- As per the report released by the Dubai Department of Economic Development, India has once again emerged as the largest non oil trading partner of Dubai in 2013-14.
- The exports and re-exports from India have also marked significant rise in this period.
- The bilateral trade between the two countries in 2013-14 crossed $37 billion i.e. 10% of the overall trade.
- In terms of bilateral trade with Dubai, India was followed by China, US, Saudi Arabia and UK.
- Bilateral Trade of four countries with Dubai
• China – bilateral trade was of about 36.7 billion US dollar
• US – bilateral trade was of about 23.4 billion US dollar
• Saudi Arabia - bilateral trade was of about 23 billion US dollar
• UK - bilateral trade was of about 15.2 billion US dollar - In terms as the export partners India, Turkey and Switzerland emerged as the leading countries. In re-exports, Saudi Arabia booked the first position followed by India and Iraq.
- China emerged at the top position in the list of top imports partner and was followed by US and India.
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Sunday, March 16, 2014
India is Dubai's largest non oil trading partner in 2013-14
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