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Dubai-South Africa trade exchange hits AED 15.71bn in 2020

Dubai-South Africa trade exchange hits AED 15.71bn in 2020
South Africa became Dubai’s 23rd biggest trade partner

UAE - Mubasher: The total value of Dubai's trade with South Africa reached AED 15.71 billion in 2020, up 17% from AED 13 billion in 2019, the Dubai media office reported.

This announcement was made during the investment and trade seminar organised by South Africa’s Department of Commerce and Dubai Customs.

Due to this growth, South Africa became Dubai’s 23rd biggest trade partner.

Agricultural and food products are the main commodities in Dubai's trade exchange with South Africa, as the imports of these products increased by 11.7% to AED 1.34 billion in 2020 from AED 1.2 billion in 2019.

The Head of Customs Procedures Section at Tariff and Origin Department, Rashid Darwish, said: "There is a noticeable growth in trade between Dubai and South Africa despite the big challenge posed by the spread of the covid-19 pandemic. More growth is expected in the future thanks to the wise planning and highly advanced facilities and services Dubai provides to the foreign trade sector."