Abu Dhabi and India trade jumps 94% in 2024

The Abu Dhabi Forum – India for Business, organized by the Department of Economic Development in Abu Dhabi, in cooperation with the Abu Dhabi Chamber of Commerce and Industry, and the Federation of Indian Chambers for Trade and Industry (FICCI), stressed the importance of partnership and discussed ways to enhance trade and investment relations between the two countries.

“India is one of our largest commercial partners, and since the signing of the comprehensive economic partnership agreement between the UAE and India in 2022, the non -oil trade between the Emirate of Abu Dhabi and India is witnessing strong and accelerated growth, as it increased by 13.7% in 2023, and then witnessed a significant increase of 94% in 2024.”.

The forum – which was held in Abu Dhabi and witnessed by the Minister of Trade and Industry in India, Bush Goyal, and a number of senior officials and leaders of the government and private sectors – highlighted the strength of the partnership, and discussed ways to enhance it in various sectors, based on the achievements achieved within the framework of the comprehensive economic partnership agreement between the UAE and India.

Al -Zaabi said that the falcon economy provides promising opportunities in sectors and areas characterized by high growth potential, such as food, agricultural technology, financial services, and advanced industry.

The comprehensive economic partnership agreement between the UAE and India aims to raise the volume of trade exchange to 100 billion dollars by 2030. In 2024, non -oil trade exchange increased by 20.5%, to exceed 240 billion dirhams (65.4 billion dollars), compared to 199.3 billion dirhams (54.3 billion dollars) in 2023.

During the first half of 2025, non -oil trade between the two countries increased by 33.9%, to 138 billion dirhams (37.6 billion dollars).