UAE-BRICS non-oil trade tops $312 billion

WAM

UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has taken part in a meeting of BRICS trade ministers in Jaipur, India, focused on strengthening trade and economic cooperation between member countries.

During the meeting, the UAE highlighted that its non-oil trade with fellow BRICS countries exceeded $312 billion in 2025, an increase of 28.5 per cent compared with the previous year.

Ministers discussed global trade, market connectivity and challenges facing international commerce, although they were unable to reach agreement on a joint declaration.

Dr Al Zeyoudi also raised the UAE's concerns over attacks on commercial shipping and the continued closure of the Strait of Hormuz, reiterating its call for the waterway to be reopened and for freedom of navigation to be protected.

He also held talks with counterparts from India, China, Egypt, Indonesia, South Africa and Russia, focusing on trade, investment and greater private-sector cooperation.

BRICS countries accounted for around 31 per cent of the UAE's total non-oil foreign trade last year, including 34 per cent of imports and 23 per cent of non-oil exports.

The UAE joined BRICS in 2024. The group also includes Brazil, Russia, India, China, South Africa, Indonesia, Ethiopia, Egypt and Iran.

More from Business

Coming Up on Dubai Eye

  • The Music Mix

    11:00pm - 10:00am

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

  • The Business Breakfast

    10:00am - Noon

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!