Page 410 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
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4/23/25, 3:31 PM UAE foreign trade hits $1.42tn in 2024 as goods and services boom - Arabian Business: Latest News on the Middle East, Real Esta…
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said: “Driven by
visionary leadership and a commitment to economic openness, innovation, and global
integration, the UAE has solidified its status as a global trade hub.
“Ranking 11th in merchandise exports and 13th in services exports, with a trade surplus of
AED492.3bn, the UAE achieved merchandise exports of AED2.22tn services exports of
AED646.6bn, including AED191bn in digital services, reflecting 30 per cent growth and
leadership in future-oriented sectors.
“These achievements stem from national efforts, flexible policies, and strong international
partnerships. The UAE will continue to enhance its global role by facilitating trade,
expanding collaborations, and integrating with global value chains.”
The UAE achieved a trade balance surplus of AED492.3bn ($134bn) in 2024, down slightly
from AED573.1bn in 2023, reflecting stability amid global challenges.
Exports totalled AED2.8619tn, against imports of AED2.3696tn, per 2021–2024 statistics.
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