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Article: Japanese exports to UAE surge on rising demand for machinery.
- Article from:
- Gulf News (United Arab Emirates)
- Article date:
- November 6, 2008
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Dubai: Fuelled by rising demand for transport equipment and electrical machinery, Japan's exports to the UAE climbed by 33.1 per cent to $8 billion (Dh29.4 billion) in 2007, compared to $6 billion in 2006.
Overall, commerce between the two countries surged by 7.2 per cent, from $37.6 billion in 2006 to $40.3 billion in 2007, according to statistics released by the Japan External Trade Organisation (Jetro) in Dubai.
The UAE was Japan's largest market for export products among the Gulf Co-operation Council (GCC) countries, accounting for 37.5 per cent of the export pie. Exports of transport equipment to the UAE alone rose by 44.6 per cent to $3.71 billion ...