Dubai’s second biggest trade partner

Dubai's second biggest trade partner

Question : India has emerged as the second largest trading partner of Dubai in the first half of 2021, while in the first place in this context is —
a. China
b. Mauritius
c. Japan
d. United States
Ans. a.
Related facts —

  • India has overtaken China as Dubai’s second largest trading partner, with a total volume of 38.5 billion dirham (Rs. 773.85 billion, US$ 10.40 billion) in the first half of 2021.
  • In H1 2020, trade with India increased by 74.5% year on year.
  • Dubai had a trade volume of 86.7 billion dirham with China in H1 (first half) of 2021, followed by India and the U.S. at third position(32 billion dirham).
  • Saudi Arabia came fourth with 30.5 billion dirham, followed by Switzerland at 24.8 billion dirham.
  • It is notable that total share of the five biggest trade partners in H1 2021 amounted to 241.21 billion dirham compared to 185.06 billion dirham in H1 2020, up 30.34%.

By — Pankaj Pandey.

Link:
https://www.thehindu.com/business/india-emerges-as-dubais-second-biggest-trade-partner/article36689881.ece