Total trade between the Philippines and UAE already crossed Dh1.3 billion from January to May 2021 and is pegged to surpass pre-pandemic levels
Ahead of the Expo 2020 Dubai opening this October, the Philippine Department of Trade and Industry (PDTI) is optimistic that the global event would catalyze robust and sustainable increase in trade exchanges between the Philippines and the United Arab Emirates and the wider Middle East, as bilateral trade between the two nations rose 32 per cent during the first 5 months of 2021.
The PDTI, the lead implementing agency of the Philippines’ participation in Expo 2020 Dubai, said the country’s total trade (export and import) with the UAE crossed Dh1.33 billion ($362 million) for the period of January to May 2021, with exports valued at Dh411 million ($112 million) and imports at Dh918 million ($250 million).
PDTI Assistant Secretary for the Trade Promotions Group and PH Expo 2020 Dubai, Alternate Commissioner General Rosvi…