Imports from the UAE to the Philippines have been keeping merchandize trade ties

between the two countries afloat in the past years, according to data from the Philippine

Consulate General’s Trade and Investment Center.

Merchandise trade between the Philippines and UAE peaked in 2012 at $2.16 billion, of

which $1.94 million was in UAE imports, the bulk being petroleum products; while $220

million was in Philippine exports.

In 2011, UAE imports totaled $1.73 billion a sizeable bulk of the $1.95 billion trade for that

year.

Merchandise trade declined in 2013 at $1.37 billion, further down to $1.21 billion in 2014

and $834 million in 2015, the data showed.

But while this was so, direct foreign investments from the UAE to the Philippines havge

steadily increased from $.46 million in 2008 to $1.66 million during the January to October

period in 2016.

There are three business projects in the Philippines with UAE equity as of November last

year; moreover, there are five UAE companies operating in the country, among them

Emirates Airlines, Etihad Airways, Dnata Wings Aviation, which provide airport ground

handling services; and DP World, which provides port operational services.