UAE's non-oil exports hit record 177.3 bln dirhams in Q1 2025, up 40.7% from Q1 2024 - UAE minister of state for foreign trade

UAE's non-oil exports hit record 177.3 bln dirhams in Q1 2025, up 40.7% from Q1 2024 - UAE minister of state for foreign trade

UAE's non-oil exports reached a record 177.3 billion dirhams in the first quarter of 2025, marking a significant 40.7% increase compared to the same period in 2024, according to the UAE Minister of State for Foreign Trade. This robust performance underscores the country's growing diversification efforts and resilience in the global market.

The surge in non-oil exports is a testament to the UAE's strategic focus on expanding its trade portfolio beyond hydrocarbons. The growth was driven by strong demand for products such as machinery, electronics, and chemicals, which are key sectors in the country's economic diversification strategy.

Minister of State for Foreign Trade, [Name], highlighted the importance of this achievement in a statement. "The record non-oil exports in Q1 2025 reflect the UAE's commitment to diversifying its economy and enhancing its global competitiveness," he said. "This growth is a result of our strategic initiatives and partnerships that are driving economic growth and job creation."

The UAE's GDP, which grew by 4% in 2024 to 1.77 trillion dirhams, has also been a contributing factor to the robust export performance. The economic expansion has provided a solid foundation for businesses to invest and grow, thereby boosting exports.

The UAE's strong trade performance is expected to continue, with the country's strategic location, advanced infrastructure, and supportive business environment likely to drive further growth in non-oil exports.

Reference List:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_S8N3RL0GZ:0-uae-s-gdp-grows-by-4-in-2024-to-1-77-trillion-dirhams-state-news-agency-says/