In an indication of the recovery from the effects of "Covid 19" and the return of economic activities to normal

UAE trade rises 26.5% in 9 months to 1,287 trillion dirhams

The Federal Center for Competitiveness and Statistics revealed that the value of the UAE's non-oil foreign trade during the first nine months of this year amounted to 1,287 trillion dirhams, registering a significant increase of 26.5 percent over the same period in 2020, when it amounted to 1,017 trillion dirhams. An indication of the recovery of UAE trade from the effects of the Corona virus (Covid-19) pandemic, and the return of economic activities to normal.

Exports and imports

In a report issued on the UAE's non-oil trade during the first nine months of 2021, the Center explained that the value of the UAE's non-oil foreign exports increased by 34.5 percent, registering 248 billion dirhams, compared to 184.3 billion dirhams during the same period in 2020.

 In turn, the value of re-export trade increased by 24%, after it amounted to 324.7 billion dirhams, compared to 261.8 billion dirhams during the same period in 2020.

The value of non-oil foreign imports also increased by 25.1%, after reaching 714.3 billion dirhams, compared to 571.1 billion dirhams during the same period in 2020.

gold tops

According to the report, gold plated with platinum in raw, semi-worked, or in powder form, topped the UAE's non-oil trade with the countries of the world with a value of 226.4 billion dirhams, followed by phones of all kinds with a value of 136 billion dirhams, then diamonds (albeit unoccupied) with a value of 84 billion dirhams. billion dirhams.

 Gold plated with platinum, raw, semi-worked or in powder form, topped the UAE's non-oil "exports" abroad, with a total of 92.3 billion dirhams, followed by exports of raw aluminum with a value of 17.3 billion dirhams, then petroleum oils, mineral oils and waste oils, which recorded 10 billions of dirhams.

Re-export

Phones of all kinds topped the list of re-exports with a value of 64 billion dirhams, followed by diamonds (albeit unoccupied) at 40 billion dirhams, then cars and other vehicles designed to transport people (except for cars designed to transport 10 or more people, including saloon and racing cars) with a value 16.8 billion dirhams.

Gold, including platinum-coated raw, semi-worked or in powder form, ranked first in the list of the UAE's non-oil foreign imports with a value of 132.1 billion dirhams, followed by telephones of various types with a value of 71.2 billion dirhams, then diamonds with a value of 39.2 billion dirhams. billion dirhams.

India tops

India ranked first in the list of countries that received the UAE's non-oil exports with a total of 36.4 billion dirhams, or 14.7 percent of the total value of exports, followed by Saudi Arabia, with a value of 29.2 billion dirhams, and 11.8 percent of the total value of exports, then Switzerland. Which recorded 20.1 billion dirhams, or 8.1% of the total value of exports.

Re-export

With regard to re-exports, Saudi Arabia ranked first, with a total of 42.8 billion dirhams, or 13.2 percent of the total value of re-exports, followed by Iraq, with a total of 31.9 billion dirhams, or 9.8%, and India with a total of 28.3 billion dirhams. By 8.7%.

supplier countries

In turn, China came at the forefront of the countries from which the UAE imported during the first nine months of this year, with a total of 133.7 billion dirhams, or 18.7% of the total imports, followed by India with a total of 54.7 billion dirhams, or 7.7% of the total. Then the United States, with a total of 42.2 billion dirhams, or 5.9%.

Non-Arab Asian countries

The UAE’s trade with the “non-Arab Asian group” came in the first place with a value of 529.4 billion dirhams, or 41.1% of its trade with a group of different countries during the first nine months of this year, followed by trade with the European group with a value of 210 billion dirhams. With a rate of 16.3%, then the Gulf Cooperation Council group with a value of 178.8 billion dirhams, or 13.9% of the total trade.

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