In 2024, Greek exports of goods to the UAE recorded a decrease of 7%, amounting to €368 million (+15% excluding petroleum products). Greek imports of goods fell by 71%, down to €108 million (-7% excluding petroleum). The value of bilateral trade in goods declined by 38% to €476 million (+8% excluding petroleum), while the surplus in favour of Greece in bilateral goods trade increased to €260 million.

Key facts:

In recent years, the UAE has been one of the most significant sources of investment flows into Greece. Specifically, net FDI (Foreign Direct Investment) from the UAE to Greece amounted to €107 million in 2023, an increase of 52% compared to the previous year. The UAE ranked 14th among the most important sources of investment capital, representing 2.1% of total foreign investments.

As new trends in trade emerge, retailers are called upon to reconsider their practices and strategic positioning.