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Abu Dhabi Statistics Centre: Non-oil Merchandise Trade through Ports of Abu Dhabi Grew 27.7% in 2011

Abu Dhabi Statistics Centre: Non-oil Merchandise Trade through Ports of Abu Dhabi Grew 27.7% in 2011

The Statistics Centre - Abu Dhabi (SCAD) issued on August, 14th its annual report on non-oil merchandise trade through the ports of the Emirate of Abu (including air, sea and land ports) for the year 2011.
It is worth noting that the movement of merchandise reported in this statistic does not represent the whole of Abu Dhabi Emirate’s foreign trade, a large proportion of which flows through the ports of other emirates.

A year on year comparison shows that total non-oil merchandise trade grew by AED 30.25 billion or 27.7 percent to AED 139.42 billion in 2011, with imports growing by AED 29.80 billion (34 percent), re-exports by 0.58 (5.3 percent), while no-oil exports declined by AED 0.13 billion or 1.1 percent. The contribution of imports to total foreign merchandise trade increased from 79.3 per cent in 2010 to 83.5.3 per cent in 2011. By contrast, the share of total non-oil exports retreated from 20.7 per cent in 2010 to 16.5 per cent in 2011.   The year 2011 saw non-oil exports to Saudi Arabia grow by AED 0.85 billion (70.7%) in the value compared with 2010. The largest groups of non-oil exports to Saudi Arabia in 2011 were “iron and steel”, “copper and articles thereof”, and “plastics and articles thereof”, which accounted for 31.4 percent, 28.9 percent and 10.5 percent of 2011 non-oil exports to Saudi Arabia, respectively. The overall share of these three commodities in non-oil exports to Saudi Arabia during 2011 was 70.9 percent, compared with 49.4 per cent in 2010.   The main products within the “iron and steel” category were bars and rods of stainless steel and flat rolled products of iron or non-alloy steel.

Further details here.

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Monday, August 13, 2012