136.5 billion dirhams, the UAE’s trade account surplus with the Arab world in 9 months – local economy



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قفز الفائض في الحساب التجاري للإمارات مع دول العالم العربي (مجلس التعاون لدول الخليج العربية والدول العربية الأخرى) إلى 136.5 مليار درهم خلال الأشهر التسعة الأولى من العام 2020 حسبما أظهرت أحدث الإحصاءات الصادرة عن المركز الاتحادي للتنافسية والإحصاء التي ترصد حركة التبادل التجاري للدولة مع جميع the states of the world.

The large jump in the state’s trade account surplus with the combined Arab countries during the period from January to the end of September of last year once again confirmed the UAE’s leadership as the main gate entry into the region, which strengthens its position as a pivotal player in international trade.

The total value of the country’s exports (including exports and re-exports) to the Gulf Cooperation Council countries reached 121.1 billion dirhams in the first nine months of 2020, while the value of its imports in Origin from these countries reached about 32.6 billion dirhams, which means a trade account surplus of 88.5 billion dirhams.

Saudi Arabia dominated the first place in the Arab world and the second in the world in trade with the United Arab Emirates, with a value that exceeded 90.8 billion dirhams in the first nine months of the year. 2020.

In terms of the state’s trade with the rest of the other Arab countries, the total value of its exports to these countries amounted to approximately 74.722 billion dirhams, while the value of its imports reached 26.731 billion dirhams, which means achieving a surplus in the interest of the UAE of approximately 48.036 billion dirhams in the first nine months of 2020.

• The UAE is a major gateway for trade in the region and a key player in international trade.

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