Page 198 - MOE ENGLISH PR REPORT - JANUARY 2024

1/26/24, 5:09 PM Vietnam, UAE speed up negotiation for comprehensive economic partnership agreement
In the coming time, the two sides agreed to cooperate more closely to speed up the Vietnam - UAE CEPA negotiation
process and conclude it soon.

Currently, the UAE is the largest export market and the second-largest trade partner of Vietnam in West Asia (after
Kuwait).

In 2023, Vietnam's exports to the UAE reached over 4 billion USD and its imports from this market hit over 676 million
USD, marking a year-on-year increase of 4.3% and 16% respectively.

Vietnam's main exports to the UAE include mobile phones, computers and components, electrical products, household
electronics, pepper, seafood, footwear, textiles, grain products, plastic, and wooden furniture. It imports are raw plastics,
liquefied petroleum gas (LPG), petroleum products, animal feed materials, metals, and chemicals.

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