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

Figures are in US$ Billion

Year
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
   Imports of India from UAE
19.49      
32.75     
36.75      
39.13     
29.02     
26.13     
   Exports of India to UAE
23.97      
33.82     
35.92      
36.31     
30.52     
33.02     
   Total Trade
43.97      
66.57     
72.67      
75.44     
59.54     
59.16     
Source: DGCIS, Ministry of Commerce & Industry, Government of India

Growing India-UAE economic and commercial relations have contributed to the stability and strength of a rapidly diversifying and deepening bilateral relationship between the two countries. Both sides are striving to further strengthen these ties for mutual benefits. India-UAE trade, valued at US$ 180 million per annum in the 1970s, is today around US$60 billion making UAE, India’s third largest trading partner for the year 2014-15 after China and US, with total bilateral trade of USD 59.16 billion, registering a marginal decrease of 0.63% compare to last financial year.

With a sharp fall of 26 % in imports from the UAE to India in FY 2013-14, Saudi Arabia replaced it as the second largest source country for imports into India. In FY 2014-2015 too, UAE ranked third and accounts for 5.83 % of India’s total imports.

Indian exports to UAE rose by 8.2 per cent in FY 2014 – 15 on a y-o-y basis, UAE continued to be the second largest export destination for India constituting 10.64 per cent of India’s total exports.

For UAE, India is the largest trading partner for the year 2014 with an amount of over US$ 28 billion (non-oil trade).

 

Composition of Trade Basket

India’s exports to the UAE are well diversified with a large basket. India’s major export items to the UAE are: Petroleum Products, Precious Metals, Stones, Gems & Jewellery, Minerals, Textiles (Garments, Apparel, Synthetic fibre, Cotton, Yarn) and Engineering & Ships and Boats, Aircrafts and particles thereof.

Sector wise Exports of India to UAE
US$ Million
S.NO. COMMODITY 2013-2014 2014-2015 %GROWTH
1.   Natural or Cultured Pearls, precious or semi-precious stones,
  precious metals, jewellery
12,778.80    
12,280.37     
-3.9         
2.   Mineral fuels and oils, and products
5,039.94    
6,519.64     
29.36         
3.   Apparel and clothing accessories
947.94    
1,507.56     
59.03         
4.   Ships, Boats and Floating structures
1,068.58    
1,181.39     
10.56         
5.   Aircrafts, Spacecraft and particles thereof
1,060.36    
1,068.95     
0.81         
6.   Other Commodities
9,624.80    
10,470.17     
8.78         
                                                   Total
30,520.42     
33,028.08     
8.22         
 
Data Source: Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata (Ministry of Commerce, Government of India)
 
 

India’s major import items from the UAE are:  Petroleum and Petroleum Products, Gems & Jewellery, Minerals, Precious Stones, Copper, Iron & Steel. India also imported 16.00 MMT of crude oil from UAE in 2014-15.

Sector wise Imports of India to UAE
US$ Million
S.NO. COMMODITY 2013-2014 2014-2015 %GROWTH
1.    Mineral fuels and oils, and products
13,263.35    
13,509.04    
1.85       
2.   Natural or Cultured Pearls, precious or semi-precious stones,
  precious metals, jewellery
11,899.69    
8,795.44    
-26.09       
3.   Copper and articles thereof
681.13    
638.7    
-6.23       
4.   Iron and Steel
460.79    
572.48    
24.24       
5.   Aluminum and its articles thereof
427.76    
502.26    
17.42       
6.   Other Commodities
2,287.10    
2,121.99    
-7.21       
                                                   Total
29,019.82    
26,139.91    
-9.92       
Data Source: Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata (Ministry of Commerce, Government of India)
 

UAE Investments in INDIA

There is an estimated USD 10 billion UAE investment in India of which around USD 3.3 billion is in the form of foreign direct investment, while the remaining is portfolio investment. UAE is the 10th largest investor in India in terms of FDI.

UAE’s investments in India are concentrated mainly in five sectors: Construction Development (15.52%), Power (13.09%), Metallurgical Industries (9.90%), Services Sector (9.58%), and Computer Software & Hardware (4.90%).
 
 
This page was last updated on 7th Jan. 2016
 
 
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