Abu Dhabi non-oil foreign trade hits $21.84bn in 5 months The value of Abu Dhabi’s non-oil foreign trade reached AED80.23 billion ($21.84 billion) during the first five months of 2020, the Abu Dhabi Customs has announced. Exports value reached AED23.20 billion ($6.32 billion) and the re-export value hit AED14.79 billion, while imports amounted to AED42.24 billion. Saudi Arabia remained the top trading country with Abu Dhabi during the period with the trade reaching AED17.91 billion. Pearl, precious stones, precious metals, and their manufactures topped the list of most exported non-oil goods with a value of AED6.27 billion during the first five months of this year, followed by common metals and their manufacture with a value of AED5.92 billion. Transportation equipment was first on the re-export list with a value of AED5.59 billion, while machines, recording devices, and audio and visual broadcasting equipment topped the importat list at AED9.65 billion. Saeed Saad Al Qahtani, Head of Khalifa Port Custom Centre, in his statements to Emirates News Agency (Wam) said Khalifa Port Custom Centre had witnessed a growth in standard containers entry by about seven percent during the first quarter of this year compared to the same period last year. The Khalifa Port Custom Centre had received about 78,000 standard containers during the same period to meet the community’s necessary needs of commodities, food, and medicine, he added. The value of non-oil goods trade is limited to goods that entered or exited the land, sea and air outlets of the emirate of Abu Dhabi, which means that these goods do not represent all of Abu Dhabi’s non-oil trade with the world as it does not include trade that was carried out through other outlets in the country. In a related context, the Economic Stimulus Package, which was recently launched by the General Administration of Customs in Abu Dhabi to support importers and traders in the emirate contributed to enhancing the foreign trade movement of Abu Dhabi. Source: Trade Arabia 2020-07-20 12:00:00

Geplaatst op maandag 20 juli 2020. Leestijd : 2 minuuts

Abu Dhabi non-oil foreign trade hits $21.84bn in 5 months

The value of Abu Dhabi’s non-oil foreign trade reached AED80.23 billion ($21.84 billion) during the first five months of 2020, the Abu Dhabi Customs has announced.

Exports value reached AED23.20 billion ($6.32 billion) and the re-export value hit AED14.79 billion, while imports amounted to AED42.24 billion.

Saudi Arabia remained the top trading country with Abu Dhabi during the period with the trade reaching AED17.91 billion.

Pearl, precious stones, precious metals, and their manufactures topped the list of most exported non-oil goods with a value of AED6.27 billion during the first five months of this year, followed by common metals and their manufacture with a value of AED5.92 billion.

Transportation equipment was first on the re-export list with a value of AED5.59 billion, while machines, recording devices, and audio and visual broadcasting equipment topped the importat list at AED9.65 billion.

Saeed Saad Al Qahtani, Head of Khalifa Port Custom Centre, in his statements to Emirates News Agency (Wam) said Khalifa Port Custom Centre had witnessed a growth in standard containers entry by about seven percent during the first quarter of this year compared to the same period last year. The Khalifa Port Custom Centre had received about 78,000 standard containers during the same period to meet the community’s necessary needs of commodities, food, and medicine, he added.

The value of non-oil goods trade is limited to goods that entered or exited the land, sea and air outlets of the emirate of Abu Dhabi, which means that these goods do not represent all of Abu Dhabi’s non-oil trade with the world as it does not include trade that was carried out through other outlets in the country.

In a related context, the Economic Stimulus Package, which was recently launched by the General Administration of Customs in Abu Dhabi to support importers and traders in the emirate contributed to enhancing the foreign trade movement of Abu Dhabi.

Source: Trade Arabia

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