We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Mon 10 Sep 2012 04:35 PM

Font Size

- Aa +

UAE-China trade up 10% to $15.6bn in 2011

Asian giant is Gulf state's second largest trade partner; key exports include plastic and metals

UAE-China trade up 10% to $15.6bn in 2011

Trade between the UAE and China grew 10 percent to US$15.6bn
during 2011, according to figures released by the Gulf country’s Ministry of
Foreign Trade.

The government department said that China maintained its
status as the UAE’s second largest trade partner, with main imports being
electronic appliances and devices, as well as iron and steel.

Key exports to China included plastics and their products,
copper and its products and iron and iron-based products.

In 2002, foreign trade between the two countries stood at
just US$3.1bn.

In June this year, Chinese foreign minister Yang Jiechi said
that the world’s second largest economy was looking to grow trade with Arab
nations by 50 percent by 2014, or US$300bn across the entire Arab world.

Arabian Business digital magazine: read the latest edition online