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Abu Dhabi Non-Oil Trade Up 15.7%

Abu Dhabi Non-Oil Trade Up 15.7%

Abu Dhabi’s non-oil merchandise trade rose 15.7 per cent year on year in the second quarter to Dh42.4 billion, said Statistics Centre-Abu Dhabi, or Scad, in its latest report.

The trade growth reflects an increase of Dh1.7 billion or 6.1 per cent year on year in non-oil imports, an increase of Dh4.4 billion or 97.5 per cent year on year in non-oil exports, offset partially by a decrease of Dh335 million in re-exports during in the April-June period of 2015.

Non-oil imports, exports and re-exports contributed 68.9 per cent, 21.1 per cent and 10 per cent, respectively, of total merchandise trade through Abu Dhabi Ports in the second quarter of 2015. According the report SCAD, ‘machinery and transport equipment’ was the largest contributor to imports, representing 50.8 per cent of the total. Its value increased by 10.7 per cent to Dh1.4 billion compared with the same period previous year. Details

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