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5/30/25, 4:56 PM The UAE and EU's Non-Oil Trade Reached $67.6 Billion in 2024 - The Uae insights
The UAE and EU’s Non-Oil Trade

Reached $67.6 Billion in 2024

Maroš �efčovič, EU Commissioner for Trade and Economic Security, was welcomed to the United Arab

Emirates by UAE Minister of State for Foreign Trade Dr. Thani Al Zeyoudi for continued discussions on

the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the EU.

In order to investigate prospects for further cooperation and investment flows between the EU and the
UAE, the visit also featured an investment roundtable with representatives from top private sector

businesses. With 8.3% of non-oil trade, the EU is already one of the UAE’s most important commercial

partners.

The non-oil trade between the two countries reached $67.6 billion in 2024, up 3.6% from 2023.

In terms of fortifying economic connections and opening up new channels for collaboration and trade, the

UAE-EU CEPA is set to be a landmark agreement. The deal will improve market access for goods and

services, encourage investment in important industries, and open the door for the elimination of trade

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