DUBAI, 3 June 2008 — Non-oil trade between India and Dubai for the year 2007 hit a record high of $19 billion. This constitutes approximately 80 percent of the total India-UAE trade and a 74 percent increase over the figure of $10.9 billion for the year 2006. “India was the top export and re-export destination for Dubai and second largest sources of imports in 2007,” said Venu Rajamony, consul general of India, in an informal interaction with journalists. An analysis of statistics released by Dubai Customs conducted by the Consulate General of India, Dubai, shows that imports from India to Dubai increased by 55 percent from $6.4 billion in 2006 to $9.9 billion in 2007.
