29.44 Billion Trade Exchange Between the UAE and France in 2022

Trade exchange between the UAE and France grew by 16.8% to reach 29.44 billion dirhams ($8 billion) in 2022, compared to 25.2 billion dirhams ($6.8 billion) in 2021, according to data from the Federal Center for Competitiveness and Statistics.

The data published by the Emirates News Agency (WAM) showed that foreign trade between the two countries was distributed during the past year between 25.2 billion dirhams, the value of imports, and about 4.2 billion dirhams, the value of exports and re-exports.

She indicated that foreign trade has grown over the past three years by 49%, from 19.7 billion dirhams in 2020 to 29.4 billion dirhams at the end of last year.

The data indicated that jewelry and precious metals commodities topped the list of the top 5 commodities imported from France during the year 2022, with a value of 2.96 billion dirhams, followed by jet engine goods with a value of 2.58 billion dirhams, perfumes with a value of 2.1 billion dirhams, medicines with a value of 1.4 billion dirhams, and bags with a value of 1.3 billion dirhams. One billion dirhams.In the item of re-export, air vehicle parts items topped the list with a value of 1.1 billion dirhams, followed by jewelry and precious metal jewelry with a value of 421 million dirhams, jet engines with a value of more than 200 million dirhams, cars with a value of 146 million dirhams, and perfumes with a value of 128 million dirhams. Whereas, canning bottles topped the UAE exports item, with a value of 88 million dirhams.

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Summary

Trade exchange between the UAE and France grew by 16.8% to reach 29.44 billion dirhams ($8 billion) in 2022, compared to 25.2 billion dirhams ($6.8 billion) in 2021, according to data from the Federal Center for Competitiveness and Statistics.

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