nonoil trade hits dh7598bn
Last Updated : GMT 01:26:51
Arab Today, arab today
Arab Today, arab today

Non-oil trade hits Dh759.8bn

Arab Today, arab today

Arab Today, arab today Non-oil trade hits Dh759.8bn

Abu Dhabi - WAM

UAE non-oil foreign trade in the first 10 months of 2011 surged to Dh759.8billion showing an increase of Dh137.3billion in comparison to the same period in 2010. Federal Customs Authority (FCA) initial statistical data indicates a year-on-year (YoY) increase of 22 per centin UAE\'s non-oil foreign trade from January to the end of October, 2011. The data for the first 10 months of 2011 indicate a non-oil foreign trade increase from Dh622.5billion in 2010 to Dh759.8billion in 2011 showing a growth of Dh137.3billion. Data on import growth reveals a 24 per cent increase, thus moving from Dh399.2billion in 2010 to Dh493.8billion in 2011 for same period. According to FCA, \"Exports witnessed a growth rate hitting 34 per cent during the period in question due to a value increase from Dh70.2billion to Dh93.9billion. Re-exports, however, experienced a growth rate of 12 per cent to go up from Dh153billion to Dh172.1billion for the same period.\" For FCA, in terms of value, UAE total foreign trade in October alone, 2011, valued YoY Dh83.5billion compared to Dh66.4billion with an increase of 26 per cent. October Imports, in turn, hit YoY Dh57.1billion with an increase of 36 percent. Exports achieved YoY Dh9.8billion with an increase of 15 per cent. Yet, re-exports recorded a YoY decrease of 5 per cent to hit Dh16.6billion. However, weight-wise UAE total foreign trade in October, 2011 has hit 7.5 m tons, of which 4.3 m tons in imports, 2.5 m tons in exports and 727 thousand tone in re-exports. According to the FCA India, USA, China, Japan, Germany, France, UK, Italy, Switzerland, and South Korea, respectively, topped exporters\' list in October, 2011 with a total value of Dh36.1billion, or 63 per cent of the UAE total imports. \"On the level of non-oil exports, India, Iran, Singapore, Turkey, Thailand, Switzerland, Saudi Arabia, Kuwait, Iraq, and Qatar, respectively, spearheaded importers from the UAE with Dh6.6billion, accounting for 67 per cent of the UAE exports\". The FCA added. \"Meanwhile, Iran, India, Belgium, Iraq, Hong Kong, Saudi Arabia, Kuwait, Bahrain, Afghanistan, Kuwait, and Oman, respectively, topped the list in terms of re-exports with Dh11.4billion, representing 69 per cent of the UAE total re-exports.\" The total value of UAE-GCC non-oil foreign trade hit Dh6.1billion in October, 2011, of which Dh3billion in imports, Dh1.1billion in exports and Dh2billion in re-exports. Saudi Arabia maintained its first rank among GCC region\'s trading partners with a total value of Dh2.3billion. Kuwait came second with Dh1.5billion, followed by Bahrain (Dh860 m), Oman (Dh831 m) and finally Qatar (Dh621 m). Further, FCA press release read, \"UAE total foreign trade with Arab countries in terms of value amounted to Dh11.2billion in October, 2011, with Dh5.5billion worth of imports, Dh2billion worth of exports and Dh3.6billion of re-exports. The preliminary statistical data of October, 2011, showed that gold ranked first among imports with a value of Dh9.7billion, followed by other aircraft with Dh3.9billion, diamond with Dh3.5billion, cars with Dh2.9billion, ornaments and jewelry with Dh2.4billion. Gold, according to FCA, also came first among exports in October, 2011, with Dh5.4billion, followed by petroleum oils and other derivatives with Dh318 m, ethylene polymers with Dh310 m, then ornaments and jewelry and related parts with Dh238 m. On the level of re-exports, diamond came first with a total value of Dh3.4billion, followed by ornaments and jewelry and related parts (Dh1.7billion), cars (Dh1.2billion), telephone sets (Dh879 m). The total trade volume of UAE free zones and markets in October, 2011, amounted to Dh1.7billion.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nonoil trade hits dh7598bn nonoil trade hits dh7598bn

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nonoil trade hits dh7598bn nonoil trade hits dh7598bn

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Banyan Tree Phuket Takes Festive Season

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Top Democrat faces investigation

GMT 09:50 2017 Friday ,17 November

Top Democrat faces investigation
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Angola oil boss sacked by father's protege

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Urban, young and active?

GMT 11:01 2017 Thursday ,16 November

Urban, young and active?
Arab Today, arab today Ayten Amer happy for “The Flood” success

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success
Arab Today, arab today Unloved vultures fight for their survival

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 08:21 2017 Tuesday ,14 November

Nelly Karim focuses on humanitarian roles

GMT 09:23 2017 Wednesday ,15 November

Years melt away as Bening & Bell play unlikely lovers

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 13:40 2017 Monday ,13 November

Pollution spikes in Delhi amid warnings

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 10:55 2017 Thursday ,16 November

UN warns fuel running out

GMT 01:04 2017 Wednesday ,15 November

In Morocco, a blue tourist town

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday