Report released by Dubai Department of Economic Development on 10 March 2014 marked India as the largest non oil trading partner of Dubai in 2013-14. The bilateral trade between the two countries in 2013-14 crossed 37 billion US dollar, which is 10 percent of the overall trade.
The report also says that the exports and re-exports from India have also marked a significant rise in the period.
Bilateral Trade of four countries with Dubai
• China – bilateral trade was of about 36.7 billion US dollar
• US – bilateral trade was of about 23.4 billion US dollar
• Saudi Arabia - bilateral trade was of about 23 billion US dollar
• UK - bilateral trade was of about 15.2 billion US dollar
The report claimed that in terms of bilateral trade with Dubai, India was followed by China, US, Saudi Arabia and UK.
In terms as the export partners India, Turkey and Switzerland emerged as the leading countries. In re-exports, Saudi Arabia booked the first position followed by India and Iraq. China emerged at the top position in the list of top imports partner and was followed by US and India.