In accordance with the World Trade Organisation’s (WTO) recent report, the foreign trade amounts for the UAE in 2024 has reached 5.23 trillion dirhams, which is a 49% increase from 3.5 trillion dirhams (USD 949 billion) in 2021.
Sheikh Mohammed bin Rashid Al Maktoum, Vice Minister and Prime Minister of the UAE, divulged the information while explaining the developments in the country’s economic standing on a global scale.
“Once Again, This Marks the Visionary Goals of the Nation“
“Clearly we focus on international innovation trends, and as such worked towards reinforcing those efforts throughout the National Economy of the United Arab Emirates”, Sheikh Mohammed expressed.
What Concerns This:
📦 Non-oil balanced sectors are responding to changes in market demand
🏗️ Smart Infrastructure & Logistics Reinforcement Centers Easing Efficiency Power Ramps
🌐 Between the East and West, lies the UAE strategically positioned as a crossroads.
📊 Foreign investment continues pouring into the UAE because of groundbreaking pro-business policies.
Looking Further
This achievement falls within the framework of strategic milestones outlined in the UAE Vision 2031 goal of propelling the economy into the top 10 global economies while targeting a twofold increase in the national GDP.
A Message to the World
The UAE has turned into more than a marketplace with sophisticated trade solutions and international partnerships; it’s a movement. In 2024, the message is clear: the UAE is open for business, and business is flourishing.
💡 The trade narrative of the UAE is one of bold ambition, big figures and unbounded dreams—and this is just the beginning. 🇦🇪📦🌟