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Abu Dhabi’s non-oil trade hits Dh133.8b in 10 months

Abu Dhabi’s non-oil exports amounted to Dh18.8 billion in the period from January to October 2017

Gulf News

Abu Dhabi

Abu Dhabi’s total value of the trade of non-oil goods has reached around Dh133.8 billion during the first ten months of 2017, compared to Dh141.3 billion of the same period of 2016.

According to the latest statistics from the Statistics Centre-Abu Dhabi (SCAD), which was issued on Thursday, the total value of Abu Dhabi’s non-oil exports amounted to Dh18.8 billion in the period from January to October 2017 while the value of re-exports and imports reached Dh17.8 billion and Dh97.23 billion respectively.

The SCAD’s statistics focused on the capital’s non-oil trade, which were brought through the land, sea and airports or exited during the monitoring period, meaning that it does not include trade registered across all other UAE ports or that have been concluded internally with the other emirates.

Monthly non-oil trade in the emirate stood at Dh14.33 billion in October compared to Dh14.77 billion in the same month of 2016. The value of imports in October amounted to Dh9.32 billion, while the value of re-exports of non-oil goods posted Dh2.23 billion and about Dh2.86 billion for exports.

The trade of industrial supplies accounted for Dh17 billion of the total exports of the UAE during the first ten months of 2017, while transport equipment took the lion’s share in the re-export trade value with Dh7.355 billion.

In terms of imports, industrial supplies accounted for the largest part with Dh36.7 billion, followed by transport equipment and parts by about Dh28.1 billion.

The US topped Abu Dhabi’s import sources with Dh14.3 billion followed by Saudi Arabia with Dh9.5 billion and Japan Dh8.3 billion as well as South Korea with Dh5.8 billion.

With regard to the value of the emirate’s registered exports, China came first with Dh3.6 billion, followed by Saudi Arabia, Dh2.11 billion, and the US, Dh1.8 billion.

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