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FinancialNews


  • 26-12-10

    UAE non-oil trade rises by 11%

    (MENAFN) UAE's Federal Customs Authority (FCA) announced that UAE non-oil foreign trade increased by 11 percent in the duration from January to September in the current year compared to last year, reported Khaleej Times. FCA stated that these results were part of preliminary statistical data that showed non-oil foreign trade increase from $132.4 billion to $147.1 billion. FCA also said that in terms of weight, foreign trade volume in September 2010 was around 5.8 million tons, 3.7 million tons of which were imports, 1.5 million tons of exports and 627 thousand tons of re-exports. The average weight of total shipments and consignments everyday in ports were about 24.1 thousand ton, at an average of 3 thousand tons per hour. It is worth noting that top exporters in 2010 included India, China, the US, Japan, Germany, the UK, France, Italy, South Korea, and Switzerland.

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