Dubai’s non-oil external trade reaches Dhs1.182 trillion in 2020
3 hours ago The total trade volume in 2020 reached 100 million tonnes, driven by a 6% year-on-year growth in the second half of the year. WAM Dubai’s non-oil foreign trade strongly rebounded from the challenges posed by the global economic repercussions of COVID-19 and the suspension of business activity by countries across the world in the first half of last year to record high growth in 2020.
Boosted by its resilience to global headwinds, as well as its rapid economic recovery and revitalised growth in the second half of the year, Dubai’s foreign trade in 2020 touched Dhs1.182 trillion. Total trade volume in 2020 reached 100 million tonnes, driven by a 6% year-on-year volume growth in the second half of the year. Overall value of exports in 2020 grew 8% to Dhs167 billion while imports accounted for Dhs686 billion and re-exports totalled Dhs329 billion.
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