Dubai’s non-oil foreign trade rises to $362.3bn in 2014


By Andy Sambidge

Dubai’s non-oil foreign trade rose marginally to AED1.331 trillion ($362.3 billion) in 2014 from AED1.329 trillion the previous year, it was announced on Monday.

The small increase was driven by a notable boost in its trading with China which topped Dubai’s foreign trade partners with a trade value of AED175 billion, up 29 percent from 2013.

Previously Dubai’s No 1 trade partner, India came second with a value of AED109 billion, followed by the United States at AED83 billion.

Saudi Arabia was Dubai’s fourth largest trading partner globally and first in the Arab world with a total trade value of AED52 billion, news agency WAM reported. More info