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Q1 2021 China-Dubai trade grows to $12 billion

By Hilal Mir
June 13, 2021 11:54 am

    • In 2020, the value of trade with China fell by 5.3 percent to Dh142 billion

    • The UAE is also home to thousands of Chinese companies

    China has maintained its position as Dubai’s largest trading partner in the first quarter of 2021 with Dh44 billion ($12 billion) worth of trade, representing a growth of 30 percent.

    In 2020, the value of trade with China had fallen by 5.3 percent to Dh142 billion.

    The UAE is China’s most important trade partner in the Arab world and responsible for 28 percent of total non-oil trade between China and the region.

    The UAE is China’s seventh-largest trading partner and also home to thousands of Chinese companies, including those based in free zones.

    In July last year first China-UAE Economic and Trade Digital Expo was held virtually to boost bilateral trade between the two countries.

    The event saw more than 3,000 exhibitors showcase their products virtually using the latest technology including 3D and augmented reality.

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