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Archive photo · 26 December 2020Mohammed Bin Rashid Says UAE Non-Oil Foreign Trade Nears AED 3 Trillion in Nine Months
2 Asian2 West Asian1 OtherPhoto: Olga Ernst, CC BY-SA 4.0 · Cropped for layout
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UAE non-oil foreign trade neared Dh3 trillion in nine months, up 10% year-on-year. Trade value reached Dh2.945 trillion from January–September 2026, near record levels.
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UAE trade near AED 3tn
Sheikh Mohammed bin Rashid Al Maktoum said the UAE's non-oil foreign trade neared AED 3 trillion in the first nine months of 2026, reaching AED 2.945 trillion and rising 10.1% on the same period last year. WAM said the UAE's record non-oil exports reached AED 706 billion, up 21.6%, while imports rose to AED 1.661 trillion, up 11.5%, and re-exports totalled AED 578 billion.
Fahad Al Gergawi, Under-Secretary of the Ministry of Foreign Trade, affirmed that the UAE's trade continued to record double-digit growth during the first nine months of 2026 despite challenges facing global markets. WAM said the share of non-oil exports in total non-oil foreign trade rose to 24.0% from 21.7% a year earlier after monthly exports surpassed AED 100 billion for the first time in September 2026.
Exports, partners, and growth
Sheikh Mohammed bin Rashid Al Maktoum said exports to the UAE's top ten trading partners grew by 31% in the first nine months of 2026.
Dr. Thani bin Ahmed Al Zeyoudi said the historic AED 2.945 trillion achieved in the first nine months of 2026 reflects the sustained momentum of the UAE's trade and its success in consolidating its position as a pivotal hub for global trade.
WAM said trade with the rest of the world grew 11.9%, outpacing the 8.3% growth recorded with the top ten partners.
Fahad Al Gergawi said the UAE's strategy focuses on maintaining readiness for different economic conditions rather than benefiting only during periods of growth and prosperity.
CEPAs and quarterly momentum
WAM said monthly exports surpassed AED 100 billion for the first time in September 2026, and it said non-oil foreign trade reached AED 1.025 trillion in the third quarter of 2026.
WAM said trade stood at AED 922.9 billion in the second quarter and AED 997.1 billion in the first quarter of 2026.
Dr. Thani bin Ahmed Al Zeyoudi said: "Comprehensive Economic Partnership Agreements (CEPAs) play a pivotal role in driving this expansion."
WAM said quarterly non-oil exports have now exceeded AED 200 billion for five consecutive quarters, from the third quarter of 2025 through the third quarter of 2026.