Dubai’s non-oil trade up 54 per cent

07 September 2008

Dubai’s non-oil foreign trade increased by 54.3 per cent in the first half of 2008, or AED104.4bn ($28.4bn), to reach AED296.6bn.

Imports to Dubai rose by 52.7 per cent during the first half of 2008 compared to the same period in 2007, to AED206.2bn, according to statistics released by Dubai World’s statistical department.

According to the figures India is Dubai’s biggest trading partner, with imports and bilateral trade reaching AED24.1bn in the first six months of 2008. China, which was previously Dubai’s biggest trading partner, has fallen to second place with imports and bilateral trade with Dubai of AED23.8bn, while the US was the third largest trading partner.

Exports from Dubai grew by 59.1 per cent to AED20.1bn.

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