UAE sets Russian oil products import record

The United Arab Emirates stepped up its buying of Russian oil products in 2023, as the volume of its purchases from Russia increased fourfold - from $237.8 million up in 2022 to $971.4 million.

The UAE exports of Russia's coal have also increased to $75.3 million.

Mutual trade turnover between Russia and the UAE reached $11.2 bln in 2023, hitting a record level, according to the UAE Ministry of Economy.