoing American products to other key regional trade partners last year, including: Kingdom of Saudi Arabia ($18.99 billion), India ($21.88 billion), Israel ($13.738 billion), Turkey ($17.1 billion), and Egypt ($5.22 billion).

Once again, every U.S. state and territory exported to the U.A.E. in 2013. The top ten U.S. states exporting to the U.A.E. last year included:

1. Washington: $4.03 billion (-20.3% vs. 2012)
2. Texas: $2.69 billion (+22.5% vs. 2012)
3. District of Columbia: $2.25 billion (+39.1% vs. 2012)
4. Florida: $2.21 billion (+31.2% vs. 2012)
5. New York: $2.02 billion (+23.2% vs. 2012)
6. California: $1.64 billion (-9.6% vs. 2012)
7. Connecticut: $1.22 billion (+12.2% vs. 2012)
8. New Jersey: $929.5 million (+27.6% vs. 2012)
9. Georgia: $789.5 million (+23.7% vs. 2012)
10. Ohio: 680.4 billion (+46.6% vs. 2012)

Transportation Equipment was the largest subset of U.S. exports to the U.A.E. at $9.4 billion in 2013, 38% of total U.S. exports to the Emirates last year.  Other top U.S. export sectors included: Computers & Electronics ($3.9 billion), Non-Electrical Machinery ($1.88 billion), Primary Metal Manufacturing ($1.83 billion), Fabricated Metal Products ($1.58 billion), Chemicals ($1.01 billion), and Agricultural Products ($708.9 million).

 

For more information, click HERE.