Non-oil exports from Abu Dhabi have reached Dh3.7 billion, while re-exports touched Dh2.4 billion highlighting the growing role of the emirate as an emerging trading hub, says a report by the Customs Directorate at the Abu Dhabi Department of Finance
Non-oil exports from Abu Dhabi have reached Dh3.7 billion, while re-exports touched Dh2.4 billion highlighting the growing role of the emirate as an emerging trading hub, says a report by the Customs Directorate at the Abu Dhabi Department of Finance.
The report for 2007 has statistics on import, export and re-export data on Abu Dhabi's top 10 trading partners.
Qatar (Dh873.7 million,) China (Dh518.4 million), and Saudi Arabia (Dh500 million), rank as the top three destinations for Abu Dhabi's non-oil exports.
India was the leading re-export destination from Abu Dhabi with re-export volumes to India reaching Dh559.6 million, followed by re-exports to Oman at Dh411.3 million and Qatar Dh380.2 million.
"As an organisation we are fully prepared to play a key role in increasing the emirate's revenues by energising bi-lateral trade with our partners," said Saeed Ahmed Al Muhairi, deputy director of the Abu Dhabi Customs.
"We are pleased at bi-lateral trade growth which reflects the status of Abu Dhabi as an increasingly important and vital commercial hub in the region. Abu Dhabi Customs is committed to implementing the guidelines of Shaikh Mohammed bin Khalifa, chairman of DoF and the strategic vision of Hamad El Hurr Al Suwaidi, DoF's undersecretary, in our bid to play a key role in the economic growth of the UAE," he added.
In 2007, Abu Dhabi's imports reached Dh18.9 billion with Japanese imports into Abu Dhabi accounting for Dh4.4 billion. Saudi Arabia was the second biggest import partner of Abu Dhabi with Dh3.3 billion of Saudi exports to the emirate. Germany was in third place with Dh2.6 billion.
