The total volume of non-oil foreign trade in the Emirate of Abu Dhabi in terms of value amounted to about 124 billion dirhams in the first half of 2022, with a growth rate of 12% compared to the same period in 2021, which recorded 110 billion and 313 million dirhams.
Exports grew by 26% during the first six months of this year to a value of 49 billion and 479 million dirhams compared to the same period in 2021, when it recorded 39 billion and 193 million dirhams, while re-export activities grew by 6% to reach 23 billion and 43 million dirhams Compared to a value of 21 billion and 689 million dirhams last year, while the emirate’s imports grew by 4% to a total value of about 51 billion and 475 million dirhams compared to 49 billion and 432 million dirhams in same period the previous year.
The value of trade goods of common metals and their products exceeded 24 billion and 516 million dirhams, a growth of 22% compared to the value of 20 billion and 112 million dirhams in the first half of 2021, while trade in machinery, including sound and picture broadcasting equipment and their accessories, registered a growth during this period of 23% over the same period. The period last year reached 17 billion and 903 million dirhams.
Trade in pearls, precious stones, precious metals and their products has grown by 40% to a value of 17 billion and 245 million dirhams in the same period last year. The Kingdom of Saudi Arabia had the largest share of trade volume for the countries in terms of total value , as it exceeded 28 billion and 636 million dirhams, with a growth rate of 3% compared to the same period in 2021, when it recorded 27 billion and 906 million dirhams, followed by Switzerland, with a total value of 9 billion and 530 million dirhams, with a growth rate of 260% compared to the same period last year, then the value of trade with the United States, which recorded 9 billion and 330 million dirhams with a growth rate of A of 21%, followed by China with a value of 5 billion and 959 million dirhams, with a growth rate of 9%, and Kuwait with a value of 5 billion and 870 million dirhams, with a growth rate of 13% compared to the same. period last year.
Improving security and facilitating trade
Rashid Lahej Al Mansouri, Director General of the General Administration of Customs in Abu Dhabi, said: “Abu Dhabi Customs is working towards its vision to be a leading customs authority in the world, leading change in an effort to enhance security, facilitate trade and deliver premium services that constantly push it to invest in advanced technologies that rely on technology.” Digital and artificial intelligence to provide the best customs services globally, effectively contributing to save time and effort for customers and supporting their choice of the Emirate of Abu Dhabi as a destination for their operations, especially with the facilities and services provided by the emirate , which stimulates investment and trade and supports regional and global companies based in Abu Dhabi for her.
He added that Abu Dhabi Customs, within its capabilities and plans, succeeded in developing proactive strategic services during the recent period that effectively contributed to the development of customs work through the emirate’s land, sea and airports and facilitated customs inspections, which supported the execution of transactions quickly and accurately, which was reflected positively in cooperation with strategic partners. On the increase in the value of commercial exchanges and their growth during the first half of this year compared to the same period in 2021.
Effective strategic plans
Ahmed Mahmoud Fikri, Director General of the Statistics Center – Abu Dhabi, said: “The non-oil foreign trade statistics for the first half of 2022 reflect a clear growth that showed exceptional performance in the economy as a result of the effective strategic plans adopted by the emirate in the last period.
Foreign trade statistics represent an essential axis for decision-making and policies because they provide accurate data used to paint a detailed picture of the performance of the economy as a whole. In this context, the Statistics Center – Abu Dhabi looks forward to developing an advanced statistical system that consolidates continuous collaboration with statistical business partners from producers and users of statistical data to provide continuous support to decision makers and policy makers in the emirate.