UAE-India non-oil trade surges by 15.3% | ZAWYA MENA Edition – ZAWYA

  • Date: 14-Jun-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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UAE-India non-oil trade surges by 15.3% | ZAWYA MENA Edition – ZAWYA

Non-oil exports and re-exports from the UAE to India in 2019 was $14.7 billion while imports from India were valued at $26.7 billion. The non-oil bilateral trade between the UAE and India surged 15.3 per cent to $41.4 billion (Dh151.6 billion) in 2019, firmly positioning the third Asian economy as the second largest trading partner of the Emirates, which recorded an overall 4,4 per cent jump in its global non-oil trade to Dh1.603 trillion last year.. India was also the third top global destination for non-oil re-exports from the UAE in 2019.. China remained Dubai's largest trading partner, contributing Dh109 billion, a six per cent increase.. India was the second biggest trading partner, contributing Dh100 billion, a growth of 16 per cent..