UAE non-oil trade logs AED 784bn in H1 – FCA

Abu Dhabi – Mubasher: The UAE’s total non-oil trade registered AED 784.2 billion ($213.54 billion) during the first six months of 2018, preliminary estimates released by the country’s Federal Customs Authority (FCA) showed.

Imports by the UAE amounted to AED 462.9 billion between January and June, with raw gold and alloys topping the imports list of with AED 57 billion or around 12% of the total value of imports for the first half of the year.

Mobile phones came in second, making up 8% of the list or around AED 37 billion, followed by cars with 6% and AED 28.9 billion, followed by gold jewellery with 5.4% or AED 25.1 billion, and diamonds worth AED 21.5 billion, representing 4.6% of non-oil trade.

Meanwhile, UAE exports amounted to AED 89.1 billion during the six-month period ended 30 June 2018, with gold topping the list with AED 21.5 billion, representing 24% of total exports.

Raw aluminum came in second at AED 8.9 billion, making up 10% of exports, followed by cigarettes worth AED 5.5 billion, representing 6.2%, jewellery worth AED 5 billion at 5.6% of exports, ethylene polymers worth AED 3.7 billion at 4% of exports, the FCA said.

Re-exports also amounted to AED 232.2 billion during the six months to 30 September 2018, data by the FCA showed.

Mubasher Contribution Time: 12-Nov-2018 15:15 (GMT)
Mubasher Last Update Time: 12-Nov-2018 15:15 (GMT)