The UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with a total value of $142.5bn, according to the Arab Monetary Fund (AMF).
According to the AMF’s Joint Arab Economic Report, the UAE’s manufacturing industry exports account for 43.9 percent of overall Arab exports of manufacture, owing to strong growth in the field of re-exports.
Manufacturing industry exports in Arab countries totalled $325bn in 2021, up from $244bn in 2020, a 33.2 percent increase due to unwinding of COVID-19 restrictions.
UAE manufacturing
The report added that Saudi Arabia comes second to the UAE with approximately $69bn and a 21.2% stake, followed by Morocco with $19.9bn and a 6.1% share, while Egypt had a 6.1% share.
Tunisia has 4%, Bahrain 2.2%, Jordan 2.1%, Kuwait 2%, and Algeria 1.1%. Lebanon has 0.8%, Libya has 0.5%, Palestine has 0.5%, Djibouti has 0.5%, and Iraq has 0.1%.
In line with the Abu Dhabi Industrial Strategy, the smart manufacturing technology will help boost growth and increase competitiveness.
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