FINANCIAL NEWS

UAE non-oil trade reaches USD 0.42tr in 2015

20 Apr 2016

(MENAFN) The UAE’s non-oil foreign trade reached USD 0.42tr, almost 68 percent of the whole trade volume in 2015, while free zone trade crossed USD 135.28bn.

Furthermore, the whole non-oil trade in the past year viewed a remarkable stability due to the economic diversification and falling oil contribution to GDP.

In addition, this reaffirms the power of the UAE economy and its ability to meet the challenges and implications of various financial and economic issues.

On the other hand, exports increased 17 percent over the past year which reflects the quality of the industry and its regional products.

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