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Dubai records 16% jump in H1 non-oil trade

The Dubai government has said the value of the emirate's non-oil trade for the first six months of 2013 reached Dhs679bn, up 16% from last year's Dhs584bn during the same period, Wam has reported. The strong results are largely attributed to an increase in exports, which accounted for 22% of trade (Dhs84bn), compared with Dhs69bn from the first half of 2012. Imports also recorded an increase of 16% to Dhs349bn in 2012 to Dhs409bn in 2013. Re-export recorded a growth of 13%, rising to Dhs188bn in 2013 from Dhs166bn in 2012.