Dubai?s non oil trade rises by 31%

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Dubai?s non-petroleum direct international trade has shown a sharp rise of 31 percent worth Dh 113 billion in the first quarter, compared to the Dh 86 billion in the same period last year.

?This indicates a range overseas growing for the local quality products exports and a higher competitive products quality growth in the external markets,? said Ahmed Butti, the Executive Chairman of Ports, Customs and Free Zone, commenting on recent statistics released.

Dubai?s excellent development of infrastructure set out wise legislation as facilitated to business sectors and re-exports which led to an average increase of 40 per cent worth over Dh 29.6 billion.

Butti added, ?The direct import volume from the nations worldwide grew by 26 per cent, valued Dh70 billion compared to Dh 55.7 billion over the same period last year.

?Re-exporting formed the largest portion Dh3.7 billion by 43 per cent out of the total exchanges value over the same period by more than Dh2 billion,? he commented.

Import value from the five GCC countries added to Dh1.5 billion and export valued at Dh 1.2billion.

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