Skip to main content

UAE-Israel trade already tops last year

The increase in bilateral trade follows the signing of a trade agreement.

GIUSEPPE CACACE/AFP via Getty Images
A pair of shoes worth $19.9 million are seen during the launch presentation at the Dubai Marina on Oct. 11, 2019, in Dubai. — GIUSEPPE CACACE/AFP via Getty Images

Trade between the United Arab Emirates and Israel has increased considerably this year, according to recent comments from an Israeli diplomat. 

Israel’s ambassador to the UAE, Amir Hayek, tweeted Thursday that bilateral trade during the first seven months of 2022 reached $1.407 billion. In the entirety of 2021, trade amounted to $1.221 billion. These figures exclude software, Hayek said. 

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in