22.4 C
Cairo
April 19, 2024
Business

Non-oil foreign trade in Abu Dhabi increased by 12 percent in H1 to AED124 billion

In the first half of 2022, Abu Dhabi’s non-oil foreign trade totaled about AED124 billion, an increase of 12% over AED110 billion and 313 million recorded in the same period in 2020 according to Abu Dhabi Customs. Exports increased by 26% in the first half of this year to AED49 billion and 479 million, up from AED39 billion and 193 million in 2021. Re-export activities increased to 6% at a value of AED23 billion and 43 million, up from AED21 billion and 689 million last year, while UAE exports increased 4%, reaching about AED51 billion and 475 million, up from AED49 billion and 432 million last year.

Non-oil foreign trade in Abu Dhabi increased by 12 percent in H1 to AED124 billionCompared to 2021, the value of the trade-in commodities from normal metals and their products increased by 22% to AED24 billion and 516 million. Sound and image machinery, broadcasting equipment, and their accessories recorded growth of 23% during this period, compared to AED17 billion and 903 million last year. Pearls, gemstones, precious metals, and their products were traded at a value of AED17 billion and 245 million last year, an increase of 40%.

Related posts

ADNOC announces gas discovery offshore of Abu Dhabi

Admin

UAE to introduce federal corporate tax on business profits from June 2023

Admin

Masdar GEDP sign deal to develop largest solar power plant in Georgia

Admin

UAE to participate in Gujarat investor summit as Partner Country

Admin

ADNOC, TAQA announce $3.6 billion project to decarbonise operations

Admin

Renewable energy and innovation in focus as ME LPG Week concludes

Admin