ABU DHABI, The United Arab Emirates remains in 2017 the United States’ top export destination for the entire Middle East & North Africa (MENA) region for the ninth year in a row, according to the Census Bureau’s Foreign Trade Division at the US Department of Commerce.
During the year, the UAE and the US conducted US$24.3 billion in total bilateral trade The U.S. enjoyed a $15.7 billion trade surplus with the UAE � the United States’ 3rd largest globally. US exports to the UAE reached a total of $20 billion, with US exports to the UAE supporting 119K American Jobs – the figure is calculated using the U.S. Department of Commerce jobs multiplier (5,967 jobs per $1 billion in exports).
UAE exports to the US reached a total of $4.3 billion in 2017.
With one of the most open and innovative economies in the world, the UAE is a dependable and significant economic partner of the United States. Total bilateral trade doubled over the past decade, from $12.1 billion in 2007 to $24.3 billion last year. The UAE trades with all 50 U.S. states, supporting jobs across the country.
Source: Emirates News Agency