According to Emirates News Agency (WAM) , China has remained the top trade partner of the United Arab Emirates (UAE) for three straight years from 2014 to 2016.
The total China-UAE trade amounted to 520.6 billion Emirates Dirhams (AED) ($141.74 billion) during the 2014-2016 period, the report said, quoting statistics from the UAE Ministry of Economy.
The China-UAE trade totalled 170.2 billion AED in 2016, down slightly from 174.6 billion AED in 2015 and 175.8 billion AED in 2014.
India came second with a total trade volume of 386.4 billion AED from 2014 to 2016. The India-UAE trade reached a new record of 131.8 billion AED in 2016.
The United States ranked third in the list of UAE's trade partners, with a total trade volume of 312.6 billion AED during the 2014-2016 period. The US-UAE trade reached a new record of 111.1 billion AED in 2016.
Saudi Arabia was the UAE's fourth trade partner, with a total trade volume of 231 billion AED from 2014 to 2016. The Saudi-UAE trade amounted to 71.6 billion AED in 2016.
In the fifth place, Germany had a trade volume of 171.8 billion AED with the UAE during the same period. The Germany-UAE trade reached a new high of 59.1 billion AED in 2016. (Source: China Daily)
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