UAE's Non-Oil Foreign Trade Reaches Record Dhs1.4tn in H1 2024
UAE Non-Oil Trade Overview
UAE’s non-oil foreign trade has remarkably hit a record Dhs1.4 trillion during the first half of 2024. This surge reflects a robust economic landscape and expanding trade relations. The non-oil exports to the top ten partners have significantly increased by 28.7%. Additionally, trade with all other nations also saw a rise of 12.6%.
Trade Partners and Impacts
The significant trade growth underscores the UAE's strategic position in global markets. Overall, the leadership in non-oil exports indicates thriving industrial and economic sectors, proving resilience in the current global economic climate. For further insights into this development, please refer to official trade statistics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.