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UAE’s non-oil trade hits $214bn in H1 2019

ABU DHABI, April 3, 2020

UAE’s non-oil trade in the first half of 2019 increased to Dh786 billion ($214 billion), a 3.3 per cent growth compared to Dh760.5 billion in the first half of 2018, a media report said.

All non-oil-related trade indexes in the UAE improved in the first half of 2019, led by export and re-export trade indexes, reported state news agency Wam, citing the Federal Competitiveness and Statistics Authority (FCSA).

The International Merchandise Trade Statistics is a specialised and comprehensive collection of data that provides official statistics on merchandise movements between countries and regions, and the continued interest in international merchandise trade is due to its critical role in achieving economic development.

The value of re-exports increased in the first half of 2019 to Dh226.2 billion, a 3 per cent increase compared to Dh219.8 billion in the same period of 2018.

The value of exports amounted to Dh341.9 billion in the first half of 2019, a 6 per cent increase compared to Dh322.4 billion in the same period of 2018.

The value of imports amounted to Dh444 billion in the first half of 2019, a 1.4 per cent increase compared to Dh438 billion in the same period of 2018.




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