Page 61 - ETIHAD CREDIT INSURANCE PR REPORT - AUGUST 2024

8/22/24, 2:20 PM Abu Dhabi Chamber sees 23.8 percent year-on-year growth in certificates of origin
further facilitated access to new markets, expanded Abu Dhabi’s export portfolio, and eased entry
for Emirati exports into key markets like India, Indonesia, Türkiye, Korea, and Malaysia.
Read more: Abu Dhabi, Hong Kong forge cooperative agreement to facilitate global trade,
investment flows
Diversification of export destinations
Furthermore, the UAE’s non-oil export landscape is increasingly diverse, with Asia emerging as the
primary export destination, followed by the European Union and North America. Also, other notable
regions include the European Free Trade Association (EFTA), Africa, and South America, along
with significant growth in exports to Eastern Europe, Oceania, and Central America.
As of July 2024, the UAE has signed 12 CEPAs with countries at regional and global levels, with
ongoing discussions for new agreements with promising markets.
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