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FINANCIAL NEWS
Dubai’s non-oil foreign trade hits grows 12% in H1
28 Aug 2012
(MENAFN) Official data showed that Dubai’s non-oil foreign trade grew by 12 percent to USD163.9 billion during the first half of 2012, compared to USD146.16 billion a year earlier, Arabian Business reported.
Dubai Customs Director General Ahmed Butti Ahmed said that the Gulf emirate’s exports increased by 13 percent to USD66.68 billion in the period, while imports rose by 11.5 percent USD97.17 billion.
Dubai’s main imports included unwrought, worked and semi-manufactured gold, followed by jewelry, diamonds, telecom equipment and automobiles.
Gold was also ranked as the top exported product from Dubai during H1, followed by diamonds, jewelry and precious metals.
India remained Dubai’s biggest foreign trading partner, accounting for 13 percent of the emirate’s total trade, followed by China, the US, Switzerland and Saudi Arabia.
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