Abu Dhabi's non-oil foreign trade soars to over $23 billion in H1 2016

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ABU DHABI, 26th October, 2016 (WAM) -- Abu Dhabi's non-oil foreign trade through various customs ports was AED84.349 billion, registering an increase of AED59 million compared to the same period last year, according to the General Administration of Customs Abu Dhabi.

The value of imports reached AED57.363 billion and exports reached AED17.305 billion, representing a 2.9 percent increase compared to the same period last year. The value of re-exports was AED9.681 billion, an increase of 7.5 percent.

Mohammed Khadem Al Hameli, Acting Director-General of the General Administration of Customs Abu Dhabi, said, "In line with the strategic vision to promote economic growth and prosperity, Abu Dhabi Customs continuously seeks to facilitate and accelerate customs procedures and operations across the emirates different ports. This helps in maximising Abu Dhabis economic competitiveness and increases its attractiveness to foreign investment. Also, Abu Dhabi Customs is committed to developing its e-Systems to become smart, and continues to identify new ways of collecting customs revenue in line with its significant role to help achieve Abu Dhabis strategic objectives and in accordance with the highest international standards." He added, "Abu Dhabi Customs plays an active role in maintaining a secure and prosperous society and protecting the environment. The administration is also committed to enhancing inspectors skills by providing the necessary training programmes, and providing them with advanced electronic and smart services to support their performance."The value distribution of imports across sea, air and land customs ports was AED32.653 billion, representing 57 percent of the total value of non-oil imports.

The value of non-oil exports through sea customs ports was AED10.193 billion, 59 percent of the total exports, through airports it was AED3.242 billion, 19 percent, while the value of exports through land borders was AED3.870 billion, or 22 percent of the total value of non-oil exports. Major products under the non-oil exports category included plastic, rubber, copper and aluminum.

The value of distribution of re-exports through airports was AED7.490 billion, or 77 percent of the total value of re-exports. Through seaports, the value was AED1.155 billion, representing 12 percent of the total value, and re-exports through land borders reached AED1.036 billion, or 11 percent of the total value of re-exports.