The UAE remains India’s second largest apparel market, even as exports to the country have recorded a significant drop in 2017-18. According to a report by India’s credit rating agency ICRA, a slowdown in exports to UAE is one of the reasons for overall apparel exports showing a negative trend. Exports to India’s number one market USA have increased only marginally in the last fiscal. Exports to UK have also been impacted due to the BREXIT situation. And exports to UAE have recorded a fall of around 25 per cent compared to the previous year. UAE’s overall textile and apparel imports have been declining since 2014. In 2014, textile and apparel imports into UAE amounted to AED 24.10 bn. In 2015, imports were down 1.91 per cent to AED 33.17 bn. In 2016, imports fell 11.59 per cent to AED 29.32 bn, and further by 7 per cent to AED 27.28 bn in 2017.