UAE, Japan non-oil trade hits $130.8b in 10 years

UAE, Japan non-oil trade hits $130.8b in 10 years

According to statistics from the Ministry of Economy, the total value of non-oil trade between the UAE and Japan reached AED481.34 billion or $130.8 billion over the past ten years from 2009 to 2019.. The statistics highlight the growing trade and economic relations between the two countries, with the value of their overall trade in the first half of 2019 reaching AED26 billion.. According to official records from the ministry and the Federal Competitiveness and Statistics Authority (FCSA), Japan is one of UAE's leading trading partners, with the value of their non-oil trade reaching AED54.46 billion in 2018 while Japan's investment in the UAE amounts to AED14.3 billion.. The investments have played a key role in strengthening the economic and trade relations between the two countries..