#Dubai’s non-oil foreign trade delivers solid growth in H1-2019 | ZAWYA MENA Edition

Dubai’s non-oil foreign trade delivers solid growth in H1-2019 | ZAWYA MENA Edition:

Dubai recorded a non-oil foreign trade of AED 676 billion in the first half of 2019, an increase of 5 percent year-on-year from AED 644 billion in the corresponding half last year.

The first-half figures, which represent a staggering growth of 87 percent from 2009, reflect the ability of the emirate’s trade sector to raise its strength and competitiveness despite a challenging global trade environment.

Exports registered the highest rise at 17 percent to reach AED76 billion while re-exports were up 3 percent at AED 210 billion and imports grew 4 percent at AED 390 billion.