{"id":104654,"date":"2025-06-17T00:00:00","date_gmt":"2025-06-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/non-oil-trade-boom-continues-in-1q\/"},"modified":"2025-06-17T00:00:00","modified_gmt":"2025-06-17T00:00:00","slug":"non-oil-trade-boom-continues-in-1q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/06\/17\/non-oil-trade-boom-continues-in-1q\/","title":{"rendered":"Non-oil trade boom continues in 1Q"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The <\/strong><strong>UAE\u2019s non-oil foreign trade rose 18.6% y-o-y to AED 835<\/strong><strong> bn in 1Q 2025<\/strong>, Dubai Ruler Mohammed bin Rashid Al Maktoum said in an <a target=\"_blank\" href=\"https:\/\/x.com\/HHShkMohd\/status\/1934260970471268459\" style=\"\" rel=\"noopener\">X post<\/a>. The UAE\u2019s trade performance outpaced the global average growth during the quarter of 2-3%, buoyed by record levels of \u201csocial, economic, and strategic stability and prosperity.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Exports drove growth: <\/strong><span style=\"background-color: transparent;\">Non-oil exports surged 40.7% y-o-y and 15.7% q-o-q to AED 177.3 bn during the quarter, according to a Dubai Media Office <\/span><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2025\/june\/15-06\/mohammed-bin-rashid-announces-uae-key-development-indicators\" rel=\"noopener\">statement<\/a><span style=\"background-color: transparent;\">, marking the first time they\u2019ve accounted for more than 21% of total non-oil trade. Re-exports hit AED 189.1 bn, up 6% y-o-y, while imports rose 17.2% y-o-y to AED 468.6 bn, though they slipped 1.7% from the previous quarter.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Top trade partners: <\/strong>Trade with the UAE\u2019s 10 biggest partners rose 20.2% y-o-y in 1Q. Saudi Arabia led with a 127% jump, followed by India (+31%), China (+9.6%), and Turkey (+8.3%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>The UAE\u2019s GDP <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2fe609d9-2d9b-4f8d-aa9b-2333ad4fd798\/gdp-grows-4%2525-y-o-y-in-2024\" style=\"\" rel=\"noopener\">grew 4%<\/a> in 2024 to AED 1.7 tn, with the non-oil sector contributing 75.5% to output. Abu Dhabi\u2019s non-oil foreign trade rose <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/844bb56b-15f7-4be5-b98c-97d3253e410e\/abu-dhabi%25e2%2580%2599s-non-oil-foreign-trade-up-25.7%2525-y-o-y-in-1q-2025\" style=\"\" rel=\"noopener\">25.7% to AED 89.6 bn<\/a> in 1Q 2025, and on a yearly basis had grown by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e907329e-00d9-4f35-af64-66056de80cec\/abu-dhabi%E2%80%99s-non-oil-foreign-trade-volume-reached-aed-306-bn-in-2024\" style=\"\" rel=\"noopener\">7.6% to AED 306 bn<\/a> in 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s non-oil foreign trade is now expected to hit AED 4 tn by 2027 \u2014 four years ahead of schedule<\/strong>, the statement reads. The country is currently in talks with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/36d641c3-9f92-4125-a03e-7735a5b392a7\/uae-eyes-investments-in-syria,-starting-with-dp-world,-following-lifting-of-sanctions\" style=\"\" rel=\"noopener\">17 countries<\/a> on potential economic and trade partnership agreements, including Morocco, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8e4a498f-b59f-4ddc-91a1-b12ba854db4a\/uae-mediates-another-exchange-of-war-captives-between-russia-and-ukraine-%2B-kickstarts-talks-for-an-economic-partnership-with-tunisia\" style=\"\" rel=\"noopener\">Tunisia<\/a>, and Egypt, with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/60722758-f6c2-4d3b-ad6d-573a94fdc0ca\/standard-chartered-and-emirates-nbd-partner-on-financial-services\" style=\"\" rel=\"noopener\">four to six new agreements<\/a> expected this year. The UAE is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bd0c2abb-bb5b-425a-89a3-ff4e29774b97\/uae-delisted-from-brazil%25e2%2580%2599s-preferential-tax-regime-list\" style=\"\" rel=\"noopener\">in negotiations<\/a> with the US on a bilateral trade agreement that could ease tariffs on Emirati steel and aluminium exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Non-oil trade is on track to hit AED 4 tn by 2027, four years ahead of schedule<\/p>\n","protected":false},"author":1,"featured_media":104655,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1635],"tags":[1360,19,7,1334],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-abu-dhabi","tag-economy","tag-enterpriseam-uae","tag-trade","wpautop","entry"],"acf":{"mongo_id":"61887c98-956a-4b67-89b5-66ee2796d8d0","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/247.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE\u2019s non-oil trade jumps 18.6% y-o-y to hit AED 835 bn in 1Q 2025","related_issue":[104649],"teaser":"Non-oil trade is on track to hit AED 4 tn by 2027, four years ahead of schedule","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.0ed0def7-0330-4a8d-b03a-6cba386c197b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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