UAE sees non-oil trade up in February 2012

Sep 22, 2012 12:00 AM

The UAE's non-oil foreign trade grew 5 % (or Dh 3.6 bn) to reach Dh 76.6 bn in February 2012, compared with Dh 73 bn in February 2011, preliminary statistics released by the Federal Customs Agency (FCA) showed.
UAE's non-oil exports made an unprecedented jump last February by 62 % (or Dh 4.6 bn) to Dh 12.1 bn compared with Dh 7.5 bn in February 2011, FCA said.

Meanwhile, the UAE's non-oil imports in February 2012 grew by 8 % to Dh 54.9 bn compared with Dh 49.5 bn in February 2011.
Re-exports stood at Dh 15 bn during the same month.

In terms of weight, the UAE's total foreign trade last February reached 7 mm tons: 2.5 tons in exports, 3.7 mm tons in imports and 742,000 tons in re-exports.
The average weight of customs consignments handled at ports in the same period reached 29,000 tons a day, or 4,000 tons an hour, according to FCA.

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