Dubai exports surge 22% in 2019 to $42bln – ZAWYA

  • Date: 02-Mar-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Dubai exports surge 22% in 2019 to $42bln – ZAWYA

Non-oil external trade last year grew 19 percent in volume from 91 million tons in 2018 to reach 109 million tons in 2019.. Re-exports rose by a record 48 percent to reach 17 million tons, while exports rose by 45 percent to 19 million tons and imports grew by 9 percent to 72 million tons.. The figures capped a prosperous decade for Dubai from 2010-2020, during which external trade grew by 70 percent.. Land trade grew by 11 percent contributing Dh228 billion, air trade rose by 5 percent to Dh641 billion and sea trade increased by 4 percent to Dh502 billion.. Bin Sulayem said Dubai Customs is continuously evolving to facilitate greater trade and provide more exceptional service to its customers.. The number of customs transactions completed by Dubai Customs grew by a record 34 percent in 2019 to 13 million from 9.7 million in 2018.. The highest traded commodity by value in 2019 was gold, jewellery and diamonds which contributed Dh370 billion, a growth of 7 percent from 2018..