UAE-Turkiye non-oil trade crosses $103bn in 10 years

UAE-Turkiye non-oil trade crosses $103bn in 10 years
The non-oil exchange constituted 204.3 billion dirhams in imports, about 127.5 billion dirhams in exports, and over 46 billion dirhams in re-exports, reported the Dubai-based Federal Competitiveness and Statistics Centre. (Shutterstock)
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Updated 11 June 2023
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UAE-Turkiye non-oil trade crosses $103bn in 10 years

UAE-Turkiye non-oil trade crosses $103bn in 10 years

RIYADH: Non-oil intra-trade between the UAE and Turkiye reached over 378 billion dirhams ($103 billion) from 2013 to 2022, according to the Dubai-based Federal Competitiveness and Statistics Centre. 

The non-oil exchange constituted 204.3 billion dirhams in imports, about 127.5 billion dirhams in exports, and over 46 billion dirhams in re-exports, reported the state-run competitiveness authority. 

The FCSC report revealed that raw gold topped the list of the five most essential commodities imported by the UAE from Turkiye in 2022, with a value of 15.6 billion dirhams. 

Jewelry was second on the list of the five critical commodities imported in the same year, with a value of 9.4 billion dirhams. 

At 17.7 billion dirhams, raw gold ranked first among the top five commodities exported from the UAE to Turkiye in 2022. 

With a value of 2.5 billion dirhams, jewelry topped the list of the top five commodities re-exported, followed by raw gold worth 1.8 billion dirhams.