Page 670 - MOE ENGLISH PR REPORT - JULY 2024

7/10/24, 5:08 PM UAE and Japan discuss the latest developments in the comprehensive strategic partnership and sign a number of memorandums o…
It is worth noting that the total trade exchange between the two countries in 2023 amounted to about $47.4 billion (including
petroleum products), while non-oil trade exchange amounted to about $15.6 billion during 2023, achieving a growth of 6.1%
compared to 2022. The UAE is considered as the first trading partner to Japan in terms of exports and imports to the Gulf

Cooperation Council countries, as the country receives 47% of Japan’s exports to the GCC countries.

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