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Economic Overview of UAE

UAE is one of the growing economies of the world facilitating trade among various global destinations specially connecting the European region with the Asian land. Its an economy with a growth rate of 6.3% per annum and a GDP of US $248 Billion.

Total export of UAE is amounted to US $157 Billion and mainly includes petroleum gas and petroleum products, whereas the major customers are Japan, South Korea, Thailand and India.

UAE importing goods includes machinery, chemicals & food items whereas, major suppliers are China, Japan, India and Europe.

Posted by: Waleed on Feb 20 2012

Tags: Business

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