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8/27/24, 2:56 PM Statement on UAE's non-oil foreign trade, H1 2024
Statement on UAE's non-oil foreign trade, H1 2024
Monday, August 26, 2024/ Editor - Share
Home >> Government, Legal & Humanity
His Excellency Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade
“The United Arab Emirates has placed foreign trade at the center of our economic
agenda, recognizing its pivotal role in driving industrial output, enhancing the global
competitiveness of our products and services, and catalyzing innovation. As a direct
result of this conviction and guided by our leadership's forward-thinking vision and
commitment to global collaboration, our non-oil foreign trade continues to set new
milestones. The value of our non-oil trade has remained on a robust growth
trajectory, reaching an all-time high of AED1.395 trillion in the first half of 2024 – the
sixth consecutive half-year period of foreign trade growth.
“This new milestone marks an 11.2% increase in foreign trade compared to H1 in
2023 and underscores the success of the UAE's economic diversification strategies.
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