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

SourceGulf Today
SectorEconomy
CountryUnited Arab Emirates

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 ...read more...