Wednesday, 2 December 2020

#Dubai external trade doubled ten times to $346bln since 2000 | ZAWYA MENA Edition

Dubai external trade doubled ten times to $346bln since 2000 | ZAWYA MENA Edition

Dubai non-oil external trade has doubled about ten times between 2000 and 2019 rising from AED143 billion in 2000 to AED1.271 trillion in 2019. In the first half of 2020, Dubai trade made around AED551 bn, according to trade figures released by Dubai Customs on the occasion of the UAE 49th National Day celebrations.

The figures reflected the significant role the oldest government department played in developing and enhancing Dubai and the national economy through the years.

In its long journey, Dubai Customs has gone through different stages of development. In the 1970’s, it established Customs Centres to control Dubai’s sea, air and land ports. These included coastal customs centres at Dubai Creek, Port Rashid and Jebel Ali Customs Centre.

With the development of airports, customs centres were established at Dubai International Airport, Al Maktoum Airport, Air Cargo Customs centres, among others.

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