Page 417 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/23/25, 3:31 PM UAE foreign trade reaches AED5.23 trillion in 2024, up from AED3.5 trillion in 2021
In 2024, merchandise sectors grew, with office equipment and telecommunications

at 10 percent, electronics at 6 percent, and agricultural products, food, and clothing

at 3 percent each. Industrial goods rose by 2 percent, and chemicals and textiles by

1 percent, while fuel and mining products fell by 7 percent, iron and steel by 6

percent, and automobiles by 1 percent. Global merchandise exports grew by 2

percent, reaching US$24.43 trillion.

The UAE's achievements reflect its strategy of innovation and diversification,

positioning it to navigate a forecasted 0.2 percent decline in global merchandise

trade in 2025. Contributing to a 1.6 percent regional GDP growth in 2024, with

projections of 3.2 percent in 2025 and 3.5 percent in 2026, the UAE remains

resilient. Its economic policies, strategic location, and advanced infrastructure

solidify its role as a global trade hub.

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