Thursday 27 June 2019

Abu Dhabi export value index up 7.6pc in Q2

ABU DHABI, September 24, 2018

The Export Unit Value Index in the Emirate of Abu Dhabi was up to 87.3 per cent during Q2, a growth of 7.6 per cent from 81.2 per cent during the same period in 2017, a media report said.

In the meantime, the Import Unit Value Index likewise increased to 108.7 per cent during the same monitored period from 103.4 per cent as compared to the same period last year, reported Emirates news agency Wam, citing Statistics Centre- Abu Dhabi (SCAD).

The statistics provide an analysis of the results of the calculation Import-Export Unit Value Index (MXUVI) for Q2 with the base year 2014 according to the "Harmonized System" sections and the classification of "broad economic categories".

The United Arab Emirates is one of the developed countries that has established its position on the global trade map. It has maintained its position as the most important market for commodity exports and imports in the region.

It has also strengthened its role in the international trade scene strongly over the past years, with the economic development of the Emirate of Abu Dhabi taking on a great deal of interest in the political leadership and government plans for achieving progress and development and keeping pace with the developed world.

The SCAD is the official body in charge of issuing all official statistics, which in turn fulfil the requirements of Abu Dhabi Plan in providing accurate statistical information and data to support the decision-making process.

Tags: | abu dhabi |

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