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China-UAE economic and trade cooperation: bilateral economic trade sees rapid growth

November 15, 2019


Abstract : In 2018, the bilateral trade volume between China and the United Arab Emirates (UAE) totaled 45.918 billion U.S. dollars, up 12.06 percent year-on-year.

In 2018, the bilateral trade volume between China and the United Arab Emirates (UAE) totaled 45.918 billion U.S. dollars, up 12.06 percent year-on-year. Of these, China's exports were 29.66 billion U.S. dollars, up 3.2 percent year-on-year, and imports reached 16.258 billion U.S. dollars, up 32.8 percent year-on-year. China mainly exports mechanical and electrical products, high-tech products, textile and light industrial products, and mainly imports liquefied petroleum gas, crude oil, refined oil, aluminum and aluminum products. In 2018, China imported 12.2 million tons of crude oil from the United Arab Emirates, up 20.1 percent year on year. Bilateral cooperation in various fields yielded fruitful results. In the first half of 2019, bilateral trade between China and the United Arab Emirates registered 22.66 billion U.S. dollars, up 9.6 percent year-on-year.

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Keyword: China-UAE report

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