UAE non-oil exports have made their biggest jump ever despite some restrictions and turmoil, which continue to cast a shadow over global trade and caused clear bottlenecks in ports.
Sheikh Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced that the country's non-oil foreign trade reached a record level in 2023, amounting to 3.5 trillion dirhams (about 953 billion dollars). According to these figures, the UAE’s trade in goods and services last year recorded a growth of about 57 percent compared to 2022, when the volume of the country’s non-foreign, non-oil trade reached 2.23 trillion dirhams, according to figures from the UAE Ministry of Economy.
Source (Al-Arab Newspaper of London, Edited)
