Mohammed bin Rashid: We are targeted by reaching an external non -oil trade for the Emirates, amounting to 4 trillion dirhams by 2031

Dubai, June 15 / WAM / His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, “may God bless him”, confirmed that the UAE led by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, continues its development accomplishment march in all fields, and in the heart, including the prosperity of its non -oil foreign trade, which continues its rising path at record rates for years.
His Highness Sheikh Mohammed bin Rashid Al Maktoum said: “Our non-oil foreign trade increased 18.6% on an annual basis in the first quarter of this year (the global average of 2-3%), the volume in the first quarter of the current year amounted to 835 billion dirhams … Our non-oil exports grew exceptionally by 41% on an annual basis.”
His Highness also said: “We are targeted by reaching an external non -oil trade of the UAE with 4 trillion dirhams by 2031 … We will reach it within two years .. (4 years before its scheduled date) – GDP has reached 4% in 2024 .. and reached 1.77 trillion dirhams, and the non -oil sector’s contribution to our national economy amounted to 75.5%.”
His Highness stressed: “The march of economic growth led by my brother His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State“ may God protect him, ”achieves exceptional successes in the history of the UAE … indicators of stability and social, economic and strategic prosperity of the state, thank God, at its highest historical points .. We are confident in a better and greater future, God willing .. and the efforts of thousands of work teams are focused and clear to achieve our global ambitions of the United Arab Emirates.
The non -oil foreign trade data showed the UAE from the period from January 1 to March 31, 2025, the continuation of its rising track during the first quarter of 2025, recording 835 billion dirhams and a growth of 18.6% compared to the first quarter of 2024.
UAE non -oil exports continued to record unprecedented historical growth rates, recording 177.3 billion dirhams in the first quarter of 2025, a growth of 40.7% on an annual basis – that is, compared to the first quarter 2024 – by 15.7% on a quarterly basis, compared to the last quarter of 2024.
For the first time in the history of the state, the contribution of non -oil exports exceeded 21% of the total non -oil foreign trade of the state, thanks to its strong growth during the first quarter of 2025 annually and separately, at the expense of imports and re -export operations that recorded lower growth rates.
While re -export operations increased by 6% on an annual basis recorded 189.1 billion dirhams, imports increased by 17.2% compared to the first quarter of 2024, and decreased by 1.7% compared to the last quarter of 2024 to 468.6 billion dirhams.
The Emirati non -oil trade with the 10 most prominent commercial partners for the state around the world also continued its rising track in the first quarter of 2025, a growth of 20.2% and the rest of the countries 16.9%, and jumped with India by 31%, with the Kingdom of Saudi Arabia 127% more than weakness, with Turkey 8.3% higher than the standard levels registered with it in previous years, and China 9.6%.

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