Page 350 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/23/25, 4:36 PM In numbers: UAE foreign trade soars Dhs5.23tn in 2024
In numbers: UAE foreign trade soars Dhs5.23tn in 2024

The UAE ranked 11th globally in merchandise exports and 13th in services exports last year

BY GULF BUSINESS FOLLOW US
APRIL 21, 2025

Image: WAM/ For illustrative purposes

The UAE’s total foreign trade hit Dhs5.23tn ($1.424tn) in 2024 — up 49 per cent from Dhs3.5tn in 2021, according to
the WTO ’s latest World Trade Outlook and Statistics report.

The surge cements the UAE’s status as the top trade hub in the Middle East and Africa and among the world’s top
20 trade centres for goods and services.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai,
emphasised the UAE’s role as a global trade hub, saying, “In a world of economic and trade challenges, the UAE
has prioritised openness, connectivity, and the free flow of trade, capital, and people, establishing itself as a vital link
between East and West and a global economic centre.”

The numbers
Trade surplus: Dhs492.3bn in 2024
Merchandise exports: Dhs2.22tn

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