UAE's non-oil foreign trade reaches record AED1.937 trillion amid CEPA expansion
Here's what it means for you.
The UAE's remarkable growth in non-oil foreign trade signals a robust expansion of its economic partnerships, which is crucial for businesses looking to tap into new markets. The diversification of export markets through Comprehensive Economic Partnership Agreements (CEPAs) enhances the UAE's global competitiveness, making it an attractive hub for international trade. This trend is likely to create new opportunities for local businesses and foreign investors alike. As the UAE continues to strengthen its trade relationships, stakeholders should monitor the evolving landscape of international commerce, particularly with countries in Asia, Africa, and Europe. The implications of these agreements could reshape supply chains and influence market dynamics in the region.
What happened
The UAE's non-oil foreign trade has reached a record AED1.937 trillion in the first half of 2026, marking a significant milestone in its economic development. This surge is largely attributed to the expansion of the UAE's Comprehensive Economic Partnership Agreements (CEPAs), which have been instrumental in diversifying export markets. The country has signed a total of 38 CEPAs since September 2021, enhancing its global trade network.
In the same period, non-oil exports amounted to approximately AED452.8 billion, reflecting a strong growth trajectory in foreign trade activities. Recent agreements with nations such as Gabon, the Republic of the Congo, and Ukraine further illustrate the UAE's strategic approach to broadening its trading partnerships.
The Context
The UAE's commitment to expanding its global trade presence is evident through its extensive network of CEPAs, which cover markets across Asia, Africa, and Europe. The launch of the CEPA program in September 2021 has set the stage for this ambitious expansion, allowing the UAE to reinforce its position as a pivotal trade hub. The agreements not only facilitate trade but also enhance economic resilience by diversifying the UAE's trading partners.
Trade with countries where CEPAs are in force has reached AED304.3 billion, showcasing the immediate impact of these partnerships. Additionally, bilateral trade between the UAE and Canada reached approximately US$4.2 billion in 2025, highlighting the effectiveness of the UAE's strategy in fostering international relationships.
Takeaway
Looking ahead, the UAE's ongoing efforts to diversify its trade partnerships are expected to bolster its economic resilience and global competitiveness. Stakeholders should closely monitor the impact of new CEPA agreements on the UAE's export growth, particularly as the country continues to forge new trade relationships. Developments in trade relations with African and European countries will be crucial in shaping the future of the UAE's economic landscape.
As the UAE solidifies its role in global supply chains, new opportunities for the private sector are likely to emerge, further enhancing the nation's economic position.
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