Page 407 - MOE ENGLISH PR REPORT - DECEMBER 2024

1/3/25, 6:08 PM UAE, Croatia Explore Opportunities To Bolster Bilateral Economic, Trade Relations - UrduPoint
The discussions also highlighted the rapid growth of non-oil trade between the two countries, which increased by
4% from US$107 million in 2022 to US$110.7 million in 2023. A key growth driver was a significant 265% rise in re-
exports from the UAE, totalling US$15.65 million, alongside a 12% increase in UAE exports to Croatia, which reached
US$43.03 million.

This momentum carried forward into the first half of 2024, with bilateral trade expanding by 44.8% compared to
the same period in 2023, totalling US$78.9 million. The robust growth was driven by remarkable increases in imports,
which surged by 84.2% to US$50.1 million, and re-exports, which grew by 83.4% to US$8.4 million.

This visit reflects the UAE’s forward-looking vision to position itself as a global leader in trade and investment while
enhancing partnerships with European nations to promote sustainable development and achieve shared economic
goals.

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