Dubai Export Monitor Shows Continuous Growth Trend

Exports continue to increase fostering growth in Dubai’s manufacturing sector. South and West Asia are top destinations for Dubai products by value, according to Dubai Export Monitor – a yearly publication by the government.

Dubai Exports, an agency of the Department of Economic Development (DED), Government of Dubai, revealed that in 2010, the Emirate has been exporting diverse products, such as gold and precious metals, sugar, plastics and food, in various target export markets particularly in South and West Asia.

“This edition of Dubai Export Monitor report has been compiled to serve as a ready reference to various stakeholders in the four main areas of interest-overall trade trend, regional trade, trade by product and trade by market,” said Saed Al Awadi, Chief Executive Officer, Dubai Exports.

An important conclusion of the report showed that in 2010, exports sustained the continuous growth trend, while imports to Dubai and Free Zone as well as re-exports have reversed the decline witnessed in 2009. Another important trend was the continuous growth of direct and free zone exports during the past years, followed the positive growth trend of manufacturing GDP, indicating that exporting was a main factor in fostering manufacturing growth during the recession.