UAE-China non-oil trade reached Dhs1.72 trillion in the last 10 years

UAE-China non-oil trade reached Dhs1.72 trillion in the last 10 years

The non-oil trade between the UAE and China increased by 78.5 per cent from 2012 to 2021, totalling Dhs223.5 billion by the end of 2021 compared to Dhs125.1 billion in 2012. According to figures from the Federal Competitiveness and Statistics Centre (FCSC), during this reporting period, the total value of their non-oil trade exceeded Dhs1.72 trillion, including imports valued at Dhs1.53 trillion, non-oil exports valued at Dhs64 billion, and re-exports valued at Dhs121 billion. UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has sent a congratulatory message to President Xi Jinping of the People’s Republic of China on the occasion of his country’s National Day, which is marked on October 1st. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent similar message to the Chinese President. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, also sent congratulatory message to Chinese Premier Li Keqiang, on the occasion. The FCSC’s figures also showed that the non-oil trade exchange between the UAE and China in the first quarter of 2022 totalled Dhs118.4 billion, consisting of imports valued at Dhs102.7 billion, non-oil exports valued at Dhs5.5 billion, and re-exports valued at Dhs9.8 billion.