Sheikh Mohammed announces the figures via his X account
Dubai: The UAE’s non-oil foreign trade grew by 24 percent in the first half of this year, reaching Dh1.7 trillion — a milestone that underscores the country’s rapid economic expansion.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the figures on his official X account, highlighting that the UAE’s performance far outpaced global trade growth, which averaged just 1.75 percent over the same period.
“Our non-oil foreign trade reached Dh1.7 trillion in the first six months, double the figures from only five years ago,” Sheikh Mohammed said. “Trade with our partners has soared to record levels: up 120 percent along with Switzerland, 33 percent with India, 41 percent with Turkey, 29 percent with the US, and 15 percent with China.”
“These figures reflect the strength of our global economic partnerships and the unprecedented growth of the UAE, under the leadership of my brother, Mohamed bin Zayed,” he added. “They are also a promise that the future will be even more beautiful and greater.”
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox