Home / Finance & Business / Economic Indicators / 29 billion dirhams in Abu Dhabi’s non-oil trade in May, with a growth of 47% 3.7 billion surplus exports

29 billion dirhams in Abu Dhabi’s non-oil trade in May, with a growth of 47% 3.7 billion surplus exports

September 4

The total non-oil trade in the Emirate of Abu Dhabi last May amounted to 29.1 billion dirhams, a growth rate of 47% compared to the same month last year.

Total exports reached 16.4 billion dirhams in May, a growth rate of 51% compared to the same period last month, including exports worth 12.2 billion dirhams and re-exports of 4.2 billion dirhams.

While imports reached 12.7 billion dirhams in May 2023, a growth rate of 42% compared to the same month last year, the trade balance came in favor of the Emirate of Abu Dhabi at a value of 3.7 billion dirhams.

Ordinary metals and their products topped the list of non-oil exports in May 2023 with a value of 7.4 billion dirhams, followed by plastic and rubber products and their products with a value of 1.7 billion dirhams, pearls, gemstones and precious metals and their products with a value of 1.1 billion dirhams, chemical industry products with a value of 447 million dirhams, and food and beverage products with a value of 385.1 million dirhams. One million dirhams, machines, recording equipment and audio broadcasting 261.4 million dirhams, wood pulp and waste paper and cardboard 207.4 million dirhams, stone products and ceramic and glass products 124.3 million dirhams, animal products 102.2 million dirhams, mineral products 66.4 million dirhams, and plant products 61.2 million dirhams. dirham, and others.

Transport equipment topped the list of non-oil re-exports in May 2023, with a value of 981.7 million dirhams, recording and audio broadcasting machines and equipment, 860.2 million dirhams, chemical industry products, 526.8 million dirhams, pearls and precious stones, 296.1 million dirhams, textile materials and their products, 290.5 million dirhams, and plant products, 260.1 million dirhams. One million dirhams of plastics, rubber and their products, 164.3 million dirhams.

While transportation equipment topped the list of non-oil imports in May 2023 with a value of 2.74 billion dirhams, followed by recording machines, audio and photo broadcasting equipment and their supplies with a value of 2.65 billion dirhams, ordinary metals and their products with a value of two billion dirhams, metal products with a value of 1.34 billion dirhams, and chemical industry products with a value of 1.24 billion dirhams. Plastics, rubber and their products, 534.6 million dirhams, pearls, precious stones and precious metals, 485.7 million dirhams, food and beverage products, 300.2 million dirhams, live animals and their products, 230.6 million dirhams, and plant products, 175.5 million dirhams.

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The most important partners

The United States of America topped the list of countries in terms of non-oil exports with a volume of 2.8 billion dirhams, followed by Saudi Arabia with 2 billion dirhams, the Netherlands with 1.5 billion dirhams, India with 902.2 million dirhams, the United Kingdom with 537.9 million dirhams, Kuwait with 414.9 million dirhams, China with 339.7 million dirhams, and Italy with 246.5 million dirhams. dirhams, Malaysia 228.7 million dirhams, Turkey 203.8 million dirhams, and other countries 2.9 billion dirhams. While Saudi Arabia topped the list of countries in terms of non-oil re-exports with a volume of 1.59 billion dirhams, followed by Qatar with 553.1 million dirhams, Kuwait with 461.9 million dirhams, Bahrain with 264.1 million dirhams, and Yemen with 107.6 million dirhams.

America ranked first in non-oil imports with a volume of 1.86 billion dirhams, followed by Saudi Arabia with 1.3 billion dirhams, China with 926.8 million dirhams, Japan with 903.8 million dirhams, the Republic of the Congo with 867.5 million dirhams, Guinea with 851.1 million dirhams, Germany with 660.6 million dirhams, and the United Kingdom. 490.8 million dirhams.

First Quarter

It is noteworthy that the value of Abu Dhabi’s non-oil foreign trade in the first quarter amounted to 73.1 billion dirhams, a growth of 18.86%. Trade was distributed among exports at 40.2 billion dirhams (25.5 billion dirhams in national exports, out of 24.44 billion in the same period in 2022, and 15.7 billion dirhams in re-exports, compared to 11.69 billion in the comparison period), and imports amounted to 32.7 billion dirhams, a growth of 29% compared to 25.37 billion dirhams. In the first quarter of 2022. The emirate achieved a surplus in its trade balance worth 7.1 billion dirhams, according to data from the General Administration of Customs – Department of Finance in Abu Dhabi.

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