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Dubai, India trade touches $20.5 bn in H1 2012

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Press Trust of India Dubai

Executive Chairman, Ports, Customs and Free Zone, and Director General of Dubai Customs, Ahmed Butti Ahmed, said the total value of Dubai's imports from India reached USD 9.5 billion (35 billion dirhams) during the first six months of 2012. The imports primarily include diamonds, jewellery, electronic devices and mineral oil.

The value of exports to India, comprising mainly gold, diamonds, jewellery and copper wires, stood at USD 5.17 billion (19 billion dirhams) during the same period.

The value of Dubai's re-exports to India (mainly diamonds, jewellery and silver) stood at USD 5.98 billion (22 billion dirhams).

Following his meeting with the Indian Economic Consul to Dubai T Tiju, Ahmed said Dubai's trade relationship with India has been witnessing a considerable growth. This has been mainly due to the distinctive ties between the governments and people of the two countries and the joint economic agreements.

 

  

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First Published: Sep 27 2012 | 11:55 AM IST

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