FINANCIAL NEWS

Abu Dhabi’s August non-oil trade up 2.5%

27 Nov 2012

(MENAFN) Statistics Center – Abu Dhabi (SCAD) announced that in August 2012, the total value of the emirate’s non-oil trade rose by 2.5 percent from a month before to USD3.34 billion, reported Emirates News Agency (WAM).

SCAD said that 72.8 percent of the total amount represented imports, 18.2 percent non-oil exports and 9 percent re-exports.

In the period, non-oil exports through the emirate’s ports soared by 100 percent from July, whereas imports fell by 7 percent and re-exports declined by 14.2 percent.

On a yearly basis, non-oil trade jumped by 20.1 percent in August, with non-oil exports hiking by 100 percent, imports dipping by 1.4 percent and re-exports surging by 48.9 percent.

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