UAE UK TRADE & INVESTMENT RELATIONS

The UAE is the UK’s 18th largest trading partner, 14th largest export market and 20th largest import market.  Bilateral trade in 2017 was £17.5bn, up 12.3% from 2016.  The UAE-UK Business Council has committed to help increase bilateral trade and investment to £25bn by 2020.

In 2017, UK exports to United Arab Emirates amounted to £11.1bn (an 8.0% increase from 2016) while UK imports from United Arab Emirates were £6.4bn (a 20.8% increase from 2016). 

Of all UK exports to United Arab Emirates in 2017, £7.6bn (68.8%) were goods and £3.5bn (31.2%) were services. Of all UK imports from United Arab Emirates in 2017, £4.3bn (66.8%) were goods and £2.1bn (33.2%) were services.

British companies operating

There are over 5,000 British companies operating in the UAE, including BP, Shell, Rolls Royce, BAE Systems, Mott McDonald, SERCO, Standard Chartered, HSBC and John Lewis / Waitrose. 779 commercial agencies and 4,762 British brands have invested in the UAE.

The majority of the UAE population is made up of expatriates, with over 100,000 UK residents. In 2016 14.9 million people visited the UAE, of which 1.25 million were from the UK.  50,000 Emiratis visited the UK.

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