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FINANCIAL NEWS
Dubai- Non-oil trade up 13% in Jan-Oct to USD272b
13 Dec 2012
(MENAFN) Dubai Customs’ director general, Ahmed Butti Ahmed, stated that in the January-October period, the emirate’s non-oil foreign trade jumped 13 percent from last year’s same period to USD272 billion, reported Arabian Business.
Ahmed, who is also executive chairman of Ports, Customs and Free Zone, said that the amount comprised direct trade, free zones trade and warehouse customs trade.
He noted that proceeds from the emirate’s imports grew to USD165.76 billion, up from USD149.43 billion in 2011’s first 10 months.
Dubai’s purchases of gold ore and half manufactured gold remained the emirate’s main imports, at USD30.75 billion, followed by communications networks equipment, diamonds, jewelry and precious metals.
The commodity also ranked first at the emirate’s exports list, at USD24.22 billion, followed by diamonds, jewelry, precious metals, petroleum oil and aluminum.
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