Dubai – Mubasher: Dubai is able to overcome the challenges that are facing international trade and the global economy, crown prince of Dubai and chairman of the Executive Council Hamdan bin Mohammed bin Rashed Al Maktoum said.
“Dubai has been able to raise the trading volume and value of foreign non-oil trade, and continues to be a leading hub for regional and international trade and business," a statement said, citing Al Maktoum.
Dubai’s foreign non-oil trade in the first quarter of 2017 increased 2.7% to AED 327 billion, he stated.
Imports grew 3% to AED 201 billion, while exports reached AED 35 billion, and re-exports levelled up 5% to AED 91 billion.
Dubai’s foreign non-oil trade goods reached 24 million tonnes, of which 15.84 million tonnes were imports, 3.84 million tonnes were exports, and 4.24 million tonnes were re-exports.
Dubai's direct foreign trade in the first quarter of 2017 amounted to AED 209 billion, increasing 3.5%, as free zones trade reached AED 108.5 billion, and bond warehouse trade grew 31% to AED 9.1 billion
