Page 474 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

Strong start to 2025: Trade surges by 25%

Preliminary figures show that the UAE’s foreign trade surged by 25 percent in January 2025,
continuing the upward trajectory seen in recent years.
UAE among top exporters of digital services

The minister noted that the UAE ranked among the top exporters of digital services in 2024. Key
sectors fueling this growth include finance, hospitality, transport, and information services, with
expansion rates ranging from 9 to 14 percent.

Global trade outlook: Modest recovery expected
According to the WTO, global goods trade is projected to contract by 0.2 percent in 2025 due to
existing tariffs, with a modest 2.5 percent rebound anticipated in 2026. In contrast, global trade in
services is forecasted to grow by 4 percent in 2025 and 4.1 percent in 2026.

Services reach highest share of global trade since 2005

The report also highlighted that in 2024, global trade in goods rose by 2.9 percent and services by
6.8 percent, while global GDP grew by 2.8 percent. The value of goods exports hit US$24.43 trillion,
and services climbed to US$8.69 trillion — accounting for 26.4 percent of global trade, the highest
share since 2005.

https://sharjah24.ae/en/Articles/2025/04/21/Al-Zeyoudi-UAE-maintains-global-trade-leadership