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UAE-Zhejiang trade hits $16.75b in 2024
Gulf Today
|September 27, 2025
The United Arab Emirates participated on Friday in the Digital Economy International Cooperation Matchmaking Conference, held alongside the Global Digital Trade Expo in Hangzhou, China.
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Speaking at the conference, Muhannad Sulaiman Al Naqbi, UAE Consul-General in Shanghai, said that the UAE is Zhejiang province's largest trading partner in West Asia, with bilateral trade reaching $16.75 billion in 2024. Trade continued to grow in the first half of 2025, rising 19.8 percent year-on-year to $9.34 billion.
Al Naqbi added that exports of electric vehicles from Zhejiang's Ningbo port to the UAE surged nearly 272.97 percent in HI 2025 to 3.68 billion yuan, making the UAE the port's top export market for EVs.
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