Kuwait’s investments in the UAE predominantly focus on real estate, tourism, telecommunications and textiles
The United Arab Emirates (UAE) and Kuwait have cultivated a robust economic partnership, as evidenced by their growing trade exchange over the past decade. Between 2013 and 2022, the total trade exchange between the two countries amounted to a substantial AED317 billion ($86.31 billion). This figure includes AED63 billion in imports, AED85.5 billion in non-oil exports, and AED168.5 billion in re-exports.
Steady growth in trade
Over the course of 10 years, trade exchange between the UAE and Kuwait witnessed a remarkable surge, registering a 120.5 percent increase. In 2022 alone, trade exchange reached AED44.1 billion, marking a growth of over 14.5 percent compared to the previous year. This surge included AED7.5 billion in imports, AED14.3 billion in non-oil exports, and AED22.3 billion in re-exports.
In 2013, trade amounted to AED23.3 billion. Imports were recorded at AED5.4…