UAE’s trade surplus with India raised to Dh2.2 billion throughout the initial quarter this current year from a trade shortage of Dh7.3 billion throughout the identical time period last year, based on a written report introduced by the Ministry of Foreign trade. The report credited this positive change to the big increase of 273 percent in the price of UAE non-oil exports that went upwards from Dh2.2 billion through the initial quarter of 2009 to Dh8.4 billion this year. Furthermore, the worthiness involving India-bound re-exported UAE products rose by 162 per cent, rising from Dh4.4 billion to Dh11.5 billion throughout the identical assessment time period. The report additionally says there is an 83 percent increase in the value of non-oil overseas trade relating to the two countries, increasing from Dh20.5 billion to Dh37.5 billion. It is also anticipated that the value of commercial exchange involving both nations will increase from Dh108 billion in ’09 to Dh120 billion in 2010. In the report, it is also pointed out that India may be the UAE’s largest trade partner, while the UAE will be the number one trade partner regarding Indian exports, and 2nd in relation to Indian imports, coming in 2nd following China. The areas in which India’s exports to the UAE are very well diversified consist of gems and jewellery, engineering goods, tea, vegetables, fruit, spices, meat and its preparations, rice, materials and attire and chemical substances, apart from RMG cotton which includes accessories, man-made yarn, output of metals, fabrics and made-ups, sea items, machinery and instrument