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Dubai: Diamonds, Jewelry Top 1H Imports, Exports

Sep 11, 2006 7:49 AM   By Jeff Miller
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The statistics department of Dubai World Trade Center puts  non-oil trade in Dubai, between January and June 2006, up 8.6 percent to AED150.75 billion ($41.1 billion.) Exports from Dubai rose 55 percent to AED8.5 billion and imports rose 10 percent to AED102.3 billion.

Diamonds and gemstones, precious metals and jewelry, accounted for 22 percent of the total (imports and exports combined) or about $6.3 billion for the first half of 2006.

However, precious and semi-precious stones topped the list of exports for a single category or 29 percent of the total at about $680,600. Precious metals accounted for about 22 percent of the total exports or $517,300.

Gemstones and jewelry were at the top of Dubai's  re-exports, accounting for  33 percent of the total, or about $3.63 billion.

China nudged out  India as the main source of Dubai's imports, but India was the main source of Dubai's exports. Iran was the top re-export destination during the first half.

Tags: China, Dubai, India, Jewelry
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