Dubai’s trade with Indonesia hits AED2 billion in first quarter

28/07/2015 08:56 AST

Dubai Customs revealed that the emirate’s trade value with Indonesia in the first quarter of this year amounted to roughly AED2.1 billion, reports UAE-based Aliqtisadi.

“The value of Dubai’s trade with Indonesia amounted to approximately AED8.4bn last year, distributed over imports worth AED7.5bn, exports worth AED656 million and re-exports worth AED236m,” says HE Ahmed Mahboob Musabih, Dubai Customs director.

Musabih made his remarks during a meeting with the Indonesian Consul-General in Dubai, Arzaf Fachrezy Firman, to discuss further cooperation and means of reinforcing bilateral economic ties between the two countries.

The meeting also aimed at taking advantage of Dubai’s role as a regional and international centre for world trade in supporting the Indonesian trade growth. It is noteworthy that the total foreign trade between the UAE and the Republic of Indonesia during the first eight months of 2012 amounted to AED4.7bn, including free-zone trade, which was estimated at AED1.2bn.


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