UAE’s non-oil trade with Ethiopia hit $1.4 billion in 2022 while over the past ten years it grew 180%, with the total value non-oil trade of the two countries exceeding AED34 billion ($9.3 billion) between 2013 and 2022. Meanwhile, in 2022 alone, the two countries recorded AED5.113 billion in non-oil trade, more than double the figure in 2013. Non-oil productsThe UAE exported non-oil products worth AED773 million to Ethiopia a 4.5% increase over the previous year, with re-exports reaching AED2.033 billion a 8.6% rise, and imports totalling AED2.307 billion. Top three importsThe UAE’s top three imports from Ethiopia in the previous year were raw gold, meat and coffee. Raw gold imports amounted to more AED2 billion, while meat and coffee imports were valued at AED207 million and AED43 million, respectively.

Source: Ethiopian News August 20, 2023 14:28 UTC