FINANCIAL NEWS

UAE non-oil trade hits $17b in Q1

16 May 2010

(MENAFN) A preliminary report issued by the UAE Federal Customs Authority said that the total value of the country?s non-oil foreign trade was about $17.1 billion by the end of March 2010, Khaleej Times reported.

The report explained that the total is made up of $11.1 billion of imports, $1.85 billion of exports and $4.2 billion as value of re-exports.

Meanwhile, the weight of the UAE?s total foreign trade during the same period was 5.8 million tons including 3.7 million tons for imports 1.4 million tons for exports and 0.7 million tons for e-exports.

The Acting General Manager of Federal Customs Authority said the preliminary customs statistics of the country?s non-oil foreign trade has shown a considerable growth in all fields of the UAE?s non-oil foreign trade with the world.

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