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UAE Yemen's Largest Arab Trading Partner iIn 2010

Source: Emirates News Agency 12/17/2011, Location: Middle East

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The UAE emerged as Yemen's largest trading partner among Arab countries in 2010 with 444.3 billion Yemeni Riyals of exchange between the two countries. Yemen's imports from the UAE reached 375.3 Yemeni Riyal in 2010 and exported 87.2 billion Yemeni Riyals to the Gulf country in the same year, according to Basheer Al-Qudsi, director general of trade statistics department at Yemen's Central Statistical Center.

The UAE was followed by Saudi Arabia with 219 billion Yemeni Riyals out of which 165.5 billion Yemeni Riyals were imports and 53.4 billion Yemeni Riyal in exports. The UAE and Saudi Arabia also emerged as the largest Arab importers of Yemeni goods, which include fish, Squid, prawns, honey, coffee beans and fruits.

In 2010, Yemen imports, which are led by foodstuff, electronics, furniture, textiles, equipment, and spare parts from the two countries, increased 92.1 billion Yemeni Riyals year-on-year to reach 734.1 billion Riyals.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  Gas Export  General  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Asset Portfolio Management  Economics/Financial Analysis  Gas Export  General  Investment  Mergers and Acquisitions 


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