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FINANCIAL NEWS
UAE reports 10.5% gain in Jan-Jun non-oil trade
18 Oct 2012
(MENAFN) The UAE’s Federal Customs Authority (FCA) stated that the country’s non-oil trade rose 10.5 percent in the January-June period to USD135.79 billion from USD122.89 billion in last year’s same period, reported Gulf News.
In the period, exports surged 40 percent to USD20.95 billion, compared with the USD14.97 billion recorded in 2011’s same time, while re-exports reached USD27.35 billion.
On the other hand, imports jumped by 12 percent to USD87.48 billion, from USD77.92 billion.
In terms of weight, total foreign trade reached nearly 58.4 million tons, comprising 25.1 million tons in exports, 5.4 million tons in re-exports and 27.9 million tons in imports.
It is worth noting that in June, the UAE’s foreign trade reached about USD23.54 billion, including USD4.49 billion in exports, USD4.95 billion in re-exports and USD14.07 billion in imports.
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