FINANCIAL NEWS

Abu Dhabi trade spurs due to 63 percent jump in non-oil exports

17 Mar 2016

(MENAFN) Non-oil exports jumped to 63 percent which pushed Abu Dhabi foreign trade to USD 46.03bn in 2015, an 11 percent increase as compared to whole value of 2014.

Moreover, the value of non-oil exports grew at 63 percent to USD 8.39bn in 2015, while value of imports via many customs ports logged a surge of 10.5 percent.

However, re-exports fell down 25.3 percent to USD 5.15bn compared to the previous year, while the nation’s non-oil trade sector growth stood at 11 percent.

Accordingly, all land, sea and air customs ports in the emirate have collaborated in the increased non-oil foreign trade in Abu Dhabi with the adoption of modern customs facilities.

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