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Propelled by increased exports of motor vehicles, Japan maintained its robust performance in the trade with the U.A.E. in 2013.
In the overall trade, U.A.E. was Japan’s 8th largest trading partner in the world in 2013, behind China, USA, South Korea, Australia, Taiwan, Thailand and Saudi Arabia.
By meeting nearly 23 per cent of the total crude oil requirements of Japan, U.A.E. remained to be Japan’s 2nd largest supplier of crude oils after Saudi Arabia, which covered 31.83 per cent of Japan’s total crude oil imports.
Mineral fuels formed 98.5 per cent of Japan’s imports from the U.A.E. in 2013. The remaining small portion was comprised of semi-finished aluminium, scrap metals, precious stones and metals, electrical machinery, readymade garments, plastics, backing related goods, perfumes and cosmetics.
The value of Japan’s crude oil imports from the U.A.E. amounts to 79.39 per cent of the total value of Japan’s imports from the U.A.E. in 2013. In terms of volume, Japan’s crude oil imports from U.A.E. increased by 3.23 per cent to 301.43 million barrels in 2013, compared to 291.99 million barrels in 2012.