India is top trade partner of Dubai

India is top trade partner of Dubai

India emerged as the top trading partner of Dubai in 2013 with a trade volume of $37 billion, with a 10 per cent share of the total foreign trade of the emirate.

China comes second with a value of $36.7 billion accounting for around 10 per cent, while the US is third with $23.4 billion.

India, Turkey and Switzerland are respectively the leading export partners of Dubai.
China leads the list of top imports partners followed by the USA and India.

With a new peak for non-oil foreign trade in 2013, Dubai’s rising growth in foreign trade culminates with a volume of $362 billion, achieving a $26 billion increase from the 2012 value which totalled $336 billion.

“Dubai foreign trade growth of 8 per cent reflects the emirate’s capability to enhance its trade dealings at all levels. The emirate’s imports saw an increase of $20 billion to reach $220 billion in 2013, compared to $200 billion in 2012,” Ahmed Butti Ahmed, executive chairman of Ports, Customs and Free Zone Corporation of Dubai Customs was quoted as saying in an Arab daily.