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4/23/25, 4:36 PM UAE foreign trade reaches AED5.23 trillion in 2024 - Yemen Online |
UAE Foreign Trade Reaches AED5.23 Trillion
In 2024
2025-04-20 19:13:22
The UAE foreign trade touched AED5.23 trillion ($1.424 trillion) in 2024, a 49 per cent increase
from AED3.5 trillion ($949 billion) in 2021, according to the World Trade Organisation's latest
report.
The growth reflects the UAE’s strategic economic vision, reinforcing its position as the leading
trade hub in the Middle East and Africa since 2014 and among the top 20 global trade centres
for goods and services.
In a global trade environment marked by 2.9 per cent growth in merchandise trade and 6.8 per
cent in services trade in 2024, the UAE’s performance underscores its resilience amid rising
tariffs and uncertainties.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of
the UAE and Ruler of Dubai, emphasised the UAE’s role as a global trade hub, saying, “In a
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