Gulf Industry News
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Abu Dhabi non-oil trade hits $3.38bn

Abu Dhabi's non-oil foreign merchandise trade in January stood at Dh12.4 billion ($3.38 billion), according to figures released by the Statistics Centre - Abu Dhabi.
 
Saudi Arabia topped the list of the emirate's trade partners with Dh300 million worth of exports received from Abu Dhabi, a Wm news agency report said.
 
According to the figures, the value of exports during January 2018 increased to Dh2 billion, up 32.9 percent from Dh1.52 billion in January 2017.
 
The noticeable increase in the volume of exports comes against a decline in imports to Dh8.6 billion from Dh12.4 billion in January 2017, with re-exports hitting Dh1.733 billion.
 
The statistics cover the value of non-oil foreign merchandise trade which entered or exited the territory of Abu Dhabi through the emirate's air, sea and land points of entry, and do not cover non-oil exports and imports through ports of other emirates in the UAE.
 
Industrial accessories got the lion's share of Abu Dhabi exports, amounting to around Dh1.87 billion, thus accounting for 93.5 percent of January's total exports. Industrial commodities were valued at Dh3.6 billion out of the emirate's total imports, while transportation equipment came first in terms of re-exports, at a value of Dh992 million.
 
In terms of re-exports, China topped the list with a total of Dh286 million in January, a growth of 34.1 percent over the corresponding period in 2017. Then comes Kuwait with a total of Dh216 million worth of re-exports, then Bahrain, Dh215 million and finally Egypt, Dh191 million.
 
The largest volume of the emirate's imports in January came from the US at a total value of Dh1.1 billion. Saudi Arabia stood secodn with Dh888 million, Japan accounted for Dh877 million, China Dh574 million, and Germany Dh550 million. 



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