Trade between Dubai and Saudi Arabia grew 26 percent to AED30.5 billion in the first half of 2021, making the kingdom the emirate’s biggest trading partner in the Arab world.
China, however, remains the emirate’s biggest trading partner in the world in terms of value – increasing by 30.7 percent to AED86 billion in the six months to July. India is the second largest, with trade value growing 74.5 percent to AED67.1 billion.
Overall, the non-oil foreign trade of Dubai grew 31 percent year-on-year in the first half 2021 to AED722.3 billion, the media office reported.
“This marked growth in trade demonstrates the success of Dubai’s strategic plan to consolidate its position as a global logistics and trade hub that connects the world’s diverse markets,” Hamdan Mohammed bin Rashid Al-Maktoum, Dubai crown prince, said.
Exports value was AED109.8 billion, a 45 percent growth, while imports rose 29.3 percent to AED414 billion. Re-exports were up 28.3 percent to AED198.6 million in the same period.