Al -Zyoudi: Our foreign trade grew 14 times in the first half compared to the global average

Abu Dhabi, July 30/ WAM/ His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of Foreign Trade, confirmed that during the first half of 2025, the UAE achieved historical numbers in non -oil foreign trade with a growth exceeding 24.5%, with the total value reaching more than 1.7 trillion dirhams, equivalent to about 14 times compared to the global average of about 1.75%, which reflects the durability of economic policies and long -term strategic plans that The state is followed.
His Excellency revealed in his speech today, to the Emirates News Agency “WAM”, the developments of the file of comprehensive economic agreements that the state is working on, indicating that 28 agreements have been completed, 10 of which entered into force, while between 3 to 6 additional agreements will be signed before the end of this year.
With regard to the results of non -oil foreign trade during the first half of 2025, he said: We congratulate the wise leadership and the business community of these unprecedented numbers in non -oil foreign trade, what we see today is the fruit of continuing in rational policies and pre -emptive planning.
He emphasized the main role of the plans to expand the international partnership network of the state in contributing to achieving these records and reaching this achievement, in addition to developing the economic system in a comprehensive manner, and enhancing the logistical infrastructure, noting that these factors combined contributed to the consolidation of the UAE’s position as a global commercial center and a major axis of global trade movement.
Al -Zyoudi said: The imports witnessed a growth of 22.5%, which reflects the strength of the Emirates site as a global re -export center, and the value of re -export increased by 14% to reach about 389 billion dirhams, which enhances the role of the state as a pivotal link in global supply chains.
He added: As for the Emirati exports of non -oil commodities, which constitute the cornerstone of sustainable economic development, it witnessed a remarkable leap to reach approximately 370 billion dirhams, equivalent to about three times its value 5 years ago.
He indicated that the contribution of national exports to the total foreign trade exceeded 21.4%, which confirms the success of the strategies of diversifying the national economy and stimulating the capabilities of the industrial sector that were implemented during the last period.
His Excellency highlighted the results of the national industry strategy, which focused on the shift from re -export to direct export, and targeting specific markets through comprehensive economic partnership agreements, which contributed to diversifying the markets and enhancing the competitiveness of the UAE product.
He explained that the relentless efforts to sign comprehensive economic agreements resulted in tangible positive results, noting that this strategy has today become a pivotal tool to support national exports and attract specific investments.
And he dealt with the impact of comprehensive economic partnerships with a number of countries, stressing that the agreements signed with India and Turkey, in particular, began to pay their fruits clearly.
He explained that the trade with India recorded a growth of approximately 34%, while the growth rate with Turkey exceeded 40%, which is a concrete evidence of the importance of the policy of economic openness and permanent communication with global markets, stressing that opening markets to Emirati producers, exporters and manufacturers, in addition to attracting foreign investments, constitutes a basic pillar in the commercial state policy.
At the end of his statements, His Excellency stressed that the exceptional results achieved in non -oil foreign trade embodies the fruits of the good vision of the wise leadership, and the integration between the various governmental and private agencies, noting that the UAE is continuing its plans to establish its position as one of the most important commercial centers globally, continuing to develop national exports, attracting more specific investments, and enhancing its presence in global value chains.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related