UAE as BRICS Trade Hub
In January 2024, the UAE officially joined the BRICS block, and since then, it has achieved significant growth in trade and investment with the member countries. Its non-oil trade with BRICS surpassed $312 billion in 2025, representing a 28.5% increase compared to 2024. China and India are its largest partners, with trade volume with China reaching $111.5 billion, and trade with India increasing by 77.7% to $20.4 billion in 2025. The UAE is strengthening its role as a global trade and logistics hub, participating in BRICS development financing through the bloc’s bank, and developing local currency payment methods to facilitate trade among members, reduce costs, and mitigate exchange rate volatility.
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