Page 467 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/23/25, 4:21 PM UAE maintains trade leadership and competitiveness: Al Zeyoudi
US$42 billion (Dhs154 billion), also ranked 21st, contributing 1.1 per cent to global imports,
reinforcing the UAE’s role as a technology hub.

Services trade totalled Dhs1.036 trillion (US$282 billion) in 2024, with exports of Dhs646.6 billion
(62.4 per cent) and imports of Dhs389.4 billion. Information services grew by 14 per cent, tourism by
13 per cent, computer services by 12 per cent, financial services by 9 per cent, and transport,
intellectual property, and insurance services by 8 per cent each, contributing 26.4 per cent to global
trade, the highest share since 2005.

The UAE accounted for 41.4 per cent of the Middle East’s US$1.5 trillion merchandise exports, with
regional exports growing by 3.7 per cent and services by 4.1 per cent in 2024. Globally, the UAE
contributed 2 per cent to services exports and 1.3 per cent to imports, with service exports of US$176
billion (Dhs646.6 billion) and imports of US$106 billion (Dhs389.4 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 per cent of total trade.

In 2024, merchandise sectors grew, with office equipment and telecommunications at 10 per cent,
electronics at 6 per cent, and agricultural products, food, and clothing at 3 per cent each.

WAM

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