Abu Dhabi’s oil trade is at AED 133.8 billion in 10 months

Sheena Amos

ABU DHABI 30 December 2017: The value of non-oil foreign merchandise trade through Abu Dhabi ports decreased by 5.3 percent from AED141.3 billion during the first 10 months of 2016 to AED133.8 billion in the same period of 2017.

This was mainly a result of decreases of 22.8% in non-oil exports from AED 24.3 billion to AED18.8 billion, re-exports by 7.0 percent, and imports by 0.6 percent compared with the same period of 2016, according to official figures released by the Statistics Centre- Abu Dhabi.

Total trade decreased by 3.0 percent in Oct 2017 compared with Oct 2016 due to decreases in re-exports by 23.8 percent, and imports by 7.8 percent, while the value of non-oil exports increased by 56.7 percent in the same period.

The statistics present the value of non-oil foreign merchandise trade, which entered or exited the territory of the Emirate of Abu Dhabi through the ports of Abu Dhabi (comprising air, sea and road ports) in the year to date (Jan-Oct) and Oct 2016-2017. It should be noted that foreign trade data presented here do not cover non-oil exports and imports through ports of the other Emirates in the UAE.