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FINANCIAL NEWS
UAE non-oil trade up 12% in Jan-Jul 2012
31 Jan 2013
(MENAFN) The UAE’s Federal Customs Authority (FCA) stated that the country’s non-oil trade in the first 7 months of 2012 climbed by 12 percent from a year earlier, to USD161.62 billion, reported Gulf News.
The FCA said that exports surged 45 percent to USD25.77 billion, whereas imports jumped by 12 percent to USD103.42 billion; however, re-exports fell by 6 percent to USD32.41 billion.
The country’s total foreign trade reached nearly 71.4 million tons in terms of weight in the 7-month period, of which 32.5 million tons were imports, 32.8 million tons exports and 6.2 million tons re-exports.
Meanwhile, the daily average weight of the consignments processed by various customs ports reached almost 298 thousand tons a day.
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