Dubai non-oil foreign trade at AED 966 billion from January to September 2015

Dubai’s non-oil foreign trade was worth AED 966 billion during the first nine months of 2015. Imports comprised the lion’s share, accounting for more than half a billion, while exports and re-exports totaled AED 369 billion. Direct trade contributed over AED 600 billion of the city’s total foreign trade value, while free zones brought in AED 340 billion. According to the government, Dubai has managed to contain the impact of an unstable global economy and the decline in oil prices. China was the top trading partner of the emirate, with a total bilateral trade value of AED 132 billion, followed by India and the US.

More from Business News