UAE –  Abu Dhabi’s non-oil merchandise trade declined by 6.1% year-on-year (YoY) to around AED 194.43 billion during the first 11 months of 2019 from around AED 207 billion in the same period of 2018.

The non-oil exports from Abu Dhabi registered an 11.4% slide to AED 52.51 billion in the January-November period of 2019, against AED 59.26 billion in the same nine months of 2018, according to recent statistics by Statistics Centre ? Abu Dhabi (SCAD).

Meanwhile, Abu Dhabi reported a 9.8% decline in imports to around AED 93.99 billion during the nine months of 2019 from AED 104.25 billion during the year-ago period. The re-exported goods hiked by 10.2% to AED 47.92 billion in 2019 from AED 43.5 billion in 2018.

As for the top trade partners with the emirate, Saudi Arabia headed the list of exports, imports, and re-exports at AED 23.56 billion, AED 15.87 billion, and around AED 11.11 billion, respectively, in the nine months of 2019, when compared to 2018.

It is noteworthy to mention that during the first 10 months of 2019, the non-oil trade reached around AED 176.13 billion from around AED 189.59 billion in the same period of 2018.

 

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.