The United Arab Emirates’ non-oil foreign trade reached 1.937 trillion dirhams in the first half of 2026, marking a historic performance that neared the two-trillion-dirham threshold. According to statements from Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, this figure represents a 13.1% annual growth rate.
Record-Breaking Export Performance
A significant driver of this economic growth was the country’s non-oil exports, which reached a record high of 452.8 billion dirhams during the same six-month period. These figures, shared by Sheikh Mohammed bin Rashid via the platform X, underscore a rapid expansion in the UAE’s trade sector. The data suggests that the nation’s strategic focus on non-oil industries is yielding measurable results in international markets.
Did You Know?
The UAE’s non-oil foreign trade grew by 13.1% annually during the first half of 2026, culminating in a total value of 1.937 trillion dirhams.
Economic Implications and Future Outlook
The scale of these trade figures serves as an indicator of the country’s broader economic health. According to Sheikh Mohammed bin Rashid, these results reflect the effectiveness of national developmental choices and the international community’s confidence in the UAE’s economy.
Frequently Asked Questions
What was the total value of the UAE’s non-oil foreign trade in the first half of 2026?
The total value recorded was 1.937 trillion dirhams.
How much did non-oil exports contribute to the total?
Non-oil exports reached a record 452.8 billion dirhams during this period.
What is the reported annual growth rate for this trade?
The non-oil foreign trade saw an annual growth rate of 13.1%.
How do you think these trade figures will influence the UAE’s economic strategy for the remainder of the year?