Sunday 15 January 2012

WAM - UAE Non-oil Trade hits AED 676.3 bln during First 9 months

UAE non-oil foreign trade has been on the go for Qs 1,2 '&' 3, 2011 compared to the same period of the previous year. Federal Customs Authority (FCA) initial statistical data indicates a year-on-year YoY 23% increase in UAE's non-oil foreign trade from January to the end of September, 2011.

According to FCA statistical data for Qs 1,2 '&' 3, 2011 indicate a non-oil foreign trade increase from AED 556.1 bln in for the same period in 2010 to AED 676.3 bln in 2011; i.e., an AED 120.2 increase.

Data on import growth reveals a 22% increase, thus moving from AED 357.1 bln in 2010 to AED 436.7 bln in 2011 for same period.

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