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Abu Dhabi posts $36bn non-oil trade in 10 months

UAE Business


The value of non-oil foreign trade through Abu Dhabi ports decreased by 5.3 percent  to Dh133.8 billion ($36.42 billion) in the first 10 months of 2017, compared to Dh141.3 billion during the same period in 2016.
 
The decline was mainly due to a fall of 22.8 per cent in non-oil exports from Dh24.3 billion to Dh18.8 billion, re-exports by 7.0 percent, and imports by 0.6 percent compared with the same period of 2016, Wam news agency said quoting official figures released by the Statistics Centre- Abu Dhabi.
 
Total trade decreased by 3.0 percent in October 2017 compared with October 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, it said.
 
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). 

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