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Abu Dhabi's non-oil foreign trade down 9.5% in 5 months

Abu Dhabi's non-oil foreign trade down 9.5% in 5 months
Abu Dhabi's non-oil exports recorded AED 23.2bn

UAE - Mubasher: The non-oil foreign merchandise trade through Abu Dhabi ports dropped by 9.5% to AED 80.2 billion during the first five months of 2020 from AED 88.6 billion in the year-ago period.

Abu Dhabi's non-oil exports recorded AED 23.2 billion in the January-May period in 2020, down 7.2% from AED 25 billion in the same period of 2019, while the re-exports dropped by 31.3% to AED 14.8 billion from AED 21.5 billion.

Meanwhile, the imports increased by 0.4% to AED 42.24 million in the first five months of 2020 from AED 42.09 million in the corresponding period of 2019.

The industrial supplies accounted for around 45.6% of Abu Dhabi's total non-oil foreign merchandise trade with AED 18.23 billion, followed by food and beverages with about AED 2.6 billion.

Meanwhile, Saudi Arabia topped Abu Dhabi's trade partners with about AED 18 billion, followed by China with AED 5.4 billion, the US with AED 5.2 billion, and Japan with AED 4.76 billion.