UAE’s non-oil trade up 7 percent

June 30th, 2010 - 10:51 pm ICT by IANS  

Abu Dhabi, June 30 (IANS/WAM) The UAE’s non-oil foreign trade grew by 7 percent to Dh 56.04 billion (around $15 bn) in April this year as compared to Dh 52.34 billion in 2009.
“Non-oil exports saw a 42 percent rise to Dh 6.45 billion in April 2010 from Dh 4.55 billion in same month last year. Re-exports surged 12 percent to Dh 12.31 billion from Dh 10.95 billion while imports rose slightly by 1 percent to Dh 37.3 billion from Dh 36.84 billion,” the Federal Customs Authority (FCA) has said.

India, US, China, Japan, Germany, Britain, Italy, Saudi Arabia, Turkey and South Korea respectively topped the list of exporting countries with a total value of Dh 22.9 billion, or 62 percent of the UAE’s total imports, the FCA said in its release Tuesday.

India also topped the list of importers followed by Switzerland, Saudi Arabia, Oman, Iraq, Iran, Qatar, Kuwait, and Yemen. India remained the largest partner of UAE in terms of re-export as well, it added.



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