Page 376 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

UAE foreign trade reaches Dh5.23 trillion in 2024, up

from Dh3.5 trillion in 2021

(WAM file photo)
20 Apr 2025 15:20

DUBAI (WAM)

The United Arab Emirates recorded total foreign trade of Dh5.23 trillion ($1.424 trillion) in 2024, a 49
percent increase from Dh3.5 trillion ($949 billion) in 2021, according to the World Trade
Organisation’s “World Trade Outlook and Statistics” report.

This robust 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 percent growth in merchandise trade and 6.8 percent
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 world of
economic and trade challenges, the UAE has prioritised openness, connectivity, and the free flow of

https://en.aletihad.ae/news/uae/4568008/uae-foreign-trade-reaches-dh5-23-trillion-in-2024--up-
from-d