UAE sets Russian oil products import record

UAE sets Russian oil products import record
© Photo: Maria Novoselova / Vestnik Kavkaza

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.

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