Gulf-Japan trade surplus drops 49% in May
Gulf countries experienced a decline in their trade surplus with Japan, as the surplus decreased by over 49% in May 2025, reaching $1.93 billion compared to $3.92 billion last year. The value of trade exchange also dropped by 40.5%, with Gulf exports to Japan declining by more than 43%, due to geopolitical tensions and their impact on maritime navigation and supply chains. The UAE accounted for the largest share of Japanese imports among the Gulf countries, while Kuwait and Qatar recorded trade deficits with Japan during the same period.
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