The value of the United Arab Emirates’ food exports and re-exports edged up by 2.6 per cent in 2014 to AED16.9 billion, from AED16.4bn in 2013.
A report on the 2014 non-oil trade by the UAE’s Federal Customs Authority indicates that food re-exports grew by five per cent to AED8.2bn last year, as against AED7.5bn a year earlier.
Meanwhile, UAE food exports – locally manufactured – inched up slightly to AED8.74bn in 2014, compared with AED8.73bn in 2013.
Vegetables and fruits accounted for 16 per cent of the UAE’s total food trade with AED10.6bn, followed by dairy products, meats and sugar products among others, the report published by Al-Ittihad reveals.
The total value of the UAE food trade increased to AED66.2bn in 2014 from AED61.3bn in 2013. Food trade comprised six per cent of the UAE’s direct non-oil trade.
The UAE’s food exports reached AED49.4bn last year, as against AED44.8bn in 2013.
The value of the country’s foreign trade stood at AED1.07 trillion by the end of 2014.