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All news / Trade turnover between Russia and the UAE increased by 68 percent

  • 21 Feb 2023, 10:19

Trade turnover between Russia and the UAE in 2022 reached a record high: it grew by 68%, to $ 9 billion, Denis Manturov, Deputy Prime Minister of the Russian Federation and Minister of Industry and Trade, told reporters.

"Partnership between our countries is developing on the rise, and this positive trend is reflected in the statistics of Russian-UAE trade. According to our data, in 2022, trade between Russia and the UAE increased by 68% and reached $9 billion. This is a record level in the history of relations between our countries," he said.

Manturov also clarified that the volume of exports from Russia to the UAE increased by 71%, to $8.5 billion, and imports - by 6%, to $500 million. "The UAE has retained its first place among the countries of the Arab world in terms of trade with the Russian Federation," the Deputy Prime Minister stressed.

Source: ria.ru