UAE surpasses $1 trillion in non-oil foreign trade for first time

The UAE has recorded more than $1 trillion (Dh3.8 trillion) in non-oil foreign trade for the first time in its history, marking a major milestone in the country’s economic diversification journey.

The latest figures show exports surged by 45 percent, while overall non-oil trade grew 26 percent year-on-year, underscoring the strength of the UAE’s expanding global partnerships and competitive business environment.

Confidence in the UAE economy

His Highness Sheikh Mohammed bin Rashid Al Maktoum said the milestone reflects strong international trust in the country’s economic model.

“The world’s confidence in the UAE has been firmly established,” he said, adding that the next phase will focus on doubling efforts and deepening private sector partnerships as the country continues building a future-ready economy.

Diversification gains momentum

The record-breaking trade performance highlights the UAE’s success in reducing reliance on oil revenues while strengthening sectors such as logistics, advanced manufacturing, re-exports, technology, and services.

Comprehensive economic partnership agreements (CEPAs), infrastructure investments, and streamlined trade policies have played a key role in boosting non-oil exports and expanding access to global markets.

Private sector at the centre

Officials emphasized that the coming phase will prioritize stronger collaboration with the private sector, accelerating innovation and supporting businesses in scaling internationally.

With non-oil foreign trade crossing the $1 trillion threshold, the UAE further cements its position as one of the world’s most dynamic trade and investment hubs.