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Abu Dhabi's 2007 non-oil exports reach Dhs3.7bn

Non-oil exports from the Abu Dhabi have reached Dhs3.7bn. While Abu Dhabi's re-exports touched Dhs2.4bn highlighting the growing role of Abu Dhabi as a vital trading hub as per a report published by the Customs Directorate at the Abu Dhabi Department of Finance (DoF).

  • United Arab Emirates: Sunday, May 25 - 2008 at 16:58
  • PRESS RELEASE


H.E. Saeed Ahmed Al Muhairi, Vice Director of the Abu Dhabi Customs Administration.
H.E. Saeed Ahmed Al Muhairi, Vice Director of the Abu Dhabi Customs Administration.


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The report includes import, export and re-export data on Abu Dhabi's top ten trading partners.

Qatar (Dhs873.7m), China (Dhs518.4m) and Saudi Arabia (Dhs500m), rank as the top three destinations for Abu Dhabi's non-oil exports.

India was the leading re-export destination from Abu Dhabi with re-export volumes to India reaching Dhs559.6m, followed by re-exports to Oman (Dhs411.3m) and Qatar (Dhs380.2m).

'The report highlights the open economy in Abu Dhabi following the direction provided by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, the President of the UAE, and His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. As an organization, we are fully prepared to play a key role in increasing the Emirate's revenues by energizing bi-lateral trade with our partners,'



said H.E. Saeed Ahmed Al Muhairi, Vice Director of the Abu Dhabi Customs Administration.

'We are pleased at bi-lateral trade growth which reflects the status of Abu Dhabi as an increasingly important and vital commercial hub in the region.

The Abu Dhabi Customs Administration is committed to implementing the guidelines of H.H. Sheikh Mohammed Bin Khalifa, Chairman of DoF and the strategic vision of H.E. Hamad El Hurr Al Suwaidi, DoF's Undersecretary, in our bid to play a key role in the economic growth of the UAE,' he added.

In 2007, Abu Dhabi's imports reached Dhs18.9bn with Japanese imports into Abu Dhabi accounting for Dhs4.4bn.

Saudi Arabia was the second biggest import partner for Abu Dhabi with Dhs3.3bn of Saudi exports to the Emirate. Germany was in third place with Dhs2.6bn.




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Eman Hassan Posted by Eman Hassan
Sunday, May 25 - 2008 at 16:58 UAE local time (GMT+4)

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