Beta Launch Wednesday, 17 July 2019
Global Dow 3.79
2,835.68 0.13%
27 August 08:59 PM
S&P 500 4.08
2,443.05 0.17%
25 August 05:03 PM
EGX 23.25
12,949.65 0.18%
27 August 12:00 AM
TDWL -20.48
7,225.18 -0.28%
27 August 12:00 AM
DFM -21.94
3,602.55 -0.61%
27 August 12:00 AM
ADX -13.82
4,479.99 -0.31%
27 August 12:00 AM

Abu Dhabi trade with Saudi Arabia rises to AED18.3 billion

 

 The value of trade in goods between the Emirate of Abu Dhabi and Saudi Arabia has increased to AED18.3 billion during the first four months of 2019, a growth of 20.6 percent compared with the same period of 2018, according to figures released by the Statistics Centre - Abu Dhabi.


The emirate's trade with Saudi Arabia accounted for 25.6 percent of its total trade with the rest of the world from January to April 2019, which reached AED71.44 billion.

 

The value of Abu Dhabi's non-oil exports to Saudi Arabia jumped to AED8.9 billion at the end of April, up 34.8 percent compared with AED6.6 billion over the same period of 2018.

 

According to the Statistics Centre figures, the emirate's exports to Saudi Arabia accounted for 45 percent of its total exports to the world, which, during the period from January to April, amounted to about AED17.3 billion.

 

In terms of re-exports, the value between the two sides - during the same period - increased from AED4.4 billion to AED5.2 billion, an increase of 18 percent. Thus, the re-export trade carried out by the emirate with Saudi Arabia constituted 30 percent of the total trade with the world at the end of last April.

 

On the level of import trade, the value reached AED4.172 billion by the end of April 2019, a growth of about one percent compared to the same month of 2018.

COMMENTS

There are no comments yet

LEAVE A COMMENT

Share with

My Account

Forgot password?

Create An Account

Forgot password?

Restore password

Subscribe to read
Already subscribed? Click here

For a limited time!
12 Months = 15 Months
24 Months = 32 Months
(Included Postal Fees worldwide)

Read, Explore Opportunities
Be connected with Business, Investment, Finance, Stock Exchange, Currencies, Development and International Cooperation

3 Months

18 USD / 60 AED

English Edition

Subscribe

3 Months

18 USD / 60 AED

Arabic Edition

Subscribe

3 Months

29.9 USD / 99 AED

Both Editions

Subscribe

6 Months

36 USD / 120 AED

English Edition

Subscribe

6 Months

36 USD / 120 AED

Arabic Edition

Subscribe

6 Months

59.9 USD / 199 AED

Both Editions

Subscribe

12 Months

72 USD / 240 AED

English Edition
Good Deal! 
(15 Months instead of 12 Months)

Subscribe

12 Months

72 USD / 240 AED

Arabic Edition
Good Deal! 
(15 Months instead of 12 Months)

Subscribe

12 Months

122 USD / 408 AED

Both Editions
Good Deal! 
(15 Months instead of 12 Months)

Subscribe

24 Months

144 USD / 480 AED

English Edition
Amazing Deal!
(32 Months instead of 24 Months)

Subscribe

24 Months

144 USD / 480 AED

Arabic Edition
Amazing deal!
(32 Months instead of 24 Months)

Subscribe

24 Months

240 USD / 799 AED

Both Editions
Amazing deal!
(32 Months instead of 24 Months)

Subscribe
* Terms and conditions apply.