Dubai’s non-oil external trade reaches Dhs551 billion in H1 2020

  • Date: 12-Oct-2020
  • Source: Gulf Today
  • Sector:Economy
  • Country:UAE
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Dubai’s non-oil external trade reaches Dhs551 billion in H1 2020

Dubai's non-oil external trade reaches Dhs551 billion in H1 2020

2 hours ago

Imports accounted for Dhs320 billion, exports Dhs77 billion, and re-exports stood at Dhs154 billion. WAM

Business Bureau, Gulf Today

Dubai recorded Dhs551 billion worth of non-oil external trade in the first half of 2020. The emirate's ability to minimise the impact of the pandemic-induced global economic slowdown on its trading sector reflects its exceptional logistics infrastructure, which enabled it to maintain uninterrupted trade flows and a streamlined supply chain.

Imports accounted for Dhs320 billion, exports Dhs77 billion, and re-exports Dhs154 billion. A total volume of 44 million tonnes of goods were traded through Dubai including 30 million tonnes of imports, 8m tonnes of exports and 6m tonnes of re-exports.

Sultan Bin Sulayem, DP World Group Chairman & CEO and Chairman