Page 419 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

This robust growth reflects the UAE’s strategic economic vision, reinforcing its position as the
leading trade hub in the Middle East and Africa since 2014 and among the top 20 global trade
centres for goods and services.
In a global trade environment marked by 2.9 percent growth in merchandise trade and 6.8 percent
in services trade in 2024, the UAE’s performance underscores its resilience amid rising tariffs and
uncertainties.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler
of Dubai, emphasised the UAE’s role as a global trade hub, saying, “In a world of economic and
trade challenges, the UAE has prioritised openness, connectivity, and the free flow of trade, capital,
and people, establishing itself as a vital link between East and West and a global economic centre.”

5.23 نويليرت 3.5 ـب ةنراقم ، 2024 يف ملاعلا عم ةيمدخلاو ةيعلسلا تاراملإا ةراجت يلامجإ )رلاود نويليرت 1.424 ( مهرد نويليرت
2021 يف مهرد© Provided by Emirates News Agency (WAM)

H.H. Sheikh Mohammed bin Rashid Al Maktoum highlighted key achievements from the WTO
report:

• Foreign trade reached AED5.23 trillion in 2024, with a trade surplus of AED492.3 billion,
positioning the UAE as a driver of international trade.
• The UAE ranked 11th globally in merchandise exports and 13th in services exports.

• Services exports totaled AED646.6 billion, including AED191 billion in digital services, comprising
30 percent of service exports.

• Merchandise exports amounted to AED2.22 trillion in 2024.

https://www.msn.com/en-ae/money/economy/uae-foreign-trade-reaches-aed5-23-trillion-in-
2024-up-from-aed3-5-trillion-in-2021/ar-AA1DgpO7?ocid=BingNewsSerp