Aluminium tops Dubai’s exports to Japan; automobiles lead imports
Dubai’s non-oil foreign trade with Japan reached AED 41.82bn US$ 11.4bn) in 2017. Imports totaled AED 38.35bn (US$ 10.44bn), while exports stood at AED 2.69bn (US$ 0.73bn) and re-exports at AED 780mn (US$ 0.22bn).
According to recent data released by Dubai Customs, in tandem with the UAE-Japan Strategic Business Forum, held by the Ministry of Economy in Tokyo in early March 2017, aluminium tops Dubai’s exports to Japan at AED 2.519bn (US$ 0.686bn), accounting for approximately 94% percent of the emirate’s total exports to the Japanese market.
Automobiles, on the other hand, lead Dubai’s imports from Japan with a trade share worth AED 18.186bn (US$ 4.95bn), roughly 47.5% of its total imports from Japan.
“Japan is one of Dubai’s major trading partners and gaining more and more importance as Dubai advances in the deployment of high-tech technologies, robots and artificial intelligence, industries where Japan excels as one of the world’s top producing countries,” said Ahmed Abdul Salam Kazim, Director, Strategy and Corporate Excellence, Dubai Customs.
