Strong Economic Partners
With one of the most open and innovative economies in the world, the United Arab Emirates is a dependable and significant economic partner of the United States. The UAE is the US’ largest export market in the Middle East region — a distinction the UAE has held for eight straight years. Since 2002, bilateral trade has grown more than 80 percent, exceeding more than $25 billion in 2016.
Beyond trade, UAE investments in the US support the creation of local jobs and provide liquidity to capital markets that spur innovation and advancements in many sectors, including aerospace and manufacturing, high technology, real estate and logistics.
More than 1,500 US firms have a presence in the UAE, from Bechtel to ExxonMobil and Starbucks to Cold Stone Creamery. Major global companies — such as Lockheed Martin, General Electric, Boeing, Heinz, Northrop Grumman, General Motors, Microsoft, FedEx and Halliburton – recognize the opportunities offered by the UAE economy, and many base their headquarters and regional offices in Abu Dhabi and Dubai.