Dubai-France trade reaches AED8.5 billion in the first half of 2021

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DP World has completed all formalities for the 100 percent acquisition of Imperial Logistics Limited (Imperial).
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  • The emirate sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according to DP World chairman.
  • Top commodities included jewelry, perfumes, medical products, textiles and leather.

DUBAI: The emirate of Dubai sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according to Sultan bin Sulayem, DP World Group Chairman & CEO.
Sulayem said Dubai has largely managed to mitigate the economic repercussions from the spread of the pandemic and DP World and its terminals around the world are “performing very well”.
He was speaking at a virtual Ertibat meeting with a visiting French diplomatic and business delegation.
The meeting said trade and commercial cooperation between Dubai and France is set to further increase following discussions between the two sides to explore new mutually beneficial opportunities.
Ahmed Mahboob Musabih, Executive Chairman of Ports, Customs and Free Zone Corporation, said, “Our trade sector saw considerable growth in Q1 this year despite many challenges posed by the global pandemic. Dubai’s non-oil external trade grew 10 percent to AED354.4 billion from AED323 billion in Q1 2020. Customs transactions skyrocketed 53.4 percent to 11.2 million in the first half of this year from 7.3 million in the corresponding period in 2020.”
Dubai saw a total trade of AED14.9 billion with France in 2020. In H1 2021, trade between the two sides touched AED8.5 billion. Top commodities included jewellery, perfumes, medical products, textiles and leather, a Dubai government statement said.

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