On 12 February 2020, the U.S. Department of Commerce’s Census Bureau, Foreign Trade Division released its annual U.S. trade statistics for 2019.
The U.S. continues to enjoy a large trade surplus with the United Arab Emirates. The value of U.S. exports to the U.A.E. in 2019, which reached $20.03 billion, continued to exceed outgoing American products to other key regional trade partners last year, including: Israel ($14.37 billion), The Kingdom of Saudi Arabia ($14.28 billion), Turkey ($10.04 billion), and Egypt ($5.48 billion).
U.S. exports to the U.A.E. supported an estimated 120,000 American jobs in 2019*
The U.S. had a $15.7 billion trade surplus with the U.A.E. – the U.S.’s third largest globally in 2019
U.A.E. exports to the U.S. reached $4.35 billion in 2019
*Calculated using the U.S. Department of Commerce jobs multiplier of 5,967 jobs per $1 billion in exports
- The U.S. and the U.A.E. conducted $24.4 billion in total trade in 2019 compared to $24.55 billion in 2018
- Total U.S. exports to the U.A.E. were $20.03 billion in 2019 – an increase of 2.67% from $19.51 billion in 2018
- Total U.A.E. exports to the U.S. reached $4.35 billion in 2019 compared to $5.00 billion in 2018
- Monthly U.S. exports to the U.A.E. in 2019 peaked in September at $1.94 billion
- Monthly U.A.E. exports to the U.S. in 2019 peaked in June at $511.6 million
For more information, please click here to view the U.S. Census Bureau’s latest bilateral trade data.