Page 293 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/24/25, 10:43 AM UAE’s Non-Oil Foreign Trade Reaches AED3 Trillion in 2024, Marking a 14.6% Growth
UAE’s Non-Oil Foreign

Trade Reaches AED3

Trillion in 2024, Marking

a 14.6% Growth

SHAHBA MAYYERI - 05 FEB 2025

The UAE’s non-oil foreign trade has reached an all-time high of AED2.997 trillion in
2024, marking a 14.6% annual increase compared to 2023, according to Dr. Thani bin
Ahmed Al Zeyoudi, Minister of State for Foreign Trade.

The growth significantly outpaces the global trade average of 2.4%, underscoring the
nation’s robust economic strategy.

Dr. Al Zeyoudi highlighted that this milestone represents 75% of the AED4 trillion
target set in the We the UAE 2031 vision, with seven years still remaining. A key driver
of this growth is the increasing contribution of non-oil exports, which surged by 27.6%

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