Dubai, July 30 /WAM/ His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, affirmed that the UAE, under the leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, may God preserve him, continues its march of achievements, and its international standing is increasingly solidifying among nations as a trusted trade partner for the world's largest economies and a gateway to facilitate trade flows across the globe. His Highness said in tweets on the 'X' platform: 'Today I reviewed the data for the first half of this year regarding the UAE's non-oil foreign trade... Praise be to God, it achieved significant growth of 24.5% compared to the first half of last year... while the average global trade growth was about 1.75%... Our non-oil foreign trade reached 1.7 trillion dirhams in the first half (double the figures from just five years ago).' His Highness said: 'Our non-oil trade with our international partners jumped at a record rate in the first half of 2025.. It reached 120% with Switzerland, 33% with India, 41% with Turkey, 29% with the United States, and 15% with China.' His Highness added: 'The numbers speak about our economic relations with the world.. The numbers speak about unprecedented development of the UAE led by my brother Mohammed bin Zayed, may God preserve him.. The numbers say that the future is more beautiful and greater, God willing.'

Continued record growth in the first half of 2025. In detail, data on the UAE's non-oil foreign trade for the period from January 1 to June 30, 2025, showed a continuation of its upward trajectory that began years ago, recording approximately 1.728 trillion dirhams (1 trillion 728 billion dirhams, equivalent to 470.3 billion US dollars), with a year-on-year growth of 24.5% compared to the first half of 2024. Growth also continued on a half-yearly basis at 9.1% compared to the second half of 2024, which was an exceptional year for the country's non-oil foreign trade. The UAE's non-oil foreign trade continued to achieve record and unprecedented growth rates in the country's history, recording an increase of 37.8% and 59.5% in the first half of 2025 compared to the same periods in 2023 and 2022, respectively, and nearly double the figure achieved in the first half of 2021, while exceeding double that recorded in the first half of 2019. UAE non-oil exports continued to achieve unprecedented historical growth rates, reaching 369.5 billion dirhams during the first half of 2025, with a growth rate exceeding 44.7% - for the first time in the country's history - compared to the same period in 2024, as well as a growth rate of 80% compared to the first half of 2023, continuing its upward trajectory, exceeding double the value of non-oil exports during 2022, more than double that achieved in 2021, and exceeding three times that recorded during 2020 and 2019 for the same period, respectively. It also increased during the first half of 2025 at a record rate of 210.3% compared to the same period in 2019. Non-oil exports had the best performance among UAE foreign trade components during the first half of 2025, at the expense of imports and re-exports, raising their contribution to 21.4% of total UAE non-oil trade, surpassing their contribution of 21% in the first quarter of 2025, as well as their contributions in the first half of 2024 and 2023, which were only 18.4% and 16.4%, respectively. The top destinations for UAE non-oil exports during the first half of 2025 were Switzerland, followed by India in second, Turkey in third, and Hong Kong-China in fourth. Thailand, Switzerland, and India recorded the highest growth rates among markets receiving UAE exports. Among the top 10 partners for UAE non-oil exports, UAE exports to its partners in Comprehensive Economic Partnership Agreements that have entered into force reached 85.02 billion dirhams, with a growth of 62.8% and a share of 23% of UAE non-oil exports. India received 51.45 billion dirhams, with a growth of 97.6% compared to the same period in 2024, i.e., double, followed by Turkey with 27.2 billion dirhams and a growth of 24.1%. Exports to these ten countries with which Comprehensive Economic Partnership Agreements have entered into force tripled compared to exports recorded in 2022 and 2021, and exceeded four times exports in 2019. The value of re-exports also continued its upward trajectory, reaching 389 billion dirhams during the first half of 2025, with a growth of 14%, 15.8%, and 25.4% compared to the same periods in 2024, 2023, and 2022, respectively. Re-exports to the top 10 partners recorded a growth of 16.5%, and to other countries a growth of 12% during the comparison period with the first half of 2024. As for the UAE's imports of non-oil goods, they reached 969.3 billion dirhams during the first half of 2025, with a growth rate of 22.5% compared to the same period in 2024. The UAE's imports from its top 10 trading partners increased by 20.8%, and from other countries by 24.3%. The UAE's non-oil trade with its top 10 trading partners around the world also continued its upward trajectory in the first half of 2025, with a growth of 25.5% and an increase of 23.6% with other countries. Trade with India - with which the Comprehensive Economic Partnership Agreement has been in effect since May 2022 - increased by 33.9%, with China by 15.6%, with Switzerland by 120% (more than double), with Saudi Arabia achieving a growth of 21.3% compared to the same period in 2024, and with Turkey, with which the UAE also has a Comprehensive Economic Partnership Agreement, by 41.4%. UAE non-oil trade with the United States of America also saw a growth of 29%, ranking sixth among the top 10 trading partners for the country worldwide, while France entered the list in the first half of 2025. It is worth noting that the UAE launched the Comprehensive Economic Partnership Agreements program to expand its network of trading partners around the world. Non-oil foreign trade continued to reap the fruits of this program, as work teams have completed 28 agreements so far, 10 of which have already entered into force, making trade more accessible to markets where about 3 billion consumers live.