An Empirical Study of Indo-UAE Trade Relations Post-Recession 2008

摘要

The study attempted to analyse significances change in Indo-UAE trade since 2008. The concept of trade intensity and other statistical tests are used to examine changes between the two nations with the time horizon 2007 to 2016. Overall results show that the growth rate of India’s trade with UAE has comparatively higher in early period. Secondly the composition of India’s commodity basket reflects the dominance of manufacturing goods in exports and balance of trade is also favorable for India. Thus, there is a need to take some more steps to enhance in trade which is beneficial for both.