Abu Dhabi Imports Rise Five Percent
The value of Abu Dhabi's imports rose five percent to Dh1.59 billion in June, and volume increased by 53 percent to 450,676 tons, compared to last year's corresponding period, data issued by the customs department showed Monday.
But total non-oil trade fell 4.83 per cent to Dh1.73 billion, according to the Gulf News. (DH1 = $0.27)
Re-exports declined 34 percent to Dh79.26 million, and exports 67 percent to Dh60.86 million.
The plunge in exports occurred despite a 54 per cent surge in cargo volume to 40,828 tons.
But re-exports showed a roughly similar 29 percent drop in freight throughput to 9,528 tons.
Machinery and electrical equipment, vehicles, vegetables and base metals comprised the top import items; antiques, vehicles and machinery equipment the primary re-exports; and base metals, mineral products and machinery equipment the main exports.
Saudi Arabia was the top sourcing market for the capital, followed by Germany and Japan, said the department.
The US, France, the UK, Italy, Australia, Switzerland and Argentina made up the top 10 markets.
Saudi Arabia remained the main re-export destination followed by Qatar and India. Others in the top 10 included Egypt, the UK, Yemen, Kuwait, the US, Sudan and Pakistan – Albawaba.com
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