UAE’s Foreign Trade Soars to 1.42 Trillion USD in 2024 – A 49 Percent Rise Driven by Digital and Service

-

 

The United Arab Emirates recorded a significant achievement in 2024: total foreign trade reached 1.42 trillion USD (AED 5.23 trillion). This marks a 49 percent rise compared to 2021’s figure of 952.9 billion USD.

Key Highlights:

  • AED 2.22 trillion in merchandise exports

  • AED 646.6 billion in services exports

  • AED 191 billion from digital services

  • AED 492.3 billion trade surplus (134 billion USD)


  • 11th in global merchandise exports

  • 13th in services exports

  • 21st in digital services exports


The UAE's consistent focus on infrastructure, innovation, and strategic diversification continues to make it a global trade leader. The nation’s rising influence in digital services and finance is setting new regional benchmarks.

#UAE2024 #TradeEconomy #MiddleEastLeadership #DigitalTrade

Comments

Post a Comment

Popular posts from this blog

Sharjah Airport Authority announce to participate at ATM 2024

-
Image
Sharjah Airport Authority (SAA) announced its participation in the 31st edition of the Arabian Travel Market 2024 (ATM), which will begin on May 6 and continue until May 9 at the Dubai World Trade Center. The exhibition will include the participation of Sharjah Airport Travel Agency (SATA) and Air Arabia under the umbrella of Sharjah Commerce and Tourism Development Authority at the Sharjah Airport platform. The Sharjah Airport Platform is gearing up to highlight Sharjah Airport's latest projects, competitive services offered to passengers, the latest smart technologies used in its operational processes, besides the passenger terminal. details of its future expansion plans and the package of services and competitive amenities it provides to enhance its leading position in the world of travel and aviation and as a key gateway for travelers from around the world. ; and its unique strategic location in the heart of the UAE. The airport continues to succeed in providing its customers w...
Read more

UAE Launches Global Cybersecurity Center of Excellence in Collaboration with Google Cloud

-
Image
  In a major step toward enhancing global cybersecurity capabilities, the United Arab Emirates (UAE) has announced the launch of a Global Cybersecurity Center of Excellence in Abu Dhabi, in collaboration with Google Cloud. This strategic initiative follows the official visit of HH Sheikh Tahnoon bin Zayed Al Nahyan to the United States of America, highlighting a forward-thinking approach to national and global digital security. Key Objectives: Drive research and development for advanced and sustainable cybersecurity solutions, with intellectual property rights retained by the UAE. Support and accelerate startups through collaboration with Google for Startups programs. Establish the Google Cybersecurity Academy headquarters in Abu Dhabi. Expected Outcomes: Prevent cybercrime-related losses estimated at USD 6.8 billion by 2030. Attract foreign direct investment of approximately USD 1.4 billion by 2030. Create over 20,000 specialized cybersecurity jobs within the UAE. Implementation M...
Read more

Abu Dhabi Marine Sports Club to Host 5 Water Sport Championships in April 2025

-
Image
  Abu Dhabi, the capital of the United Arab Emirates, is gearing up for an exhilarating showcase of water sports this April. The Abu Dhabi Marine Sports Club has announced its plans to host five high-profile water sport championships that promise to draw participants and spectators from all over the world. This exciting event will take place on the tranquil and stunning waters of the Arabian Gulf, making it the perfect venue for athletes and fans alike to witness some of the finest water sports competitions. A Premier Destination for Water Sports The Abu Dhabi Marine Sports Club has long been a hub for marine sports enthusiasts, with its state-of-the-art facilities and breathtaking surroundings. Located on the shores of the Arabian Gulf, the club offers an ideal setting for competitive sports, blending modern infrastructure with the natural beauty of the region. This year, the club is set to raise the bar even higher by hosting a series of prestigious championships that will highli...
Read more