Here’s a breakdown of the provided text, focusing on the UAE’s non-oil foreign trade performance in the first half of 2025:
Overall Performance:
Exceptional Growth: The UAE’s non-oil foreign trade continued to achieve “standard and unprecedented growth rates” in the first half of 2025.
Significant Increases:
37.8% increase compared to the first half of 2023.
59.5% increase compared to the first half of 2022.
Surpassing previous Years: The performance in the first half of 2025 surpassed the figures from the first half of 2021 and even exceeded the weakness seen in the first half of 2019.
Non-Oil Exports:
Record Highs: non-oil exports reached an unprecedented 369.5 billion dirhams in the first half of 2025.
Impressive Growth Rates:
Exceeded 44.7% growth compared to the first half of 2024 (a first in the country’s history).
80% growth compared to the first half of 2023.
Doubling and Tripling:
More than doubled the value of non-oil exports in 2022.
More than tripled the value in 2021.
Exceeded 3 times the value in 2020 and 2019 for the same periods.
massive Growth vs. 2019: Increased by a record 210.3% compared to the first half of 2019.
Dominant Element: Non-oil exports showed the “best performance” among all elements of Emirati foreign trade in H1 2025, at the expense of imports and re-exports.
Increased Contribution: The contribution of non-oil exports to the total non-oil UAE trade rose to 21.4% in H1 2025, up from 21% in Q1 2025 and significantly higher than 18.4% (H1 2024) and 16.4% (H1 2023).
Key Destinations for Non-Oil Exports (H1 2025):
- Switzerland
- india
- Turkey
- Hong Kong-china
Highest Growth Markets: Switzerland,India,and Thailand recorded the highest growth rates among receiving markets.
Impact of Thorough Economic Partnership Agreements (CEPA):
Significant Contribution: Exports to the 10 countries with active CEPAs reached 85.02 billion dirhams, a 62.8% growth, accounting for 23% of total non-oil exports.
India’s Dominance: India received 51.45 billion dirhams in exports, with a remarkable 97.6% growth compared to H1 2024. Turkey’s Growth: Turkey received 27.2 billion dirhams, with a 24.1% growth.
Multiples of Previous Years: Exports to these 10 CEPA partners have tripled compared to 2022 and 2021, and exceeded four times the exports in 2019.
Re-export Operations:
Continued Rise: Re-export operations also continued their upward trend.
Value: Reached 389 billion dirhams in H1 2025.
Growth Rates:
14% growth compared to H1 2024.
15.8% growth compared to H1 2023.
25.4% growth compared to H1 2022.
Partner Growth: Re-exports to the 10 most important growth partners saw a 16.5% increase, while re-exports to other countries grew by 12% compared to H1 2024.
Non-Oil Imports:
Value: amounted to 969.3 billion dirhams in H1 2025.
Growth Rate: 22.5% growth compared to H1 2024.
Partner Growth: imports from the 10 most important commercial partners increased by 20.8%, while imports from other countries grew by 24.3%.
Overall Non-Oil Trade with Top Partners:
Strong Growth: Non-oil trade with the 10 most prominent commercial partners grew by 25.5% in H1 2025 compared to H1 2024.
* Rest of the World: Trade with the rest of the world increased by 23.6% and 21.
