India’s exports to the UAE increased by 17.6 per cent to around USD 18 billion during April-October 2022, as per data shared by the Ministry of Commerce & Industry. The free trade agreement between the countries was implemented on 1 May 2022. However, exports in October 2022 dropped by 18 per cent to about USD 2 billion. Imports from the UAE during April-October 2022 rose by 33 per cent to USD 32.3 billion, the data showed.