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UAE non-oil foreign trade rises 23%

According to figures by the UAE's National Bureau of Statistics (NBS), the country's non-oil foreign trade grew 23%, or Dhs173.3bn in 2011 to Dhs927.6bn from Dhs754.4bn in 2010, Gulf News has reported. Imports surged 24.2% to Dhs602.8bn in 2011 from Dhs485.4bn in 2010, while exports saw a growth of 37.2% from Dhs83.1bn in 2010 to Dhs114bn in 2011. Re-exports climbed 13.4% to Dhs210.8bn in 2011 from Dhs185.9bn in 2010m the data showed.