The United Arab Emirates recorded complete international commerce of AED5.23 trillion (US$1.424 trillion) in 2024, a 49 % improve from AED3.5 trillion (US$949 billion) in 2021, in line with the World Commerce Organisation’s “World Commerce Outlook and Statistics” report.
This strong progress displays the UAE’s strategic financial imaginative and prescient, reinforcing its place because the main commerce hub within the Center East and Africa since 2014 and among the many high 20 world commerce centres for items and providers.
In a world commerce atmosphere marked by 2.9 % progress in merchandise commerce and 6.8 % in providers commerce in 2024, the UAE’s efficiency underscores its resilience amid rising tariffs and uncertainties.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, emphasised the UAE’s position as a world commerce hub, saying, “In a world of financial and commerce challenges, the UAE has prioritised openness, connectivity, and the free move of commerce, capital, and other people, establishing itself as a significant hyperlink between East and West and a world financial centre.”
H.H. Sheikh Mohammed bin Rashid Al Maktoum highlighted key achievements from the WTO report:
• Overseas commerce reached AED5.23 trillion in 2024, with a commerce surplus of AED492.3 billion, positioning the UAE as a driver of worldwide commerce.
• The UAE ranked eleventh globally in merchandise exports and thirteenth in providers exports.
• Companies exports totaled AED646.6 billion, together with AED191 billion in digital providers, comprising 30 % of service exports.
• Merchandise exports amounted to AED2.22 trillion in 2024.
• The UAE contributed 41.4 % of the Center East’s merchandise exports, solidifying its position because the area’s major commerce hub.
H.H. Sheikh Mohammed bin Rashid Al Maktoum concluded, “Below the management of the President, we are going to maintain and improve these achievements. Our dedication to openness, commerce liberalisation, and world connectivity will guarantee continued progress and management.”
The UAE’s distinctive efficiency, as detailed within the WTO’s report, demonstrates its financial resilience amid world commerce uncertainties. Complete international commerce (items and providers) grew by 49 % from 2021, reaching AED5.23 trillion (US$1.424 trillion) in 2024.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Overseas Commerce, affirmed, “Pushed by visionary management and a dedication to financial openness, innovation, and world integration, the UAE has solidified its standing as a world commerce hub. Rating eleventh in merchandise exports and thirteenth in providers exports, with a commerce surplus of AED492.3 billion, the UAE achieved merchandise exports of AED2.22 trillion and providers exports of AED646.6 billion, together with AED191 billion in digital providers, reflecting 30 % progress and management in future-oriented sectors.”
Al Zeyoudi added, “These achievements stem from nationwide efforts, versatile insurance policies, and robust worldwide partnerships. The UAE will proceed to reinforce its world position by facilitating commerce, increasing collaborations, and integrating with world worth chains.”
The UAE achieved a commerce stability surplus of AED492.3 billion (US$134 billion) in 2024, down barely from AED573.1 billion in 2023, reflecting stability amid world challenges. Exports totaled AED2.8619 trillion, towards imports of AED2.3696 trillion, per 2021–2024 statistics.
The UAE climbed from seventeenth to eleventh globally in merchandise exports and from 18th to 14th in imports between 2021 and 2024, contributing 2.5 % to world merchandise exports and a pair of.2 % to imports. Exports reached US$603 billion (AED2.2153 trillion), and imports totalled US$539 billion (AED1.9802 trillion) in 2024.
The UAE ranked twenty first globally in digital providers exports, valued at US$52 billion (AED191 billion) in 2024, up from US$37 billion in 2021 and US$48 billion in 2023. Whole digital providers commerce reached US$94 billion (AED345 billion), comprising one-third of providers commerce. Digital providers imports, at US$42 billion (AED154 billion), additionally ranked twenty first, contributing 1.1 % to world imports, reinforcing the UAE’s position as a expertise hub.
Companies commerce totalled AED1.036 trillion (US$282 billion) in 2024, with exports of AED646.6 billion (62.4 %) and imports of AED389.4 billion. Data providers grew by 14 %, tourism by 13 %, laptop providers by 12 %, monetary providers by 9 %, and transport, mental property, and insurance coverage providers by 8 % every, contributing 26.4 % to world commerce, the best share since 2005.
The UAE accounted for 41.4 % of the Center East’s US$1.5 trillion merchandise exports, with regional exports rising by 3.7 % and providers by 4.1 % in 2024. Globally, the UAE contributed 2 % to providers exports and 1.3 % to imports, with service exports of US$176 billion (AED646.6 billion) and imports of US$106 billion (AED389.4 billion).
The UAE superior from seventeenth to thirteenth in providers exports and from nineteenth to twenty first in providers imports between 2021 and 2024, with providers comprising 20 % of complete commerce.
In 2024, merchandise sectors grew, with workplace gear and telecommunications at 10 %, electronics at 6 %, and agricultural merchandise, meals, and clothes at 3 % every. Industrial items rose by 2 %, and chemical substances and textiles by 1 %, whereas gas and mining merchandise fell by 7 %, iron and metal by 6 %, and vehicles by 1 %. International merchandise exports grew by 2 %, reaching US$24.43 trillion.
The UAE’s achievements mirror its technique of innovation and diversification, positioning it to navigate a forecasted 0.2 % decline in world merchandise commerce in 2025. Contributing to a 1.6 % regional GDP progress in 2024, with projections of three.2 % in 2025 and three.5 % in 2026, the UAE stays resilient. Its financial insurance policies, strategic location, and superior infrastructure solidify its position as a world commerce hub.
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