Dubai Economic Zones See 19% Growth in 2024 Trade, Reaching $91.5B

BY THE ARAB TODAY Sep 22, 2025

Dubai Economic Zones See 19% Growth in 2024 Trade, Reaching $91.5B
Image Credit: forbesmiddleeast

Dubai Economic Zones See 19% Growth in 2024 Trade, Reaching $91.5B

The Dubai Integrated Economic Zones Authority (DIEZ) said its three zones recorded a 19% rise in trade in 2024, reaching $91.5 billion (AED 336 billion), according to WAM.

2024 Performance

DIEZ contributed 13.7% to Dubai’s non-oil trade, its highest share so far. Trade volume rose more than 28% to 444,300 tons.

The growth came from stronger activity in its three zones — Dubai Airport Free Zone, Dubai Silicon Oasis, and Dubai CommerCity. This was supported by higher flows of goods and services and stronger links with global markets.

Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said the strong results highlight Dubai’s growing role as a global trade hub. He added that DIEZ will continue to expand its role in the coming years.

Main Sectors

  • Machinery, electrical, and electronics: Made up 72% of DIEZ’s trade, growing 17%.

  • Precious stones, metals, jewelry, ornaments: Grew 33%, making up 22% of trade.

Together, these two sectors represented 94% of DIEZ’s total trade.

UAE Trade Outlook

The UAE’s non-oil foreign trade rose 24% year-on-year in the first half of 2025, reaching $462.8 billion (AED 1.7 trillion).

In Q1 2025, non-oil exports hit $48.3 billion (AED 177.3 billion), up 40.7% from the same period last year and 15.7% higher than the previous quarter.

In June 2025, the UAE set up a Ministry of Foreign Trade and named Dr. Thani Al Zeyoudi as minister. The country is also working on more Comprehensive Economic Partnership Agreements (CEPAs) to grow trade, attract investment, and boost opportunities in goods and services.

Published: 22th September 2025

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