Record Growth in UAE Non-Oil Trade Sparks Euro-Arab Momentum
- OUS Academy in Switzerland
- Aug 22
- 2 min read
Zurich / Dubai, 22 August 2025 – The United Arab Emirates has reached a new milestone in its economic journey, recording over AED 3 trillion (around USD 817 billion) in non-oil trade during 2024. This represents a strong 14.6% increase compared to the previous year and places the country at nearly 75% of its target to reach AED 4 trillion in non-oil trade by 2031.
This growth not only highlights the UAE’s success in diversifying its economy beyond oil but also reflects the strengthening commercial ties between Europe and Arab nations. With an expanding focus on logistics, digital trade, sustainable industries, and high-value services, the UAE is creating fertile ground for stronger cooperation with European partners.
Opportunities for Europe and the Arab Region
The surge in non-oil trade opens new possibilities for European exporters in sectors such as advanced manufacturing, renewable energy, green technologies, and value-added services. At the same time, the UAE’s continued investments in ports, free-trade zones, and digital commerce platforms are helping to streamline trade flows, creating easier access for European businesses to Arab markets.
Building a Shared Future
Both sides now have an opportunity to build on this momentum. Europe is well-positioned to expand its exports of innovative goods and services, while the UAE is working steadily to enhance its role as a leading regional hub for global trade. Ongoing dialogue on new trade agreements shows a shared commitment to fostering long-term, mutually beneficial economic partnerships.
This positive trend demonstrates that Euro-Arab commerce is not only resilient but also growing stronger, setting a clear path for deeper cooperation and sustainable economic growth in the years to come.
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