Complex Made Simple

Abu Dhabi non-oil trade amounts to AED56bn in 4 months

Meanwhile, imports rose by 10.7 per cent and re-exports nudged up by 15 per cent

Abu Dhabi’s non-oil trade surged by 18 per cent in the first four months of the current year to stand at AED56.1 billion compared with AED47.5bn in the same period last year, according to official figures.

The emirate’s imports during the January-April period amounted to AED39.3bn against AED35.4bn in the same period of 2014, indicating a rise of 10.7 per cent, data by the Statistics Centre of Abu Dhabi.

The figures published by Al-Ittihad also shows that non-oil exports of the emirate shot up by a massive 60.6 per cent, totalling AED10.6bn from AED6.6bn in the corresponding period of 2014.

Re-exports nudged up by 15 per cent during the four-month period to reach AED6.2bn from AED5.3bn in the same period last year, the data reveals.

The emirate’s imports during April came from the United States of America (AED1.4bn), Singapore (AED1.1bn) and Saudi Arabia (AED1bn). These three countries accounted for 37 per cent of the emirate’s imports in April.

The main destinations of Abu Dhabi’s exports include Saudi Arabia (AED869 million), Switzerland (AED813m) and China (AED314m).