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Media Center - UAE-India Relations - UAE-India Bilateral Relations
SECTION - UAE-INDIA RELATIONS
UAE-India Bilateral Relations

India – UAE Bilateral Trade and Investment Relations
(Value in Million USD)
Year
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
   Export
7348  
8592  
12022  
14021  
24477  
23970  
   Import
4641  
4354  
8650  
12916  
23791  
19499  
   Total Trade
11989  
12946  
20672  
26937  
48268  
43469  
   Percentage growth
66.85  
7.98  
59.69  
40.7  
65.8  
-9.94  
Date Source: DGCIS, Ministry of Commerce & Industry, India

Major Items Of Trade in Goods

UAE Exports
Petroleum & petroleum products, gold & silver, metal ores & metal scrap, sulphur and unroasted iron pyrites and pearls, precious and semiprecious stones.

UAE Imports
RMG cotton including accessories, gems & jewellery, manmade yarn, fabrics, manufacturers of metals, cotton yarn, marine products, machinery & instruments, plastic & linoleum products, tea and meat & preparations.

Key Facts

UAE is now India's number one trading partner, outstripping China and USA.
The total bilateral trade between the two countries for the financial year 2009-2010 was USD 43.47 billion.
UAE accounts for about half of India's total trade in the Gulf region.
Of the 5 million population of UAE, 30 per cent (1.75 million) are Indian and 1.2 million inhabit in Dubai and Northern Emirates.
Indians constitute 42.5% of the labour force in UAE.
Total remittances to India from the UAE in 2008-09 was USD 10-2 billion, (which comes through traceable/officials channels) which is around one third of all the total remittances from the GCC which is around USD 32-35 billion.
There are approximately 636 flights per week between UAE and India from various destinations. Out of this UAE airlines operate about 345 flights per week which represents 54% of total flights operated in the sector.

 

UAE Investment in India
UAE is the 10th largest foreign direct investor in India with the total cumulative investments of more than USD 6.5 billion in India through FDI and FII routes.

 
 
 
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Embassy of the United Arab Emirates
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