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FINANCIAL NEWS
Dubai’s non-oil trade reaches USD 86.83bn
16 Jun 2016
(MENAFN) Dubai’s non-oil trade stood at USD 86.83bn in the first quarter of this year, while imports contributed to USD 53.35bn, exports at USD 9.79bn.
Moreover, the volume of traded goods climbed to reach 17 percent, compared to the same period last year which stood at 24mn tons.
Additionally, the notable increase was the result of re-export commodities soaring 35 percent to 4.1mn tons; exports of goods rising by 26 percent to 4.58mn tons.
Meanwhile, China topped Dubai’s trading partners with trade value USD 10.61bn in Q1 2016, while India came second with USD 6.53bn worth of trade.
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