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SAUDI ARABIA TOP PARTNER

Abu Dhabi's trade with Saudi Arabia is valued
at Dh7 billion during January-May.

Abu Dhabi non-oil trade with 4 GCC states hits $3bn

ABU DHABI, August 23, 2017

Abu Dhabi's non-oil trade with four GCC states hit Dh11.33 billon ($3.08 billion) during the first five months of the year, with Saudi Arabia coming on top of the emirate's Gulf trade partners, a report said.

According to the Statistics Centre- Abu Dhabi, the four countries, which include Saudi Arabia, Bahrain, Oman and Kuwait claim 15.5 per cent of Abu Dhabi's total trade with all world countries which stood at Dh73 billion since the beginning of the year until May, reported Wam, the official Emirates news agency.

In more detail, Abu Dhabi's trade with Saudi Arabia is valued at Dh7 billion during the monitored period, accounting for 62 per cent of the emirate's total trade with the four nations, and reflecting the strong ties binding the two nations across all domains, including trade.

Kuwait comes second among the four nations, with total non-oil trade of Dh1.73 billion, followed by Bahrain at Dh1.6 billion and then Oman at Dh1.1 billion.

Abu Dhabi's total non-oil trade with the outer world surged to Dh73 billion during the first five months of the year, accounting 43 per cent of the emirate's total trade all through 2016, which stood at Dh170 billion.




Tags: abu dhabi | GCC | Non-oil trade |

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