DUBAI: The United Arab Emirates' non-oil foreign trade jumped 14 percent in 2010, data showed Monday, helped by an improving global economy and trade with Asia. Non-oil foreign trade in the UAE, the world's third-largest crude exporter and key Gulf business hub, picked up strongly last year as global and local debt woes eased. The value of the OPEC member's non-oil foreign trade grew to AED754.4 billion ($205.4 billion) from 660.4 billion in 2009, data from the UAE Federal Customs Authority (FCA) showed. Exports without crude jumped 27 percent from 2009 to AED83.1 billion, while re-exports grew 26 percent. "The sturdy growth in the UAE non-oil foreign trade during 2010 despite the challenges faced by the international trade, and with the continued international financial crisis and political upheavals, confirms that the UAE foreign trade is on the right track towards normalization," the FCA said.
