Thursday 13 August 2020

Abu Dhabi non-oil foreign trade hits $21.8bn in H1

ABU DHABI, September 17, 2018

Abu Dhabi's non-oil foreign trade during the first half (H1) of the year amounted to Dh80.1 billion ($21.8 billion), with the month of June recording a growth of 30 per cent, a media report said.

The emirate's non-oil exports stood at around Dh11.08 billion during H1, up 10.5 per cent from Dh10.9 billion in the corresponding period of 2017, with re-exports significantly increasing by 10.5 per cent from Dh11.12 billion to Dh12.3 billion during the same monitored period, reported Emirates news agency Wam, citing figures recently released by the Statistics Centre- Abu Dhabi.

In the meantime, imports dropped to Dh56.7 billion in June against Dh58.4 billion on the same month last year, corroborating a rationalised consumption trend across the emirate.

The statistics cover the emirate's non-oil trade conducted through its land, sea and air ports, and do not include all the emirate's trade with the outer world, nor do they include Abu Dhabi's trade with the country's other emirates.

On a monthly level, Abu Dhabi's non-oil trade jumped to a one-month peak of Dh12.4 billion in June, a growth of 30 per cent from the same month last year.

The emirate's manufacturing supplies accounted for 89.3 per cent of the emirate's exports during H1, with a total value of Dh9.9 billion, while food exports stood at Dh515 million.

Transportation equipment and accessories got the lion's share of re-exports, reaching to Dh5.4 billion during H1 followed by consumables, at Dh3.3 billion, then came production supplies at a total of Dh2.6 billion.

In the meantime, the emirate's manufacturing imports reached Dh21.7 billion, while transportation imports stood at Dh16.7 billion, production supplies, Dh9.6 billion and consumables, Dh5 billion.

Tags: abu dhabi | non-oil | foreign trade |

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