 By 2014 , China had emerged as Dubai 's largest international trading partner , with a total of $ 47 @.@ 7 billion in trade flows , up 29 % from 2013 . India was second among Dubai ’ s key trading partners with a trade of $ 29 @.@ 7 billion , followed by the United States at $ 22 @.@ 62 billion . The Kingdom of Saudi Arabia was Dubai ’ s fourth trading partner globally and first in the GCC and Arab world with a total trade value of $ 14 @.@ 2 billion . Trade with Germany in 2014 totalled $ 12 @.@ 3 , Switzerland and Japan both at $ 11 @.@ 72 billion and UK trade totalled $ 10 @.@ 9 billion . 
