Abu Dhabi’s non-oil trade down 6.3% to Dh159.9 billion in 2017 | Arab News

Abu Dhabi’s non-oil trade down 6.3% to Dh159.9 billion in 2017 | Arab News:

"Abu Dhabi’s non-oil foreign merchandise trade fell 6.3 percent to 159.9 billion dirhams ($46.45 billion) last year from 170.6 billion dirhams a year earlier due to lower transactions for capital goods and transport equipment, data from the Statistics Centre-Abu Dhabi (SCAD) showed.
Total non-imports for the year slipped 1.9 percent to 115.514 billion dirhams from 117.807 billion dirhams, while non-oil exports dropped by 19.4 percent to 22.589 billion dirhams from 28.027. billion dirhams. Re-exports were also down for the year to 21.763 billion dirhams from 24.759 billion dirhams in 2016.
Meanwhile, in December 2017 alone, seasonal factors pushed aggregate non-oil trade to 13.214 billion dirhams, 3.4 percent higher compared with the same month of the previous year."



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