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Abu Dhabi's non-oil foreign merchandise trade hit Dh19.3b

The value of non-oil foreign merchandise trade through Abu Dhabi ports increased by 0.5 per cent from Dh19.2 billion in the year to date in January 2019 to
Dh19.3 billion in the same period of 2020, according to figures released by Abu Dhabi Statistics Centre, SCAD, on Wednesday.
Imports increased by 5.8 per cent from Dh9.4 billion in January 2019 to Dh10 billion in the same period of 2020, and non-oil exports increased by 0.4 per cent from Dh5.47 billion to Dh5.49 billion in the reference period. Re-exports reached Dh3.8 billion in the reference month.
Percentage contribution of imports, non-oil exports and re-exports to the value of non-oil foreign merchandise trade in January 2020 stood at 51.8 percent, 28.5 per cent and 19.7 per cent respectively.
SCAD noted that Saudi Arabia was the key trade partner of Abu Dhabi in 2019 with two-way trade value standing at Dh4 billion, accounting for 21.1 per cent of the emirate's total trade in January 2020.
Chine in the second place with Dh1.7 billion, followed by the US at Dh1.3 billion and then UK at Dh881 million.
- Wam