INDIA ARISES AS DUBAI'S SECOND GREATEST TRADE PARTNER

  • 27/09/2021

Dubai: India has arisen as Dubai's second greatest exchanging accomplice after China with the general volume contacting 38.5 billion dirham in the principal half of 2021, as per official information delivered on September 26. 


As per a Dubai government articulation, the emirate had an exchange volume of 86.7 billion dirham with China H1 (first 50%) of 2021, trailed by India and the U.S. at third position. 

Exchange with India developed 74.5% year-on-year to 67.1 billion dirham from 38.5 billion dirham in H1 2020. 

China recorded 30.7% development year-on-year with complete exchange with Dubai remaining at 66.3 billion dirham in H1 2020. 

In H1 2021, the U.S.A. exchanged 32 billion dirham with Dubai, up 1% year-on-year from 31.7 billion dirham. Saudi Arabia came fourth with 30.5 billion dirham up 26% from H1 2020, trailed by Switzerland at 24.8 billion dirham. 

The complete portion of the five greatest exchange accomplices H1 2021 added up to 241.21 billion dirham contrasted with 185.06 billion dirham in H1 2020, up 30.34%. 

Gold bested the rundown of products in Dubai's H1 outer exchange at 138.8 billion dirham (19.2% of Dubai exchange), trailed by telecoms at 94 billion dirham (13%).

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