UAE gold, diamond trade in 2018 totals AED258.4 billion

  • Date: 16-Jan-2020
  • Source: Emirates 24/7
  • Sector:Oil & Gas
  • Country:UAE
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UAE gold, diamond trade in 2018 totals AED258.4 billion

The gold and diamond trade accounted for around 15.8 percent of the UAE's total non-oil trade in 2018, valued at AED1.628 trillion, according to statistics from the Ministry of Economy.. With the ongoing growth in the gold and diamond trade, the country was ranked first in the region in precious metal exports and re-exports in 2018..