India emerges as Dubai's second largest foreign trading partner

India has emerged as the second largest foreign trading partner of Dubai after China in the first nine months of 2014.

As per the figures released by the Dubai Customs China was Dubai's top foreign trade partner during this period, with a trade value of 34 billion dollars, up 27 percent over the previous year. India followed next with the trade worth 21.78 billion dollars. Among the Arab nations, was at the top with trade volume worth 10 billion dollars.

Dubai's non-oil foreign trade in the first nine months of 2014 was around 269 billion dollars, with imports having the biggest share at 169 billion dollars, exports at 23.41 billion and re-exports 76.23 billion dollars.