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    Home » Mohammed bin Rashid: UAE non-oil foreign trade exceeded AED1.7 trillion in H1 2025 – Business – Economy and Finance
    United Arab Emirates

    Mohammed bin Rashid: UAE non-oil foreign trade exceeded AED1.7 trillion in H1 2025 – Business – Economy and Finance

    Kuwaiti TribuneBy Kuwaiti TribuneJuly 31, 2025No Comments5 Mins Read
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    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has stated that the UAE, beneath the management of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has continued on its path to turn out to be a serious buying and selling nation, a dependable buying and selling accomplice for the world’s largest economies and a gateway to facilitate commerce flows all over the world.

    In a tweet on the “X” platform, His Highness stated, “As we speak, I reviewed our non-oil overseas commerce information for the primary half of 2025. Within the first six months of this yr, we achieved greater than AED1.7 trillion, with a file development of 24% in comparison with the primary half of 2024, which itself was an distinctive yr for our nationwide economic system. We recorded double what we achieved within the first half of 2021 and continued the unprecedented growth in our commerce with historic development charges of 59.5% and 37.8% in comparison with the primary half of 2022 and 2023, respectively.”

    His Highness Sheikh Mohammed bin Rashid Al Maktoum added, “In September 2021, we launched the Complete Financial Partnership Settlement (CEPA) programme to broaden our community of buying and selling companions all over the world. Our non-oil overseas commerce continues to reap the advantages of this programme, beneath which we now have concluded 28 agreements so far, 10 of which have entered into drive. This implies we will supply unhindered customs entry to markets the place almost 3 billion shoppers dwell.”

    His Highness Sheikh Mohammed bin Rashid Al Maktoum praised the UAE’s non-oil exports, which elevated their contribution to whole non-oil overseas commerce to 21.4% for the primary time within the nation’s historical past, in comparison with 18.4% within the first half of 2024.

    The UAE’s non-oil overseas commerce for the interval from January 1 to June 30 2025 confirmed the continuation of its upward trajectory, recording about AED1.728 trillion (equal to USD$470.3 billion), with a development of 24% year-on-year, in comparison with the primary half of 2024, and development on a semi-annual foundation of 9.1% in comparison with the second half of 2024.

    The UAE’s non-oil overseas commerce continued to realize file and unprecedented development charges, recording a rise of 37.8% and 59.5% within the first half of 2025 in comparison with the identical interval in 2023 and 2022 respectively. Commerce output is double the determine achieved within the first half of 2021 and was greater than double the determine recorded within the first half of 2019.

    The UAE’s non-oil exports reached AED369.5 billion through the first half of 2025, with a development charge of greater than 44.7% – for the primary time within the nation’s historical past –, in addition to a development charge of 80% when in comparison with the primary half of 2023. This stage is greater than double the worth of non-oil exports throughout 2022, greater than double 2021’s stage and three instances bigger than in 2020 and 2019. Non-oil exports elevated through the first half of 2025 at a file charge of 210.3% in comparison with the identical interval in 2019. 

    Non-oil exports have been the perfect performers among the many UAE’s overseas commerce through the first half of 2025, contributing 21.4% of the UAE’s whole non-oil commerce. This was larger than the contribution within the first half of 2024 and 2023, the place it was 18.4% and 16.4%, respectively.

    A very powerful locations for the UAE’s non-oil exports through the first half of 2025 have been Switzerland, adopted by India second, Turkey third, and Hong Kong-China fourth. Thailand, Switzerland and India recorded the very best development charges among the many recipient markets for UAE exports. 

    Among the many prime 10 recipients of the UAE’s non-oil exports, CEPA companions amounted to AED85.02 billion, with a development of 62.8% and a 23% share of the UAE’s non-oil exports. India acquired a price of AED51.45 billion, a development of 97.6% in comparison with 2024 for a similar interval, adopted by Turkey with a price of AED27.2 billion and a development of 24.1%. Exports to those ten international locations with which CEPAs got here into drive elevated 3 instances in comparison with the exports recorded in 2022 and 2021 and exceeded 4 instances the exports in 2019.

    The worth of re-exports additionally continued its upward trajectory, reaching AED389 billion through the first half of 2025, with a development of 14%, 15.8% and 25.4% in comparison with the identical intervals in 2024, 2023 and 2022. respectively. The re-exports of the highest 10 accomplice nations recorded a development of 16.5%. Re-exports of the remainder of the world recorded a development of 12% in contrast with the primary half of 2024.

    The UAE’s imports of non-oil items amounted to AED969.3 billion through the first half of 2025, a development charge of twenty-two.5% in comparison with the identical interval in 2024, whereas the UAE’s imports from the highest 10 buying and selling companions elevated by 20.8% and with the remainder of the world by 24.3%.

    The UAE’s non-oil commerce with the nation’s prime 10 buying and selling companions all over the world continued its upward trajectory within the first half of 2025 with a development of 25.5% and a rise of 23.6% with the remainder of the international locations. 

    Commerce with India elevated by 33.9%, with China by 15.6%, with Switzerland by 120%, and with Saudi Arabia by 21.3% in comparison with the identical interval in 2024. Commerce with Turkey additionally noticed a 41.4% rise, whereas the UAE’s non-oil commerce with the USA of America witnessed a development of 29% and ranked sixth among the many nation’s prime 10 buying and selling companions all over the world. France additionally entered the highest 10 checklist within the first half of 2025.



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