Dubai records over $14 bn worth of direct exports in 2009

By IANS/WAM,

Dubai : Dubai has recorded direct exports worth 52.4 billion UAE dirhams (over $14 billion) in 2009, up by 22.9 percent compared to 2008, while imports and re-exports declined by 27.9 and 8.6 percent, respectively.


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The statistics were published in the Dubai Export Monitor 2010 by Dubai Export Development Corporation (EDC) Monday.

Dubai’s exports to 12 out of 27 countries increased and value of exports of nearly 50 percent of EDC’s target products such as sugar, cocoa, precious stones and aluminium have also increased.

“Among EDC’s responsibilities is to create opportunities for Dubai companies to expand and promote their products in the fastest growing regions. Our role as an established government institution is to ensure the development of opportunities for exports, not only regionally but internationally,” said Engineer Saed Al Awadi, chief executive officer of EDC.

Between 2000 and 2009, top countries by value of exports from Dubai were India, Switzerland, Saudi Arabia and Pakistan and by growth of exports were Switzerland, Brazil, Egypt and Saudi Arabia.

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