The National on Nostr: UAE's first-half non-oil foreign trade hits record $381bn on growing Cepa deals ...
UAE's first-half non-oil foreign trade hits record $381bn on growing Cepa deals
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UAE's non-oil foreign trade reached Dh1.4 trillion ($381.5 billion) in H1 2024; trade with India rose by 10%, Turkey by 15%, and Iraq by 41%; non-oil exports surged 25% year-on-year; non-oil exports contributed 18.4% to total trade; Sheikh Mohammed bin Rashid noted exports in H1 2024 equaled pre-Covid-19 annual levels; UAE aims for Dh4 trillion in foreign trade by 2031; Cepa agreements with India, Turkey, Israel, Indonesia, Cambodia, and Georgia boost trade; Dr. Thani Al Zeyoudi emphasized UAE's resilience amid global trade slowdown; re-exports reached Dh345.1 billion, growing 2.7% year-on-year; non-oil imports climbed to Dh800 billion, up 11.3% year-on-year.
#Uae #ForeignTrade #Cepa #Economy #Exports #Imports #TradeAgreements #Iraq #India #Turkey
https://www.thenationalnews.com/business/economy/2024/08/25/uaes-first-half-non-oil-foreign-trade-hits-record-381bn-on-growing-cepa-deals/
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UAE's non-oil foreign trade reached Dh1.4 trillion ($381.5 billion) in H1 2024; trade with India rose by 10%, Turkey by 15%, and Iraq by 41%; non-oil exports surged 25% year-on-year; non-oil exports contributed 18.4% to total trade; Sheikh Mohammed bin Rashid noted exports in H1 2024 equaled pre-Covid-19 annual levels; UAE aims for Dh4 trillion in foreign trade by 2031; Cepa agreements with India, Turkey, Israel, Indonesia, Cambodia, and Georgia boost trade; Dr. Thani Al Zeyoudi emphasized UAE's resilience amid global trade slowdown; re-exports reached Dh345.1 billion, growing 2.7% year-on-year; non-oil imports climbed to Dh800 billion, up 11.3% year-on-year.
#Uae #ForeignTrade #Cepa #Economy #Exports #Imports #TradeAgreements #Iraq #India #Turkey
https://www.thenationalnews.com/business/economy/2024/08/25/uaes-first-half-non-oil-foreign-trade-hits-record-381bn-on-growing-cepa-deals/