The volume of non-oil trade exchange between the UAE and Brazil during 2022 grew by 32.1 percent to US$4.038 billion (equivalent to AED 14.8 billion), compared to US$3.056 billion (AED 11.2 billion) in 2021, according to data from the UAE's the Ministry of Economy (MoE).

Trade exchange between the two countries during the past ten years (2013-2022) rose 43.6 percent, from US$2.81 billion (AED 10.3 billion) in 2013, to US$4.038 billion (AED 14.8 billion) during 2022, to reach US$30.257 billion (AED 111 billion) over 10 years.

The MoE figures showed that the value of re-exports between the UAE and Brazil in 2022 stood at US$478.6 million (AED 1.75 billion), a growth of 84.4 percent as compared to the US$259.5 million (AED 952.3 million) recorded in 2021. The value of imports in 2022 amounted to US$3.68 billion (AED 13.5 billion), a growth of 28.7 percent over 2021, which saw US$2.68 billion (AED9.83 billion) worth of imports. The value of non-oil exports amounted to US$101.1 million (AED 371.03 million), compared to US$109.2 million (AED 400.7 million) in 2021.

Brazil ranked 23rd in the list of UAE's import partners during 2022, and ranked 37th with regard to the UAE's trading partners in the total volume of foreign trade during 2022.

Emirates Global Aluminum, Aabar Investments, Mubadala Development Company, Abu Dhabi Investment Fund, Etihad Airways, Emirates Airlines, DP World and Drydocks World are among the top Emirati companies investing in Brazil.

Wholesale and retail trade, repair of motor vehicles and motorcycles, construction, real estate, financial services, insurance, information and communications are the most important investment sectors for the Emirati investment in Brazil.