UAE –  Abu Dhabi's non-oil foreign trade increased by 7.2% year-on-year (YoY) to around AED 17.79 billion in February 2020 from AED nearly AED 16.59 billion in the same month of 2019.

The non-oil exports reached AED 4.52 billion in February, up by 2.4% from AED 4.41 billion in the year-ago period, according to the latest data by the Statistics Centre Abu Dhabi (SCAD).

Abu Dhabi witnessed an 11.2% drop in re-exports to AED 4.01 billion in February 2020 from AED 4.52 billion in the same month of 2019.

Imports jumped to around AED 9.26 billion in February, compared to AED 7.66 billion in February 2019, increasing by 20.8%.

In February, Saudi Arabia topped the export, import, and re-export lists with AED 2.15 billion, AED 1.38 billion, and AED 1 billion, respectively.

On a monthly basis, the non-oil trade in Abu Dhabi declined by 7.7% or AED 1.5 billion to nearly AED 17.79 billion in February from AED 19.29 billion in January.

During the first two months of 2020, the non-oil trade grew by 3.6 % to AED 37.07 billion, compared to AED 35.79 billion in the corresponding period of 2019.

Source: Mubasher

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