India has once again emerged as the top trading partner of Dubai. According to the latest figures released by Dubai Customs, Dubai's foreign trade with India in 2011-12 was over $ 68 billion, followed by China at $ 33 billion and the US at $ 18 billion. At a press conference in Dubai the Director General of Dubai Customs, Ahmad Butti Ahmad said India continues to be the largest exporter, importer and re exporter with Dubai.
The Volume of Dubai imports from India reached $ 34 billion, whereas Dubai exports to India amounted $ 12 billion and re-exports reached $23 billion.
Talking to AIR, the President of the Indian Business and Professional Council, Bharat Butaney said the figures showcase the growth of India-Dubai trade ties which are poised to go even higher. The Chairman of the Dubai Chapter of the Global Organization of People of Indian Origin, GOPIO, Kamal Vachani told AIR that the increasing bilateral trade between India and Dubai is a testimony to strong relations and contribution of NRI community in giving a push to the trade, commerce and cultural linkages.