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Abu Dhabi's non-oil foreign trade hits Dh84 billion in H1 2016
The volume of imports was worth Dh57.3 billion, down 1.9 per cent on H1 2015, while the volume of exports was worth Dh17.3 billion, up 2.9 per cent on the same period last year.
abu dhabi - This represents an increase of Dh59 million compared to the same period last year
The value of imports reached Dh57.363 billion and exports reached Dh17.305 billion, representing a 2.9 per cent increase compared to the same period last year. The value of re-exports was Dh9.681 billion, an increase of 7.5 per cent.
Mohammed Khadem Al Hameli, acting director-general of the General Administration of Customs Abu Dhabi, said: "In line with the strategic vision to promote economic growth and prosperity, Abu Dhabi Customs continuously seeks to facilitate and accelerate customs' procedures and operations across the emirate's different ports. This helps in maximising Abu Dhabi's economic competitiveness and increases its attractiveness to foreign investment. Also, Abu Dhabi Customs is committed to developing its e-Systems to become 'smart' and continues to identify new ways of collecting customs revenue."
He added: "The administration is also committed to enhancing inspectors' skills by providing the necessary training programmes and providing them with advanced electronic and smart services to support their performance."
The value distribution of imports across sea, air and land customs ports was Dh32.653 billion, representing 57 per cent of the total value of non-oil imports.
The value of non-oil exports through sea customs ports was Dh10.193 billion, 59 per cent of the total exports, through airports it was Dh3.242 billion, 19 per cent, while the value of exports through land borders was Dh3.870 billion, or 22 per cent of the total value of non-oil exports. Major products under the non-oil exports category included plastic, rubber, copper and aluminum.
The value of distribution of re-exports through airports was Dh7.490 billion, or 77 per cent of the total value of re-exports. Through seaports, the value was Dh1.155 billion, representing 12 per cent of the total value, and re-exports through land borders reached Dh1.036 billion, or 11 per cent of the total value of re-exports.
- business@khaleejtimes.com
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