The total trade of free zones in the UAE increased during 2021 by 29%; Where it accounted for 36% of the country's total non-oil foreign trade, which touched 1.9 trillion dirhams, according to recent data by the "Ministry of Economy".
The free zone trade in the country during 2021 exceeded the barrier of 678 billion dirhams ($ 185 billion), up from 2020, when it amounted to 526.3 billion dirhams ($ 143.3 billion). ), according to the Gulf newspaper.
And imports accounted for the largest share of free zone trade with a 49% share, representing a value of 331.2 billion dirhams (90.25 billion dollars), and secondly: re-exports with a value of 295 billion ( 80.3 billion dollars), and exports worth 52 billion dollars (14.16 billion dollars), representing 7.6% of the total.
With regard to the nature of the growth achieved by the free zone trade in the country during 2021, the value of imports increased by 26.3% from 262.2 billion dirhams in 2020 to 331.2 billion dirhams during 2021, as well as re-exports by 29.4% to reach 295 billion dirhams, compared to 228 billion dirhams. Non-oil exports rose by a very strong rate (45.6%) to 52 billion dirhams, compared to 35.7 billion dirhams in 2020.
Free zone imports accounted for 33% of the UAE's total non-oil imports in 2021; Where the total imports amounted to 995 billion dirhams ($ 271 billion), while re-exports accounted for 54% of the total non-oil re-exports of the state in 2021, which amounted to 539 billion dirhams ($ 146.8 billion), while the exports of free zones accounted for B 15% of the country's total non-oil exports in 2021, which amounted to 345 billion (94 billion dollars).
Based on the data and statistics of the UAE's non-oil trade, including free zone trade, which constitutes a strong contribution to it, the country has succeeded in overcoming the repercussions of the "Corona" pandemic, which It cast economic, commercial and logistical shadows globally, and this confirms the efficacy of the economic policies taken by the competent authorities in the Emirates, and the stimulus packages and initiatives launched by the economic departments across the emirates of the country, to ease the restrictions imposed in conjunction with the outbreak of the epidemic, and to encourage and motivate the attraction of more foreign direct investment, As well as raising the level and level of non-oil trade.
