Dubai Trade—Building Competitive Advantage Through Collaboration

emirates_competitive_council

Today, the UAE is one of the world’s preferred trade and logistics hubs. In 2012 the World Bank Doing Business Report ranked the UAE 5th for the ease of Trading Across Borders, out of 183 countries.1 This is significant in a world of rising global interdependence and growth in international trade. Trade is a key economic activity in the globalized economy, as reflected in the dramatic rise in exports internationally. Between 1994 and 2009, total world exports increased by 120% from US$5 trillion to US$11 trillion,2 surpassing world GDP growth.

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