Dubai’s non-oil foreign trade rose 6% to Dh1.37tr in 2019

Dubai’s non-oil foreign trade rose 6% to Dh1.37tr in 2019

Sheikh Hamdan says Dubai's external trade has contributed significantly to the emirate's economic achievements.. In terms of value, Dubai's external trade hit Dh1.371 trillion last year compared to Dh1.299 trillion in 2018.. In terms of volume, non-oil external trade surged 19 per cent from 91 million tonnes in 2018 to reach 109 million tonnes last year.. The figures capped a prosperous decade for Dubai from 2010-2020, during which external trade grew by 70 per_cent.. Dubai's foreign trade out of free zones in 2019 was a major contributor to the overall increase, accounting for Dh592 billion, a 11 per cent increase year-on-year.. Land trade grew by 11 per cent contributing Dh228 billion, air trade rose by five per cent to Dh641 billion and sea trade increased by 4 per cent to Dh502 billion.. Bin Sulayem said Dubai Customs is continuously evolving to facilitate greater trade and provide more exceptional service to its customers..