FINANCIAL NEWS

Dubai, Latin America non-oil trade hits USD4.6b

03 Oct 2016

(MENAFN) Dubai’s non-oil trade with Latin America reached USD4.628bn in 2015, according to study conducted by the Dubai Chamber of Commerce and Industry.Additionally, the trade number shows an increase of 26 percent compared with the Dh13.5bn traded in 2010.Moreover, Brazil tops the list of Dubai’s trade partners in Latin America with the non-oil trade between both sides accounting for 67 percent of its whole exports.Recently, Mexico ranked as Dubai’s second-largest non-oil trade partner in Latin America, with the emirate”s mobile device imports reaching almost Dh1.3bn in value.

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