UAE Import And Export Evolution (US$ Billion)
20 December 2022•
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The 1970s is when trade completely changed for the UAE with the inauguration of Port Rashid in 1972, followed by the inauguration of Jebel Ali port in 1979. Prior to 1970, the total trade in UAE (imports and exports) was less than US$ 1 billion each year and only from 1971 onwards, did the total trade cross US$ 1 billion. By 1980, trade had ballooned to over $30 billion, by 2000 that figure was $85 billion, and by 2020 the UAE traded $744 billion worth of goods.
The UAE has 12 commercial ports besides oil ports. It has 310 berths, with 80 million tonnes of cargo. Some of the major seaport includes 2 ports each in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah and 1 in Fujairah. Additionally, there are two onshore petroleum ports and one offshore petroleum port.
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