UAE-India trade soars 57% to $20.4b in H1

22 Nov 2010

(MENAFN) The Analysis and Trade Information Department at the UAE�s Ministry of Foreign Trade (MoFT) released a report showing that non-oil trade exchange between the UAE and India grew by 57 percent to $20.4 billion during the January-June period of 2010, compared to the corresponding period of 2009, Khaleej Times reported.

According to the report, data shows that during the mentioned period, the UAE was India�s largest trading partner in terms of India�s total trade exchange, whereas the UAE is the largest recipient of Indian exports which grew by 24.4 percent to reach $9.9 billion in the same period year to year.

The report also revealed a positive shift from a deficit during the first half of 2009 worth around $2.9 billion, to a surplus, in favor of the UAE, worth $571 million, during the first half of 2010.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on as a development site.