Cornfield & Partners


Dubai Diversifies Foreign Trade

3rd June 2017
Dubai Diversifies Foreign Trade

Originally published on on March 1, 2017, by Michelle O’Neill

Dubai’s economic diversification strategies and its strategic focus on non-oil foreign trade demonstrate forward thinking, resulting in Dubai’s non-oil foreign trade achieving Dh1.276 trillion ($347 billion) in 2016. Imports are primarily responsible for this figure, but re-exports and exports contributed as well.

“Dubai is transforming itself into the world’s smartest city and a knowledge-based economy as well as leading the UAE’s transition into a post-oil economy.” –Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Learn more about Dubai international trade.