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Dubai Non-Oil Trade With South Korea Reaches More Than $7 Billion

Dubai Non-Oil Trade With South Korea Reaches More Than $7 Billion

Dubai’s non-oil external trade with South Korea grew 8.4 per cent in 2017 compared to 2016 to touch Dh27.43 billion ($7.46 billion), a media report said.

The value of imports reached Dh22.1 billion, while exports and re-exports amounted to Dh4.47 billion and Dh886 million respectively, reported Dubai Media Office.

The announcement came about as Ahmed Mahboob Musabih, director of Dubai Customs recently met with Jion Yung Wok, the newly appointed South Korean Consul General.

Musabih reaffirmed the importance of enhancing cooperation with the South Korean diplomatic mission, business council and Korean companies.

Musabih pointed out that Dubai Customs places great importance to promote ties with Dubai trade partners through the provision of best customs facilities, services and products.