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IMPORTS UP 5.8pc

Abu Dhabi non-oil foreign trade tops $5bn in January

ABU DHABI, April 16, 2020

The value of non-oil foreign merchandise trade through Abu Dhabi ports increased by 0.5 percent from Dh19.2 billion ($5.22 billion) in the year to date in January 2019 to Dh19.3 billion in the same period of 2020, a media report said.

Imports increased by 5.8 percent from Dh9.4 billion in Jan. 2019 to Dh10 billion in the same period of 2020, and non-oil exports increased by 0.4 percent from Dh5.47 billion to Dh5.49 billion in the reference period, reported state news agency Wam, citing figures released by Abu Dhabi Statistics Centre (SCAD).

Re-exports reached Dh3.8 billion in the reference month. Percentage contribution of imports, non-oil exports and re-exports to the value of non-oil foreign merchandise trade in January 2020 stood at 51.8 percent, 28.5 percent and 19.7 percent respectively.

SCAD noted that Saudi Arabia was the key trade partner of Abu Dhabi in 2019 with two-way trade value standing at Dh4 billion, accounting for 21.1 percent of the emirate's total trade in January 2020.

Chine in the second place with Dh1.7 billion, followed by the US at Dh1.3 billion and then UK at Dh881 million.




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