{"id":52722,"date":"2015-11-30T19:17:00","date_gmt":"2015-11-30T21:17:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/uaes-non-oil-trade-increases\/"},"modified":"2024-02-21T22:20:26","modified_gmt":"2024-02-22T01:20:26","slug":"uaes-non-oil-trade-increases","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/uaes-non-oil-trade-increases\/","title":{"rendered":"UAE\u2019s non-oil trade increases"},"content":{"rendered":"

São Paulo – Non-oil trade in the United Arab Emirates reached 534.1 billion dirhams (USD 145.4 billion) in the first half (H1) of this year, up from 521.8 billion dirhams (USD 142 billion) in H1 2014, a 2.36% increase, the country’s Federal Customs Authority (FCA) reported. The information was released this Monday (30th) by Emirates News Agency (WAM)<\/em>.<\/p>\n

The UAE imported 337.6 billion dirhams (USD 92 billion) worth of goods in H1 2015, and 340.6 billion dirhams (USD 92.7 billion) in H1 2014, a decline of less than 1%. Gold and gold objects were the most imported items, accounting for 15% of total imports, or 50.7 billion dirhams (USD 13.8 billion), according to the FCA.<\/p>\n

The second most imported product category was vehicles at 7.3%, followed by diamonds at 6.5%, cell phones at 5%, and ornaments, jewelry and other precious metals at 4%. <\/p>\n

Conversely, the UAE’s non-oil exports stood at 81.4 billion dirhams (USD 22.16 billion) in H1 2015, up 28%.<\/p>\n

Here, gold also tops the list at 35% of overall exports, followed by raw aluminium at 11%, jewelry and ornaments at 9%, ethylene polymers in their primary forms, at 4% and copper wire at 2%.<\/p>\n

“The UAE non-oil foreign trade has significantly grown over the last years in light of the increasing economic growth of the UAE supported by the flexible trade policy adopted by the government,” WAM<\/em> quoted FCA director Ali Al Kaabi as saying.<\/p>\n

Re-exports grossed 115.2 billion dirhams (USD 31.36 billion) in H1, down 2% from a year ago.<\/p>\n

Diamonds topped re-exports with a 21% share, followed by jewelry and ornaments with 9.9%, automobiles with 9.8%, mobile phones with 6% and aircraft parts with 2%.<\/p>\n

According to FCA, countries in Asia, Oceania and the Pacific are the UAE’s primary non-oil trading partners, retaining a combined 42% share of total trade. Next come Europe at 25%, the Middle East and Africa at 17%, the Americas at 10%, Central and Western Africa at 4% and Eastern and Southern Africa at 3%.<\/p>\n

Brazil <\/strong><\/p>\n

According to data from the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil-UAE trade, including oil and oil products, amounted to USD 1.578 billion in H1, up 3% from a year ago. <\/p>\n

Exports from Brazil fetched USD 1.289 billion, up 8%, driven by poultry, aluminum oxides, sugar, iron ore and gold (USD 134 million).<\/p>\n

UAE exports to Brazil reached USD 238.6 million, down 17.6% from H1 2014. The top-selling products were oil, aluminum, fertilizers, gas and sulphur.<\/p>\n

*Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"

Total trade was up 2% in the first half of this year, driven by the country\u2019s exports, which grew 28%.<\/p>\n","protected":false},"author":2316,"featured_media":181957,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-52722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Total trade was up 2% in the first half of this year, driven by the country\u2019s exports, which grew 28%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=52722"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/181957"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}