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Abu Dhabi’s Non-oil Merchandise Trade Grows To AED 13.5 Billion In March 2012, Says SCAD
(5 July 2012)

 

Non-oil merchandise trade through the ports of the emirate of Abu for the month of March 2012 reached 13.5 billion in March 2012, with imports amounting to AED 10.79 billion to account for 79.8 percent of the total, non-oil exports at AED 1.83 billion, 13.5 percent of the total and re-exports at AED 0.90 billion, 6.6 percent of the total, according to a recent report by the Statistics Centre - Abu Dhabi (SCAD).

Non-oil merchandise trade: March 2012 Total non-oil merchandise trade increased by AED 1.09 billion (8.8 percent in March compared with February 2012, resulting from an increase of AED 1.41 billion (15.1 percent) in imports. Over the same period of time, re-exports retreated by AED 0.32 billion (14.6 percent), while non-oil exports remained largely unchanged.

A year on year comparison (for March 2012 vs. March 2011) shows a growth of AED 2.63 billion (24.2 percent) in total non-oil merchandise trade, with imports rising by AED 1.82 billion (20.3 percent), non-oil exports by AED 0.96 billion (>100 percent), while the value of re-exports declined by AED 0.14 billion (13.6 percent) over the same period.

The monthly report for March was issued by SCAD’s to support decision makers and businesses with accurate and up-to-date statistics on the non-oil merchandise that entered or exited the territory of the emirate of Abu Dhabi and highlighted the relative importance of each individual component of imports, non-oil exports and re-exports. The movement of merchandise reported does not represent the whole of Abu Dhabi emirate’s foreign trade, a large proportion of which flows through the ports of other emirates.

.Non-oil merchandise trade: February to March 2012 Analysis of trade data for the period from February to March 2012 reveals a 15.1 percent rise in imports, due largely to an increase of AED 0.48 billion (22.4 percent) in "manufactured goods, classified chiefly by material" and AED 0.38 billion (7.6%) in "machinery and transport equipment".

SCAD also reported a 14.6 percent drop in non-oil exports, due in large part to a decline of AED 0.40 billion (24.5 percent) in "chemicals and related products", and offset partially by an increase of AED 0.08 billion (>100%) in "machinery and transport equipment".

According the report, there has been a fall of 0.6 percent in re-exports due to a decrease of AED 0.12 billion (55.9%) in "miscellaneous manufactured items", a decline that was offset by increases of AED 0.05 billion (8.6%) in the re-exports of "machinery and transport equipment" and AED 0.04 billion (90.6%) in "chemicals and related products".

The data have been sourced from the Abu Dhabi Department of Finance - Customs Administration, and the scope of the statistics therefore is restricted to the trade flows recorded at ports under the jurisdiction of the Customs Administration. The report highlights the relative importance of each individual component of imports, non-oil exports and re-exports.

 



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