For the first time in the country's history

The UAE's non-oil trade touched half a trillion dirhams in the first quarter

84.4 billion dirhams, the value of the trade in raw and semi-worked gold during the first quarter of 2022. Emirates Today

The Federal Competitiveness and Statistics Center revealed that the value of the UAE's non-oil foreign trade during the first quarter of this year touched 500 billion dirhams, for the first time in the country's history.

The value of trade recorded 499 billion and 696 million dirhams, compared to 414 billion and 559 million dirhams during the first quarter of 2021, a growth of 20.5%, compared to 395 billion and 790 million dirhams during the first quarter of 2019 (before the pandemic), an increase of 26.3%.

import value

In a report issued yesterday, the Center stated that the value of imports during the first quarter of 2022 amounted to 281 billion and 196 million dirhams, compared to 231 billion and 144 million dirhams in the first quarter of 2021, an increase of 21.7%, compared to 219 billion and 757 million dirhams during the first quarter of 2019. rate of 28%.

Total exports

The value of the total non-oil exports, including non-oil exports and re-exports, increased to 218 billion and 500 million dirhams during the first quarter 2022, compared to 183 billion and 415 million dirhams during the first quarter 2021, an increase of 19.1%, compared to 176 billion and 34 million dirhams during the first quarter 2019 with an increase Its rate is 24.1%.

business partners

China ranked first as the largest trading partner of the UAE during the first quarter of 2022, with a total of 56 billion and 597 million dirhams, an increase of 8%, compared to the same period in 2021, followed by India with a total of 46 billion and 207 million dirhams, an increase of 15%, then Saudi Arabia with a total 32 billion and 545 million dirhams, an increase of 7%.

Noticeable heights

The first quarter of 2022 witnessed remarkable increases in the UAE’s trade with some countries of the world, led by Turkey, with which trade increased by 35%, Hong Kong Special Administrative Region of China by 55%, Iraq 57%, the United States 32%, Switzerland 85%, and Japan 15 %.

gold tops

The raw and semi-worked gold trade topped the list of the most important commodities that captured the UAE’s non-oil trade with the world during the first quarter of 2022 with a value of 84.4 billion dirhams, followed by the diamond trade with a value of more than 40 billion dirhams, then cellular network telephone devices, voice, image and data transmitters and receivers with a value of 37.3 billion dirhams.

Territorial distribution

The UAE’s trade with the “group of non-Arab Asian countries” accounted for more than 40.5% of the volume of its trade with the world, with a total of 202.3 billion dirhams, and with the “group of European countries” more than 17% of the trade volume, with a total of 85.3 billion dirhams, while trade with the “group of European countries” accounted for more than 17% of the trade volume with the world. Gulf Cooperation Council countries” accounted for 13%, with a value of 64.8 billion dirhams.

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