In 2023, Taiwan sold USD 2.14 billion of goods to United Arab Emirates and bought USD 474 million from it. In 2023, Taiwan sold USD 55.7 million of mineral fuels and oils to United Arab Emirates and bought USD 30.6 million from it. In 2023, Taiwan sold USD 610 million of electrical and electronic equipment to United Arab Emirates and bought USD 44.3 million from it.
Benefits
BothTwo-way trade in agricultural and food products grew 176 percent, from USD 22.9 million in 2019 to USD 63.3 million in 2023.
BothTwo-way trade in machinery, vehicles and iron and steel grew 65 percent, from USD 525 million in 2019 to USD 869 million in 2023.
BothTwo-way trade in electrical and electronic equipment grew 68 percent, from USD 390 million in 2019 to USD 654 million in 2023.
Constraints
BothFlows are one-sided: in 2023, Taiwan sold USD 2.14 billion of goods, against USD 474 million the other way.
BothTwo-way trade in mineral fuels and oils fell 77 percent, from USD 376 million in 2019 to USD 86.3 million in 2023.
BothFlows are one-sided: in 2023, Taiwan sold USD 811 million of machinery, vehicles and iron and steel, against USD 57.7 million the other way.