FINANCIAL NEWS

Dubai’s non-oil trade jumps USD 263.04bn

03 Jan 2016

(MENAFN) Dubai’s non-oil foreign trade continued a steady trend despite fall in oil and precious metal prices, including gold, as it reached USD 263.04bn.

However, imports accounted for the hugest share of whole trade with a value of USD 162.564bn, decreasing 3.86 percent.

On the other hand, exports increased 18 percent to whole USD 27.23bn, while re-exports fell 3.92 percent to whole USD 73.24bn.

Accordingly, Dubai’s non-oil foreign trade in 2014 totaled USD 269.03bn, with imports having the biggest share at USD 169.09bn, exports at USD 23.41bn and re-exports USD 76.24bn.

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