Japan maintains its robust performance in trade with UAE

August 6, 2014 3:50 am

Japan maintained its robust performance in the trade with the UAE in 2013. In the overall trade, UAE was Japan’s 8th largest trading partner in the world in 2013, behind China, USA, South Korea, Australia, Taiwan, Thailand and Saudi Arabia. By meeting nearly 23% of the total crude oil requirements of Japan, UAE remained to be Japan’s 2nd largest supplier of crude oils after Saudi Arabia, which covered 31.83% of Japan’s total crude oil imports. Mineral fuels formed 98.5 % of Japan’s imports from the UAE in 2013. The remaining small portion was comprised of semi-finished aluminium, scrap metals, precious stones and metals, electrical machinery, readymade garments, plastics, backing related goods, perfumes and cosmetics. The value of imports from the UAE fell by 3.3% to $42.53bn in 2013, from $43.31bn in 2012.UAE was Japan’s 5th largest supplier of products in general, covering 5.11% of her total imports.