UAE-US Trade Relationship
Over the past decade, trade between the UAE and US doubled. Since 2009, the UAE has been the top export market for US goods in the entire Middle East and North Africa (MENA) region.
In 2017, total trade between the two countries totaled $24.3 billion, with the US exporting $20 billion to the UAE. The resulting $15.7 billion trade surplus for the US is America’s third 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 2017 included: aircraft and spacecraft, phones for cellular networks and wireless networks, 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 119,000 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 $26.3 billion in 2016, accounting for approximately 10,400 US jobs. Meanwhile, the bilateral trade relationship continues to expand as UAE exports to the US rise. Total 2017 UAE exports to the US approached $4.3 billion—a 44% increase since 2015.
Top 10 States Exporting to the UAE: