Dubai non-oil foreign trade reaches AED 676 billion in H1

123 RF / Markus Mainka

Non-oil foreign trade in Dubai was valued at AED 676 billion in the first half of 2019.

That's according to authorities, who say that's five per cent more than the same time last year.

The first-half figures also represent a mammoth growth of 87 per cent from 2009.

China has remained Dubai's largest trading partner.

Meanwhile, there's been a 20 per cent year-on-year growth in trade with India.

Saudi Arabia maintained its position as Dubai’s largest Arab and GCC trade partner and fourth globally with AED 27.7 billion.

The total volume of Dubai's foreign trade reached 56 million tonnes in the first half of 2019.

Dubai Customs says the figure represents a 31 per cent year-on-year growth.

More from Business

  • Ethiopia to open stock exchange in drive for investors

    Ethiopia was set to launch a stock exchange on Friday, the latest step in Prime Minister Abiy Ahmed's attempts to liberalise the struggling economy.

  • Supreme Court to hear fight over looming US ban on TikTok

    Facing a looming ban in the United States, TikTok's fate will be in the hands of the Supreme Court in a case being argued on Friday that pits free speech rights against national security concerns over the widely used short-video app owned by Chinese company ByteDance.

  • Nvidia criticizes reported Biden plan for AI chip export curbs

    Nvidia criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing US leader should not "preempt incoming President Trump" by enacting a last-minute policy.

  • UAE advances tech cooperation with US partners at CES 2025

    During his participation at CES 2025 in Las Vegas, a premier global technology event held in Las Vegas, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has met with senior US officials and business leaders, as the UAE and the US continue to explore ways to strengthen their strategic cooperation in advanced technology and innovation.

Coming Up