Page 395 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

• Iron and steel: -6%

• Automobiles: -1%

Global merchandise trade reached US$24.43 trillion, growing by 2%.
Looking ahead: Resilience amid global challenges

Despite a forecasted 0.2% global trade contraction in 2025, the UAE’s innovation, diversified
economy, and strategic location position it for continued leadership. Regional GDP is expected to
grow by 3.2% in 2025 and 3.5% in 2026, with the UAE contributing significantly through sound
economic planning and infrastructure development.

https://sharjah24.ae/en/Articles/2025/04/20/ZX80