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Asharq Al-Awsat
Asharq Al-Awsat
Business
Abu Dhabi - Asharq Al-Awsat

UAE's Foreign Trade Reaches $599 Bn in 2022

The signing ceremony of 22 performance agreements (WAM)

The UAE's foreign trade reached $599 billion in 2022, a growth of 17 percent, announced Vice President, Prime Minister and Dubai Ruler Sheikh Mohammed bin Rashid on Tuesday.

The country exceeded the $544 billion barrier for the first time in history after the country's non-oil foreign trade achieved a growth of 12 percent in 2020, recording $407 billion, and a jump of 28 percent in 2021 to reach $520 billion.

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