Home News Emirates News Agency – Non-oil trade between UAE and China totaled 1.72 trillion…

Emirates News Agency – Non-oil trade between UAE and China totaled 1.72 trillion…

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ABU DHABI, 1 October 2022 (WAM) — Non-oil trade between the United Arab Emirates and China will increase by 78.5% from 2012 to 2021, compared with 125.1 billion AED in 2012, and The total reached AED 223.5 billion by the end of the year.

Total non-oil trade exceeded AED 1.72 trillion during the reporting period, according to figures from the Federal Center for Competitiveness Statistics (FCSC). This includes 1.53 trillion AED worth of imports and 64 AED worth of non-oil exports. Re-exports worth AED 121 billion.

The FCSC figures also showed that non-oil trade transactions between the UAE and China in the first quarter of 2022 totaled AED 118.4 billion. and re-exports worth 9.8 billion AED. 2017 marked the highest trade transaction in the last decade worth AED 195.6 billion, an increase of 15% compared to 2016.

Telecommunications equipment topped the list of goods imported from China over the past year at AED 70 billion. This is followed by data processing equipment at 23.6 billion AED, medical vaccines at 4.1 billion AED, display screens at 2.5 billion AED, headphones and the list of top 5 exports to China, ethylene polymers top with 4 billion AED, followed by 1.9 billion AED for propylene polymer, 1.4 billion AED for rapeseed oil and 600 AED for scrap copper. million, and 570 million AED for residues of fatty oil extraction.

Telecommunications equipment topped the list of re-exports to China last year with 8.3 billion AED, followed by data processing equipment with 2.09 billion AED, vehicles with 1.5 billion AED and rough nickel with 1.3 billion AED. , and 600 million AED car accessories.

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