The data of the Federal Competitiveness and Statistics Center showed the development of trade and investment relations between the UAE and Turkey, as the volume of non-oil foreign trade between the two countries jumped to 363.695 billion dirhams ($99 billion). ) during the last ten years.
According to the data obtained by Al Bayan newspaper, the non-oil trade of the UAE and Turkey was distributed over the past decade by 158.651 billion dirhams, total exports included 41.441 billion dirhams re-exports, The volume of imports amounted to 205 billion dirhams.
The data showed that the total weight of the trade of the UAE and Turkey amounted to about 21.43 million dirhams during 10 years, distributed at 2.90 million dirhams for total exports, including 646.76 million dirhams, the value of re-exports, while The weight of imports amounted to about 18.15 million dirhams.
The UAE's non-oil foreign trade with Turkey reached nearly 37.50 billion dirhams in the first nine months of 2021, which makes it the sixth largest trading partner of the UAE after China India, Saudi Arabia, America and Iraq.
The most important UAE investment sectors in Turkey are the pharmaceutical and cosmetics industries, the real estate sector, leasing, the health sector, the agricultural sector, fishing, building and construction, the basic metal industry, transportation equipment manufacturing, and the manufacture of chemicals. .
