UAE Remains Largest U.S. Export Market in MENA Region for 9th Straight Year
(3 months ago)
WASHINGTON, Feb. 13: The United Arab Emirates remains the United States' top export destination for the entire Middle East and North Africa (MENA) region for the ninth year in a row, according to the Census Bureau's Foreign Trade Division at the U.S. Department of Commerce.
•The U.S. and the UAE conducted $24.3 billion in total bilateral trade
•The U.S. enjoyed a $15.7 billion trade surplus with the UAE - the United States' 3rd largest globally
•U.S. exports to the UAE reached a total of $20 billion
◦U.S. exports to the UAE supported 119K American Jobs*
•UAE exports to the U.S. reached a total of $4.3 billion
With one of the most open and innovative economies in the world, the UAE is a dependable and significant economic partner of the United States. Total bilateral trade doubled over the past decade, from $12.1 billion in 2007 to $24.3 billion last year. The UAE trades with all 50 U.S. states, supporting jobs across the country.