Dubai Customs: Re-export trade with China up by 60% in 20172018-07-19
China has retained its position as Dubai’s top trading partner, according to a statistic released by Dubai Customs, which comes in line with the milestone visit of President Xi Jinping of China to the UAE.
Dubai’s foreign trade with China grew by 6 per cent to reach Dh176.4 billion in 2017, compared to Dh166.35 billion in 2016. The most notable growth occurred in Dubai-China re-exports trade is the rise by 60 per cent, from Dh4.99 billion in 2016 to Dh7.97 billion last year. Exports also soared 38 per cent to stand at Dh1.23 billion against Dh897 million, while imports recorded a 4 per cent growth from Dh160.47 billion to Dh167.2 billion.