Arab Today, arab today uae\s non oil trade volume stood at 15tr emirates dinar in 2012
Last Updated : GMT 21:55:33
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UAE\'s non oil trade volume stood at 1.5tr Emirates dinar in 2012

Arab Today, arab today

Arab Today, arab today UAE\'s non oil trade volume stood at 1.5tr Emirates dinar in 2012

Abu Dhabi - WAM

The UAE non oil foreign trade stood at AED1.5 trillion in 2012, up by 16 per cent compared to 2011, ranking the UAE 19th in contribution to the volume of world trade. The UAE also maintained its fourth position in re-exportation and fifth in the world on the cross-border trade. It ranked was the first exporter for investments in the Middle East and North Africa (MENA). Regarding the Emirate of Abu Dhabi, the volume of foreign trade stood in the end of 2013 at over AED128.88 billion, of which AED98.69 billion accounted for imports, while over AED16.18 billion for re-exportation and AED14. 63 billion for exports. The figures were disclosed at a joint press conference held by the Ministry of Economy and the Department of Economic Development in Abu Dhabi. During the event, 30 exportation activities at local and federal levels in the Emirate of Abu Dhabi were announced. They include participation at the local, regional and international exhibitions, holding of conferences, symposiums, workshops and development programmes for exporters. Mohamed Nasser Hamdan Al Zaabi, director of trade Promotion Department at the Ministry of Economy, and Dr Adeeb Al Afifi, Director of Foreign Trade and Export Support at the Department of Economic Development, said at a Press conference. It was attended by a number of senior officials. Al Zaabi said the Ministry will arrange this year more 15 local and international participations as part of its strategy to boost and introduce the UAE products and industries at the foreign markets. Al Afifi said the events to develop exports in the Emirate of Abu Dhabi rose from 7 in 2009 to 39 in 2013, meanwhile the number of beneficiaries surged to 362 in 2013 compared to 196 in 2012.

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