UAE’s non-oil foreign trade rises to $136 billion in Q1 2022 for the first time in the nation’s history – Arabian Business

UAE’s non-oil foreign trade rises to $136 billion in Q1 2022 for the first time in the nation’s history – Arabian Business

UAE’s non-oil foreign trade in the first quarter of 2022 came close to $136 billion (AED 500 billion) for the first time in the country’s history.

The UAE recorded a 20.5 percent year-on-year growth in non-oil trade to AED 499.7 billion in the first three months of 2022, compared to AED 414.6 billion recorded in the same period of 2021.

According to the Federal Competitiveness and Statistics Centre, the UAE’s non-oil trade is also up 26.3 percent compared to the same period in 2019.