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FinancialNews


  • 20-01-21

    Saudi Arabia takes number one at UAE’s export market in 2020

    (MENAFN)In the first nine months of the previous year, Saudi Arabia was the UAE’s top export market previous year, with exports and re-exports from the emirates to the Kingdom came into 73.58 billion UAE dirhams (USD20.04 billion).

    The recent statistics from the UAE’s Federal Competitiveness and Statistics Centre declared that the Emirates exported to 230 countries in last year, up from 200 in 2019.

    At the same time as Saudi Arabia considered the biggest export destination for the UAE, second was Iraq with 36.5 billion dirhams followed by Switzerland (33.47 billion), India (24.78 billion), Oman (24 billion), China (22 billion), Hong Kong (20.4 billion), Kuwait (16.1 billion), the US (13.1 billion) and Italy (12.75 billion).

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