Non-oil trade with Gulf neighbors reaches Dh11.33bn
Abu Dhabi’s trade with Saudi Arabia is valued at Dh7 billion
Dubai - Arabs Today
Abu Dhabi’s non-oil trade with four of its Gulf neighbors reached Dh11.33 billon during the first five months of the year, with Saudi Arabia the emirate’s top trading partner during the period.
The four countries — Saudi Arabia, Bahrain, Oman and Kuwait — accounted for 15.5 percent of Abu Dhabi’s total trade with all countries, which stood at Dh73 billion since the beginning of the year until May, a report from Statistics Center — Abu Dhabi (SCAD), said.
SCAD said that Abu Dhabi’s trade with Saudi Arabia was valued at Dh7 billion as of May, or about 62 percent of the emirate’s total trade with the four Gulf states, “reflecting the strong ties binding the two nations across all domains, including trade.”
Kuwait was second with total non-oil trade of Dh1.73 billion, followed by Bahrain at Dh1.6 billion and then Oman at Dh1.1 billion.
Abu Dhabi’s total non-oil trade with the outer world surged to Dh73 billion during the first five months of the year, accounting 43 percent of the emirate’s total trade all through 2016, which stood at Dh170 billion, SCAD added.
Source: Arab News
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