Arab Today, arab today dubai trade up 13 in 2012
Last Updated : GMT 11:44:55
Arab Today, arab today
Arab Today, arab today

Dubai trade up 13% in 2012

Arab Today, arab today

Arab Today, arab today Dubai trade up 13% in 2012

Abu Dhabi - Arabstoday

Dubai non-oil foreign trade surged by 13 per cent in 2012 to Dh1.235 trillion compared with Dh1.089 trillion in 2011 as a result of increase in exports value by 47 per cent to Dh163 billion and rise in imports by 12 per cent to Dh737 billion while re-export trade registered a growth by 5 per cent to Dh334 billion. “As the Emirate continues to diversify and expand its economic base, trade upholds it position as a basic pillar of Dubai’s economic system. While Dubai’s trend of bolstering its position as the world’s capital for Islamic finance, the trade sector is growing to be a mainstream of this approach; particularly, if we consider the great opportunities in the emerging markets of the Islamic world,” Shaikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, said in a statement. Shaikh Hamdan expressed his satisfaction over the fruitful outcome in the domain of business and trade sectors, especially in foreign trade. According to Dubai Ports, Customs and Free Zone Corporation, Dubai’s non-oil trade reported strong growth in 2012. “Direct trade constituted about 65 per cent of Dubai`s total non-oil foreign trade amounting to Dh808 billion, while free zones made up 34 per cent worth of Dh417 billion and customs warehouses trade recorded Dh10 billion,” said Ahmad Butti Ahmad, Executive Chairman of Ports, Customs and Free Zone corporation, and Director General of Dubai Customs. Trade exchange continued to grow through all transport modes. Trade through air cargo amounted to Dh628 billion, sea shipping Dh442 billion and land transportation Dh165 billion. China has topped the list of major trading partners of Dubai in view of imports, with a share of 15 per cent valued at Dh111 billion, followed by the USA with imports reaching Dh69 billion that represent 9.33 per cent of the total Imports of Dubai, then India with imports amounting to Dh68 billion, representing a share of 9.28 per cent. Switzerland came first among Dubai trade partners in regard of exports, with 34 per cent share of the total, amounting to Dh56 billion. India came second with exports amounting to Dh32 billion that represent 20 per cent. In re-export, India tops the list with products valued at Dh51 billion, representing 15 per cent of the total, followed by the KSA with Dh 33 billion that represent 10 per cent of this tade. Trade with Arab countries witnessed a growth by 26 per cent amounting to Dh196 billion with all Arab countries. Dubai’s trade with GCC countries generated Dh95 billion, 28 per cent increase compared to the same in 2011. Raw and semi-manufactured gold continued to top the list of Dubai’s imports with a share of 18 per cent of the total Dubai imports. In exports, gold lead with a value of Dh104 billion representing 64 per cent of the total exports, followed by raw aluminum exports, which amounted to Dh5 billion. In re-exports telephones came in the first place with a value of Dh50 billion representing 15 per cent, followed by diamonds with a value of Dh46 billion. Albawaba Business

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai trade up 13 in 2012 Arab Today, arab today dubai trade up 13 in 2012

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday