UAE Sees Continued Growth in Non-Oil Foreign Trade Amid Regional Challenges
The UAE's non-oil foreign trade hit record Dh1.937 trillion in H1 2026, with further growth expected despite regional tensions.
The United Arab Emirates anticipates sustained expansion in its foreign trade sector this year following a record-breaking performance in the first half of 2026. Non-oil foreign trade reached Dh1.937 trillion during this period, marking a historic milestone for the country.
Fahad Al Gergawi, undersecretary at the UAE Ministry of Foreign Trade, indicated that the growth trend is expected to continue, with the nation maintaining double-digit increases over the first nine months despite regional conflicts and ongoing tensions earlier in the year.
In 2025, the UAE's non-oil foreign trade totaled Dh3.8 trillion, including Dh1.1 trillion recorded in the final quarter alone. Al Gergawi highlighted the country's strategic efforts to reduce reliance on the Strait of Hormuz, a key maritime chokepoint that has experienced disruptions.
Alternative Trade Routes and Infrastructure
To mitigate risks associated with the Strait of Hormuz, the UAE has intensified the use of alternative shipping routes, particularly leveraging its east coast for maritime shipments. Additionally, the Etihad Rail network is being utilized to transport cargo efficiently across the country.
Further infrastructure developments include a planned 238-kilometer railway link connecting Al Ain with Oman’s Sohar port. Trial operations for this railway are expected to commence late next year, enhancing cross-border trade connectivity.
Al Gergawi emphasized the importance of the UAE's extensive experience in supply chain logistics accumulated over the past four to five decades, which ensures the smooth flow of goods and services despite challenging conditions. He remarked that difficult periods help refine trade models to better manage future disruptions.
Role in Regional and Global Trade
The Dubai Fintech Summit 2026, hosted by the Dubai International Financial Centre as part of Dubai Future Finance Week, provided a platform for discussions on advancements in financial technology and trade facilitation. The event gathered global financial leaders, regulators, investors, and innovators to explore topics such as artificial intelligence, digital assets, payments, and sustainability in finance.
Al Gergawi described the UAE as a significant player in both regional and global foreign trade development. He noted that the country ranks among the top ten worldwide in trade facilitation and holds the position of the largest Arab trading nation.