Dubai pearl exports reach at AED28.8b in H1 of 2015

DUBAI: Trade in pearls, gemstones, precious metals, plated ornaments and mineral jewels, registering at AED138.9 billion and accounting for 34.1 per cent of the total trade, topped Dubai direct foreign trade during the first half of 2015, which reached AED407bn.

Dubai imports of pearls, gemstones and precious metals amounted to AED77.3bn, while exports reached AED28.8bn and re-exports amounted to roughly AED32.78bn, according to Dubai Customs data.

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Machinery, electrical appliances and spare parts equipment followed pearls with AED75.93bn, with AED54.9bn of imports, AED1.3bn of exports and AED19.63bn of re-exports, reports UAE-based Aliqtisadi.

Trade in vehicles and equipments came in third place with AED49.1bn, with imports valued at AED32.66bn, AED608 million of exports and AED15.8bn of re-exports.

It is noteworthy that Dubai’s non-oil foreign trade reached AED652bn during the first half of 2015, with imports valued at AED402bn, exports at AED65bn and re-exports at AED185bn.