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UAE-Canada partnership projects 12.7 billion dollars in exports by 2033

Agreement targets 99 percent tariff liberalisation and 8.7 billion dollars in GDP contribution.

Bilateral trade documentation and shipping containers representing international commerce.Photograph by Fred dendoktoor on Pexels

The UAE-Canada trade partnership is forecast to generate 12.7 billion dollars in UAE exports to Canada by 2033, with 99 percent of trade subject to tariff liberalisation. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the partnership would add 8.7 billion dollars to UAE GDP by 2033. The figures were disclosed on 7 January 2025.

Tariff liberalisation scope#

The agreement covers 99 percent of bilateral trade flows between the two countries. Tariff elimination applies across goods categories under the partnership framework. The liberalisation schedule and product coverage were set out in the announced terms. Implementation is structured to reach full effect by the 2033 target date. Al Zeyoudi disclosed the tariff coverage figure as part of the partnership announcement.

GDP contribution estimate#

The partnership is projected to add 8.7 billion dollars to UAE gross domestic product by 2033. The estimate reflects the cumulative economic effect of increased trade flows and tariff removal over the period. Al Zeyoudi announced the GDP figure on 7 January 2025. The calculation includes direct trade effects and related economic activity generated by the partnership.

Export projection basis#

UAE exports to Canada are forecast to reach 12.7 billion dollars by 2033 under the partnership terms. The projection assumes full implementation of the 99 percent tariff liberalisation and reflects anticipated trade growth over the period. Al Zeyoudi stated the export figure as part of the partnership disclosure. The 2033 target date aligns with the full implementation timeline for the tariff schedule.

Partnership announcement#

Al Zeyoudi disclosed the partnership terms and projections on 7 January 2025. The announcement included the export target, GDP contribution estimate and tariff liberalisation coverage. The partnership framework sets out the implementation schedule and product scope for the tariff elimination. The disclosed figures represent the forecast of the partnership's economic effect over the period to 2033.

Sources1 source across 1 domain

  1. snabusiness.comSNA BusinessUAE-Canada partnership projects 12.7 billion dollars in UAE exports by 2033, 8.7 billion dollars GDP contribution, 99 percent tariff liberalisation, announced by Al Zeyoudi

Each source above carries the claim it supports. Links open the publisher's own page; their text is not reproduced here beyond what the claim requires, and their rights remain theirs.

Filed underuae canada tradetariff liberalisationexport forecasttrade partnershipgdp contribution

MENA Trade is published by Arabian Media Network. Pieces are produced by the Agreements Desk with AI-assisted synthesis of the cited sources and automated verification against the network's editorial policy. Every piece carries a desk rather than a reporter. Corrections are recorded on the piece and on the corrections page.

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