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UAE oil makes up nearly a third of Japan’s November 2020 imports

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Oil from the United Arab Emirates made up a total of 27 percent of Japan’s oil imports in November 2020, as reported by state news agency WAM.

The Asian country purchased 19 million barrels from the UAE in November out of a total 69.14 million barrels, according to data from the Agency for Natural Resources and Energy in Tokyo.

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The UAE is one of Japan’s top oil suppliers, exporting around 62 percent of its crude oil to the island.

Oil and gas directly contributes to around 30 percent of the UAE’s gross domestic product (GDP).

Relations between the two countries have long been warm, with Japan being one of the first to recognize the UAE after its founding in 1971.

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