The India-UAE free trade agreement, which came into force in May 2022, has helped the bilateral trade to cross $100 billion, Commerce and Industry Minister Piyush Goyal said on Friday.
India, UAE Trade Pact Helps Boost Bilateral Trade To Cross $100 Bn: Goyal
The Comprehensive Economic Partnership Agreement (CEPA) with the UAE acts as a gateway to Africa, other GCC and Middle Eastern countries, CIS (Commonwealth of Independent States) countries and some European countries
India, UAE Trade Pact Helps Boost Bilateral Trade To Cross $100 Bn: Goyal
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The Comprehensive Economic Partnership Agreement (CEPA) with the UAE acts as a gateway to Africa, other GCC and Middle Eastern countries, CIS (Commonwealth of Independent States) countries and some European countries.
Bilateral merchandise trade has grown strongly, crossing $100 billion, with services trade also rising steadily and opening new markets and greater value, he said in a social media post.
The bilateral trade stood at $101.25 billion in 2025-26 compared to $100.03 billion in 2024-25.
The trade, he said, has expanded in key sectors like gems and jewellery, engineering goods, electronics, and agriculture.
During 2025-26, India's exports to the UAE rose about 2% to $37.36 billion, while imports were up 0.77% to $63.89 billion, resulting in a trade deficit of $26.53 billion.
Foreign direct investment from the UAE into India stood at $2.45 billion during April-December 2025-26. It was $4.34 billion in 2024-25.