65 billion dirhams of non -oil trade exchange between the UAE and Japan during 2024

The Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al -Zyoudi, revealed that the value of the non -oil inter -trade between the UAE and Japan reached about 65 billion dirhams during the year 2024 (17.7 billion dollars), an increase of 2.2% over 2023 and 32% growing compared to 2021.

Al -Zyoudi said in press statements, on the sidelines of its opening today, the activities of the second edition of the Japan Kyoto commercial exhibition, which is held at the Dubai World Trade Center, that Japan is the ninth largest commercial partner for the UAE in the world, while the country is the first commercial partner of Japan in the region Gulf. “

He added that: “The UAE and Japan launched in November of last year talks to reach a comprehensive economic partnership agreement, and it is expected that we will complete this agreement before the end of this year, which will open great horizons and provide promising opportunities for the private sector and business community on both sides to build long -term partnerships that contribute to Achieving joint economic growth. “

For its part, Miko Enterprise CEO, Chairman of the Executive Committee of the Japan Commercial Exhibition, May Sakawi, said that “Japan Kyoto’s commercial exhibition in its second edition, constitutes a platform for displaying the innovations of Japanese companies to the business sector and investors in the UAE and the Middle East countries, the opportunity to explore commercial projects And communicate with the main players, industry leaders, buyers and retail dealers in Japan.

She added that “the remarkable growth in the numbers of participants in the second edition of the exhibition, whose number exceeds 100 companies and trademarks, translates the importance of the Emirati market for Japanese companies and its aspiration to expand their business in the region starting from the Dubai and the UAE portal, noting that there are more than 20 Japanese companies. Additional at the exhibition to explore opportunities and study the possibility of participating in the next session.

She explained that the exhibition constitutes an occasion to open new horizons of cooperation and partnership between Japanese and Emirati companies and explore the opportunities available in the UAE markets, in which there are already more than 350 Japanese companies, and according to the data of the Japanese Foreign Trade Authority “Getro”, the largest Japanese export market in the Middle East.