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UAE foreign trade up 10.5% in H1 2012
- United Arab Emirates: Tuesday, November 06 - 2012 at 00:37
According to the UAE National Bureau of Statistics (NBS), total value of the country's foreign trade in the first half of 2012 climbed 10.5% to Dhs499bn, compared with Dhs451.6bn for the same period in 2011, Gulf News has reported. The total non-oil foreign trade rose 39.7% to Dhs77bn in the first half of 2012, compared with Dhs55.1bn in 2011, NBS said. Non-Arab countries in Asia were the main trade partners of the UAE in the first half of 2012, the report noted. "Non-Arab Asian countries ranked first amongst UAE trade partners with traded commodities amounting to Dhs230.4bn, 46.2% of the traded volume of commodities with the rest of the world," it said.
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