UAE exports soar despite global trend

UAE exports reach $2.8 billion in April.
Exports, Logistics, Profits, Re-exports, Uae, NEWS

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Amid the global economic uncertainty, the UAE has recorded strong April exports data with UAE exports touching US$2.8 billion in the month and re-exports recording an increase of 14 per cent year-on- year to $4.3 billion, the Khaleej Times reports.

According to the Federal Customs Authority (FCA), growth in non-oil foreign trade during the first quarter, “Confirmed the national economy’s course of recovery and restoration of the pre-world financial crisis growth rates.”

“The rise in exports and re-exports reflect the positive trends in terms or productivity, and higher competitiveness for national products in global markets,” the newspaper reports.

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