UAE’s non-oil trade exceeds AED 534 billion in first half of 2015

The UAE’s non-oil direct trade exceeded AED 534 billion in the first half of 2015, marking a 2% year-on-year increase. Exports jumped 28%, while revenue from imports registered a 1% drop. According to the Federal Customs Authority, these stats indicate the country’s stable economic position. Asia, Australia and the Pacific region maintained their position as the UAE’s top non-oil trading partners, followed by Europe and the MENA region. Gold, vehicles, diamond, mobile phones, and jewellery were some of the top commodities traded during the period