Trade and economic cooperation
Trade and economic cooperation between the Republic of Belarus and the UAE is steadily developing.
The volume of the Belarusian-Emirate trade in goods in 2020 amounted to $ 121 million, including Belarusian export in the amount of $ 89.1 million (104.9% compared to the level of 2019). The main export positions in 2020 were petrochemicals and food products.
The volume of bilateral trade in services in 2020 amounted to $129.5 million, including Belarusian exports worth $99.9 million (101.2% compared to 2019).The main types of export services in 2020 were transport services, business services and computer services.
Issues of trade and economic cooperation are regularly considered during the meetings of the Joint Committee on Cooperation between the Government of the Republic of Belarus and the Government of the UAE, the fifth meeting of which was held in July 2020 .
In 2020, direct investments on a net basis in the economy of Belarus from the UAE amounted to $ 19.4 million. The total volume of accumulated UAE investments in the Belarusian economy amounted to more than $ 320 million.