Dubai Trade, Exports and Imports

By: EconomyWatch Content   Date: 23 March 2010

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According to industry experts, Dubai’s growth is continuing steadily in 2010 and is expected to expand further in 2011. In 2009, the export destinations increased to 163, as per the annul report of the Dubai Chamber of Commerce and Industry. The export of locally processed sugar stood at approximately Dh1.4 billion in 2008. Some other major food product exports included dates, figs and mangoes, worth Dh285 million.

The non-oil exports of the emirate rose by 23% in 2009, in comparison to the 2008 levels. The goods worth AED42.6 billion were exported by Dubai in 2008, whereas it exported goods worth AED52.4 billion in 2009 (Dh186.1 billion, including re-exports). However, according to the Dubai Chamber of Commerce and Industry, total exports plummeted by 16% in 2009. The major re-exporting destinations of Dubai are:

  • Iran (US$ 790 million)

  • India (US$ 204 million)

  • Saudi Arabia (US$ 194 million)

Dubai Imports: Data

Over two-thirds of the import items to the UAE are directed to Dubai. Major import commodities of Dubai are capital, consumables, cement, food products and intermediate products. The leading import sources of Dubai as of 2008 were:

  • Japan (US$ 1.5 billion)

  • China (US$ 1.4 billion)

  • The United States (US$ 1.4 billion) 

According to Bu Amim, in 2009, Dubai recorded a 12% increase in the import of fruit and vegetables. In 2007, Dubai exported 2.96 million tons of cement to support is booming construction industry. Dubai imported 300 tons of gold in 2008 and by Q12009 its gold trade reached $14.69 billion.

 

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