Page 416 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
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4/23/25, 3:31 PM UAE foreign trade reaches AED5.23 trillion in 2024, up from AED3.5 trillion in 2021
The UAE climbed from 17th to 11th globally in merchandise exports and from 18th
to 14th in imports between 2021 and 2024, contributing 2.5 percent to global
merchandise exports and 2.2 percent to imports. Exports reached US$603 billion
(AED2.2153 trillion), and imports totalled US$539 billion (AED1.9802 trillion) in
2024.
The UAE ranked 21st globally in digital services exports, valued at US$52 billion
(AED191 billion) in 2024, up from US$37 billion in 2021 and US$48 billion in
2023. Total digital services trade reached US$94 billion (AED345 billion),
comprising one-third of services trade. Digital services imports, at US$42 billion
(AED154 billion), also ranked 21st, contributing 1.1 percent to global imports,
reinforcing the UAE's role as a technology hub.
Services trade totalled AED1.036 trillion (US$282 billion) in 2024, with exports of
AED646.6 billion (62.4 percent) and imports of AED389.4 billion. Information
services grew by 14 percent, tourism by 13 percent, computer services by 12
percent, financial services by 9 percent, and transport, intellectual property, and
insurance services by 8 percent each, contributing 26.4 percent to global trade, the
highest share since 2005.
The UAE accounted for 41.4 percent of the Middle East's US$1.5 trillion
merchandise exports, with regional exports growing by 3.7 percent and services by
4.1 percent in 2024. Globally, the UAE contributed 2 percent to services exports
and 1.3 percent to imports, with service exports of US$176 billion (AED646.6
billion) and imports of US$106 billion (AED389.4 billion).
The UAE advanced from 17th to 13th in services exports and from 19th to 21st in
services imports between 2021 and 2024, with services comprising 20 percent of
total trade.
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