Russia-UAE Trade Turnover Reaches $10 Billion in 2024

17 February

The trade turnover between Russia and the United Arab Emirates (UAE) amounted to approximately $10 billion in 2024, Russian First Deputy Prime Minister Denis Manturov announced at the IDEX-2025 defense exhibition.

 

“The trade turnover between our countries reached around $10 billion last year. This positive trend has been consistent over the past few years, with a steady increase and an expanding range of traded goods,” Manturov stated.

 

He also emphasized Russia’s focus on developing industrial partnerships to ensure long-term trade stability.

 

In October 2024, Russian President Vladimir Putin noted that trade between Russia and the UAE had tripled over the past three years.

 

 

GSV "Russia - Islamic World"

Photo: Federation Council

Based on TASS materials