UAE non-oil trade up 5% to Dh76.6bn

Non-oil imports in February 2012 up by 8%

The UAE's non-oil foreign trade grew 5 per cent (or Dh3.6 billion) to reach Dh76.6 billion in February 2012, compared with Dh73 billion in February 2011 , preliminary statistics released by the Federal Customs Agency (FCA) showed.

UAE's non-oil exports made an unprecedented jump last February by 62 per cent (or Dh4.6 billion) to Dh12.1 billion compared with Dh7.5 billion in February 2011, FCA said in a press release.

Meanwhile, the UAE's non-oil imports in February 2012 grew by 8 per cent to Dh54.9 billion compared with Dh49.5 billion in February 2011.

Re-exports stood at Dh15 billion during the same month.

In terms of weight, the UAE's total foreign trade last February reached 7 million tonnes: 2.5 tonnes in exports, 3.7 million tonnes in imports and 742,000 tonnes in re-exports. 

The average weight of customs consignments handled at ports in the same period reached 29,000 tonnes a day, or 4,000 tonnes an hour, according to FCA.


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