Israel reaches record trade increase with Arab States under Abraham Accords – Trade with Jordan increased by 54 percent from last year amounting to $55 million | I24news
Trade between Israel and the United Arab Emirates reached $201.4 million in May 2022, a 130 percent increase compared to May 2021, Abraham Accords Peace Institute announced.
According to the institute’s June newsletter, trade with Jordan increased by 54 percent from last year amounting to $55 million, followed by Egypt with a 41-percent increase and $23.6 million. Morocco reached $3.1 million in trade deals with the Jewish state in May, marking a 94-percent increase from 2021. Meanwhile, Israel’s trade with Bahrain went from none to $1.2 million within a year.
According to the institute’s June newsletter, trade with Jordan increased by 54 percent from last year amounting to $55 million, followed by Egypt with a 41-percent increase and $23.6 million. Morocco reached $3.1 million in trade deals with the Jewish state in May, marking a 94-percent increase from 2021. Meanwhile, Israel’s trade with Bahrain went from none to $1.2 million within a year.
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