United Arab Emirates (UAE) government data has shown that South Africa is the UAE’s second-largest trading partner in Africa, accounting for nearly 8% of the UAE’s non-oil trade. Within the GCC, the UAE is now one of South Africa’s import partners, holding a 38% share of the region’s trade.
These figures echo a general trend of growing trade between the two nations, which experiences a growth surge of 45% between 2020 and 2023, reflecting a shared commitment from both nations to strengthen economic links. In 2023 alone, South Africa’s imports from the UAE reached USD$4-billion, while its exports to the UAE stood at USD$2.53-billion, says the duo.
Investment flows between the two…
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