;

© 2024, design with by 7awi Media Group

UAE Non-oil Foreign Trade Close to AED500 Billion in Q1 2022

  • Publish date: Thursday، 22 December 2022
UAE Non-oil Foreign Trade Close to AED500 Billion in Q1 2022

The UAE’s non-oil foreign trade in the first quarter (Q1) of 2022 was close to AED500 billion for the first time in the country's history, totalling AED499.7 billion, compared to AED414.6 billion recorded in the same period of 2021, according to the Federal Competitiveness and Statistics Centre.

This figure shows a growth of 20.5 percent compared to the same period 2021.

Read More: Abu Dhabi Tourism Licence Fees Capped at Dh1,000 Annually

Read More: Forbes Middle East's Top 50 Travel & Tourism Leaders List

Read More: Qatar Ranked 10th Best Place for Tourism in the World

China was number in the list of top 10 countries trading with the UAE in Q1 2022, valued at AED57 billion, followed by India with AED46.2 billion, and Saudi Arabia with AED32.5 billion.

Gold topped the list of leading commodities included in the UAE’s non-oil foreign trade, with a value of AED84.4 billion and accounting for 17 percent of the country’s total non-oil foreign trade, followed by diamonds with a value of AED40 billion, telephone and communication devices with a value of AED37 billion, mineral oils with a value of AED24.6 billion, ornaments and jewellery with a value of AED21 billion, and cars with a value of AED19.5 billion.

This article was previously published on UAE Moments.To see the original article, click here

Follow us on our Whatsapp channel for latest news

Related articles