Abu Dhabi's non-oil foreign merchandise trade hits AED37.1 billion

Business Monday 04/May/2020 16:59 PM
By: Times News Service
Abu Dhabi's non-oil foreign merchandise trade hits AED37.1 billion

Abu Dhabi: The value of non-oil foreign merchandise trade through Abu Dhabi ports hit AED37.1 billion in January and February 2020, up 3.6 per cent from AED35.8 billion during the comparable period last year, according to figures released by Abu Dhabi Statistics Centre (SCAD).
Imports increased by 12.5 per cent from AED17.11 billion to AED19.25 billion during the reference period and re-exports dropped from AED8.8 billion to AED7.81 billion in the reference period.
SCAD noted that Saudi Arabia continued to be the key trade partner of Abu Dhabi during the reference period with two-way trade value standing at AED8.531 billion, accounting for 23 per cent of the emirate's total trade in the reference period.
The US came in second place with AED2.4 billion, followed by the UK at AED1.8 billion and then Japan at AED1.74 billion.