UAE trade surplus to climb 15% in 2010

13 June 2010

The UAE ministry of foreign trade has said that trade surplus for 2010 is expected to rise 15% from 2009, Reuters has reported. Non-oil exports in 2010 were set to jump 23% from 2009 and re-exports were forecast to rise 13%, Abdulla Al Saleh, director general at the ministry said. UAE surplus stood at $16.1bn in 2009, while exports and re-exports totalled $209.6bn.

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