- According to the official page of the Spanish Foreign Trade Institute in its last update in October 2019, the value of Emirati exports to Spain during the year 2019 amounted to about € 370 million, which assumes an increase in the value of exports by 15.8% compared to 2018, as it was in that year 339 million Euro, while the value of Spanish exports to the UAE in 2019 amounted to € 1.536 million, which means an increase in the value of Spanish exports compared to 2018 by 10.4%.
- More than 100 Spanish companies are present in the UAE, in reference to the UAE's transformation into the largest market for Spanish companies in the Middle East and the Gulf region.
- These data indicate that the trade balance is still skewed in favor of Spain by € 1.166 million, noting that the metallurgical sector issued in the last update of the list of products exported to the UAE by 113.016.61 million euros, followed by the defense and security sector by 88.737.69 million euros.
- The state constitutes an investment factor for Spanish companies, as they take advantage of the opportunities offered by the state in the sectors of energy, technology and the environment, which are the leading economic sectors in Spain.
- It is worth noting that Etihad Airways and Emirates Airlines operate 5 direct flights between the UAE and the Kingdom of Spain to connect Dubai - Abu Dhabi - Madrid - Barcelona. The following is the link for information on the trade balance in its latest update https://bit.ly/3fTzhE2
