UAE-US Trade Relationship
Over the past decade, trade between the UAE and US grew by more than 40%. Since 2009, the UAE has been the top export market for US goods in the entire Middle East and North Africa (MENA) region.
In 2018, total trade between the two countries totaled $24.5 billion, with the US exporting $19.5 billion to the UAE. The resulting $14.5 billion trade surplus for the US is America’s fourth largest trade surplus globally.
This robust trade relationship reflects the success of the UAE’s increasingly diverse economy, with non-oil sectors accounting for 70% of the UAE’s GDP.
Top categories of US exports in 2018 included: aircraft and spacecraft, electronics, passenger vehicles and precious metals. The UAE trades with all 50 US states, particularly Washington, Texas, New York and California. Trade with the UAE supports more than 116,000 American jobs, strengthening the importance of the continued bilateral trade relationship.
UAE investment and exports to the US also contribute to the American economy. According to SelectUSA, UAE FDI in the US reached $26 billion in 2017, accounting for approximately 11,800 US jobs. Meanwhile, the bilateral trade relationship continues to expand as UAE exports to the US rise. Total 2018 UAE exports to the US totaled $5 billion – a 17.3% increase from 2017.
Top 10 States Exporting to the UAE: