India second top export destination for Dubai: report

Dubai, Dec 23: India is the second top export market for Dubai, accounting for 11 per cent of the emirate's total exports, according to a report.

Iran tops the list, with a share of AED 94.3 billion, or 15.2 per cent of total exports, which reached AED 621 billion, the Dubai Chamber of Commerce and Industry (DCCI) report added. India follows with a share worth AED 68.3 billion, with Saudi Arabia in third place, registering a 5.7 per cent share at AED 35.4 billion. ''Although export performance in traditional niche markets remained positive, increasingly positive performance scores in other markets are shown to be due to content diversification,'' DCCI said.

India is the sixth largest exporter to Dubai, after Japan, the US, Germany, China and the UK.

UNI