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FINANCIAL NEWS
UAE’s Non-oil trade up 22% in Jan
09 May 2011
(MENAFN) The UAE’s Federal Customs Authority (FCA) stated that non-oil foreign trade in the country went up by 22 percent in January, year on year, reported Arabian business.
FCA said that non-oil foreign trade in the UAE hit USD19 billion as it increased by USD3.4 billion. FCA compared these figures with those reported before the global financial crisis and noted that they were close.
As for imports, the FCA added that they went up by 21 percent in January, year on year, thus hitting USD12.6 billion. On the other hand, exports hiked by 32 percent in the same month hitting USD2 billion.
The FCA added that re-exports went up by 20 percent amounting to AED16.6 billion.
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