DIEZ’s contribution to Dubai’s non-oil trade rises to 13.7%: H.H. Sheikh Hamdan

The Dubai Integrated Economic Zones Authority (DIEZ) has marked a "record milestone" for 2024, with total trade across its economic zones crossing AED336 billion, marking a 19 per cent increase from the previous year.

Revealing the stats, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Minister of Defence, said the "growth raises DIEZ’s contribution to Dubai’s non-oil trade to 13.7 per cent and reinforces its role as a major driver of the emirate’s economic expansion".

DIEZ's economic zones includes Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity.

Sheikh Hamdan, who also holds the position of Chairman of The Executive Council of Dubai, highlighted that the "achievement" reflects the "visionary leadership of Mohammed bin Rashid and his determination to reinforce Dubai’s role as a global business hub, in line with the D33 Agenda".

We are pleased to share a record milestone achieved by the Dubai Integrated Economic Zones Authority (DIEZ). Its free zones, the Dubai Airport Freezone, Dubai Silicon Oasis, and Dubai CommerCity, recorded trade transactions of over AED336 billion last year, a 19% increase from…

— Hamdan bin Mohammed (@HamdanMohammed) September 21, 2025

His Highness expressed his confidence that the "team headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum will continue to deliver outstanding achievements by harnessing Dubai's economic dynamism and global growth potential".

Dubai Integrated Economic Zones Authority (DIEZ) achieved record growth in its total trade across the three economic zones in 2024, reaching a value of AED336 billion, a 19% increase compared to 2023. DIEZ also achieved a 13.7% share of Dubai’s non-oil trade, its highest-ever… pic.twitter.com/n9nWECrxD4

— Dubai Media Office (@DXBMediaOffice) September 21, 2025

DIEZ’s growth was supported by increased flows of goods and services, coupled with strengthened partnerships with key global markets, reinforcing DIEZ’s role as a central driver of Dubai’s non-oil trade growth.

In terms of volume, DIEZ trade rose by over 28 per cent in 2024 reaching 444,300 tonnes, compared to the previous year, which recorded 346,700 tonnes. This increase reflects real growth in the movement of goods alongside higher trade values.

His Highness Sheikh Ahmed, Chairman of DIEZ, said, “DIEZ’s remarkable performance in 2024, which marks a fourth consecutive year of growth, reflects Dubai’s rising stature as a global economic and trade hub and a preferred choice for international companies and investors."

Trade in key sectors reached its highest levels in 2024, with the machinery, electrical and electronics sectors accounting for approximately 72 per cent of DIEZ’s total trade, achieving a growth of 17 per cent. The precious stones, precious metals, jewelry and ornaments achieved a remarkable growth of 33 per cent, contributing to approximately 22 per cent of the total. Together, these two sectors represented around 94 per cent of DIEZ’s overall trade.