What does the Middle East trade?

The Middle East is a significant player in global trade, primarily exporting oil and gas, which are crucial energy resources. In addition to hydrocarbons, the region also trades in agricultural products, textiles, and machinery. Countries like the United Arab Emirates and Saudi Arabia have diversified their economies and are increasingly involved in technology and financial services. Conversely, the region imports machinery, chemicals, and food products to meet its growing domestic demand.