abu dhabi nonoil trade surges 242
Last Updated : GMT 09:59:20
Arab Today, arab today
Arab Today, arab today

Abu Dhabi non-oil trade surges 24.2%

Arab Today, arab today

Arab Today, arab today Abu Dhabi non-oil trade surges 24.2%

Abu Dhabi - Arabstoday

Abu Dhabi’s non-oil trade grew 24.2 per cent year-on-year in March on the back of higher imports of machinery and transport equipment as construction of oil and gas projects take momentum, latest statistics show. The value of non-oil merchandise trade in March 2012 totalled Dh13.52 billion, with imports valuing Dh10.79 billion, 79.8 per cent of the total. Non-oil exports were seen at Dh1.83 billion and re-exports at Dh0.90 billion, show the monthly data published by Statistics Centre-Abu Dhabi, or SCAD. According to the data, total non-oil merchandise trade surged 8.8 per cent month-to-month in March, resulting from an increase of 15.1 per cent in imports. However, re-exports valuing Dh320 million or 14.6 per cent dropped in the month, while non-oil exports remained largely unchanged. A year-on- year comparison shows, a growth of 24.2 per cent in total non-oil merchandise trade, with imports rising by 20.3 per cent, exports by 100 per cent, while the value of re-exports dropped 13.6 per cent. Imports in March rose largely due to an increase of 22.4 per cent in manufactured goods, classified chiefly by material and 7.6 per cent surge in machinery and transport equipment. SCAD also reported a 14.6 per cent drop in non-oil exports, due to a decline of 24.5 per cent in chemicals and related products. A comparison of year-on-year data for March 2012 indicates a rise of 20.3 per cent in imports, as Dh870 million worth 18.9 per cent more machinery and transport equipment was imported along with manufactured goods, classified chiefly by material, worth Dh640 million or 31.9 per cent. Non-oil exports rose by over 100 per cent, reflecting increases of Dh0.88 billion in chemicals and related products, and 49.2 per cent in manufactured goods, classified chiefly by material.  Re-exports dropped 13.6 per cent due to less re-export of machinery and transport equipment and miscellaneous manufactured items. The top countries of origin for imports were USA, South Korea and Saudi Arabia. These three countries accounted for 41.6 percent of Abu Dhabi’s total imports in March 2012.

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*

abu dhabi nonoil trade surges 242 abu dhabi nonoil trade surges 242

 



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*

abu dhabi nonoil trade surges 242 abu dhabi nonoil trade surges 242

 



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 Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
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 Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
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 May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
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 Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
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 Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
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

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

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