Page 393 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

UAE foreign trade hits AED5.23 trillion in 2024

April 20, 2025 / 7:54 PM

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Sharjah 24 – WAM: The United Arab Emirates recorded a total foreign trade of AED5.23 trillion
(US$1.424 trillion) in 2024, a 49 percent increase from AED3.5 trillion (US$949 billion) in 2021,
according to the World Trade Organisation’s “World Trade Outlook and Statistics” report.

Reinforcing regional and global trade leadership

This significant growth reinforces the UAE’s position as the top trade hub in the Middle East and
Africa since 2014, and one of the world’s top 20 centres for goods and services trade. The country’s
performance highlights resilience amid global uncertainties and increasing tariffs.

Sheikh Mohammed highlights UAE’s trade strategy

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler
of Dubai, emphasised the UAE’s focus on openness, global connectivity, and free trade as a means
of strengthening its global role. He noted that the UAE acts as a key link between East and West.

Key trade statistics and rankings

The WTO report highlighted several milestones:

• Total foreign trade: AED5.23 trillion in 2024

• Trade surplus: AED492.3 billion

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