Asset management Economy

Abu Dhabi non-oil foreign trade surges in H1 2018

  • share this article

Monday 17, September 2018 BY KUDAKWASHE MUZORIWA

Abu Dhabi's has recorded AED 80.1 billion worth of non-oil foreign trade during H1 2018, according to local newswire, WAM.

According to the Statistics Centre- Abu Dhabi, the emirate's non-oil exports increased by 10.5 per cent to AED 11.08 billion during H1 compared to AED 10.9 billion during the corresponding period in 2017 and re-exports grew significantly by 10.5 per cent from AED11.12 billion.

 The emirate's non-oil trade surged to a one-month peak of AED 12.4 billion in June 2018, a growth of 30 per cent from the same month last year.

The statistics cover the emirate's non-oil trade conducted through its land, sea and air ports, however it does not include all the emirate's trade with the outer world or with country's other emirates.

print this article