Thani Al -Zyoudi: The UAE continues to establish its position as a reliable commercial partner for the largest economies
Dubai, June 15 / WAM / His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of State for Foreign Trade, affirmed that the UAE, with the vision, support and directives of its wise leadership, continues to consolidate its position as a reliable commercial partner for the largest economies around the world, and a gateway to facilitate commercial flows throughout the globe, with the continued expansion of the network of commercial partners of the state through the program of comprehensive economic partnership, which has witnessed until its history achieved achievement. 27 agreements, 10 of which entered into force.
His Excellency said in statements on the occasion of the announcement of the non -oil foreign trade during the first quarter of this year 2025 that the standard growth rates achieved by the foreign trade of the UAE during the first quarter of 2025 confirm the continued success of strategic plans to double their value by 2031 at rates exceeding the target, as they increased by 18.6% to 835 billion dirhams during the first 3 months of this year.
He added that as the current growth rates continue, it is expected that the non -oil foreign trade of the UAE will touch the barrier of 3.5 trillion dirhams at the end of 2025, to approach more than the target number by 2031, which is 4 trillion dirhams annually 6 years before the specified date.
His Excellency said that the expansion of the network of commercial partners of the UAE through the program of comprehensive economic partnership agreements contributed significantly to the continuous standard prosperity of non -oil foreign trade, with the continued growth of bilateral trade with the partner countries of the Emirates in these agreements, in conjunction with the unprecedented growth in UAE exports to these countries.
Al -Zyoudi pointed out that the share of non -oil exports of the total state trade exceeded for the first time in its history a 21%barrier, which confirms the increasing confidence of the world markets in Emirati goods, and to the size of the benefit of these exports from plans to expand the network of commercial partners of the state through the comprehensive economic partnership agreements program.
He explained that the Emirati non -oil exports continued to record unprecedented historical growth rates to 177.3 billion dirhams in the first quarter of 2025, a growth of 40.7% compared to the first quarter 2024 and 15.7% compared to the last quarter of 2024.
The re -exports increased by 6% on an annual basis to 189.1 billion dirhams, while 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.
He explained that the Emirati non -oil exports continued to record unprecedented historical growth rates to 177.3 billion dirhams in the first quarter of 2025, a growth of 40.7% compared to the first quarter 2024 and 15.7% compared to the last quarter of 2024.
His Excellency added that non -oil exports with the 10 most important commercial partners achieved a growth of 51% and the rest of the countries growing by 21.4%, and the most important destinations for the UAE non -oil exports during the first quarter 2025 to Switzerland were followed by India second, Turkey third, and Hong Kong -China fourth, then Saudi Arabia, Iraq and Thailand, which witnessed the highest growth of about 10 times the value during the same period from 2024, then then The Sultanate of Oman, the United States and Kuwait.
He said, “The list of the most prominent Emirati exports during the first quarter of 2025 included both gold, jewelry, cigarettes, prints, aluminum, oil oils, copper wires, prints, ethylene polymers and perfume His Excellency Al -Zyoudi said that the Emirati exports of non -oil commodities continued in the first quarter 2025 pounds of the fruits of the comprehensive economic partnership agreements after the state exports to its partners in the agreements that entered into force of 44.5 billion dirhams reached a growth of 62.3% and a share of 25.1% of the total value of exports, and India received Emirati exports of 28.3 billion dirhams and growth 97.6% compared to the first quarter of 2024, followed by Türkiye with a value of 14 billion dirhams, an increase of 28.1%.
He pointed out that the value of re -export operations amounted to 189.1 billion dirhams during the first quarter of 2025, with a growth rate of 6% compared to the first quarter 2024, with a growth of 7.6%, and 21.1% compared to 2023 and 2022 for the same period, respectively, and the re -export recorded for the 10 most important partners of 3% and the rest of the countries growing 9%, and the most prominent Saudi countries, Iraq, the Sultanate of Oman and Turkey, and Turkey, were recorded. The list of re -export included phone, diamonds, gold jewelry and cars, but the largest growth rate was in the re -export of microphones, gold jewelry, gold and cars.
On the state’s imports of non -oil goods, His Excellency explained that it reached 468.6 billion dirhams during the first quarter of 2025, a growth rate of 17.2% compared to the same period from 2024. These imports rose from most of the main markets, and witnessed growth from the partner countries in economic partnership agreements by 10.7% and the most growing Turkey by 39.1%, India by 15.1%, Vietnam by a rate 8.3%.
Italy, Guinea, Switzerland, China and Germany also witnessed growth, and Egypt with 7 times during the comparison period.
The most important imported goods during the first quarter were 2025 gold, telephone and cars, oil oils, jewelry, jewelry and their artifacts, diamonds, and computers.
On the main commercial partners of the UAE, His Excellency said, “Our non -oil trade with China has achieved 9.6%growth, India grows 31%, and Saudi Arabia has achieved a rate of more than twice compared to the same period from 2024, specifically 127%, and Turkey recorded 8.3%, and the United States witnessed a growth of 38%and ranked sixth in the list of 10 largest commercial partners For the state, and Egypt also entered the list in light of the commercial recovery between the two sister countries during the first quarter of 2025.
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