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UAE non-oil trade stood at AED18.3trn over 50 years

Abu Dhabi / WAM

The total value of UAE’s non-oil trade over the past 50 years stood at AED18.3 trillion ($5 trillion), including AED11.8 trillion in imports, AED2.2 trillion in non-oil exports, and AED4.3 trillion in re-exports, according to the Federal Competitiveness and Statistics Centre (FCSC).
The contribution of non-oil exports and re-exports to the UAE’s total non-oil foreign trade grew from 24% in 1999, to 36 percent in 2010, and 43% and 44% in 2019 and 2020 respectively, indicating
a significant growth in the UAE’s non-oil foreign trade.
In terms of value, over the past ten years imports grew by 5.8% on average, non-oil exports by 13.3% and re-exports by 9.6%, bringing the total value of the UAE’s non-oil foreign trade in 2020 to AED1.4 trillion ($382 billion). In comparison, UAE’s total non-oil foreign trade in 1971 stood at AED1.1 billion, in 1991 at AED69.2 billion, and in 2011 at AED927.6 billion.

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