LOC00:46
21:46 GMT
ABU DHABI, May 6 (KUNA) -- UAE's preliminary statistical data of the Federal Customs Authority (FCA) revealed on Tuesday an increase in non-oil direct trade totaling AED 1.07 trillion in 2014, achieving a growth rate of one percent compared to previous year.
One dirham equals USD 0.27.
In a press release, the FCA preliminary data indicated that the share of imports of the UAE total direct non-oil trade amounted to AED 696.4 billion during the year, compared to AED 685.1 billion in the previous year, increasing by two percent, while the value of exports amounted to about AED 132.2 billion, and the value of re-exports to 243.7 billion AED with a growth rate of five percent compared to the previous year.
The FCA added total non-oil trade volume reaches in terms of weight during 2014 approximately 171.9 million tons, 68.1 million tons of which were imports, and 92.9 million tons of exports, and 10.9 million tons of re-exports.
The FCA stated that the daily average weights of customs messages in the UAE non-oil trade at the different customs ports during the 2014 amounted to about 716 thousand tons per day, on the basis of official working hours (eight hours, five days a week), with an average 90,000 tons per hour.
With regard to the UAE trading partners map in the field of non-oil trade, the FCA pointed out that the regional structure of the UAE trading partners in the field of non-oil trade was stable in terms of regions shares, as Asia, Australia and the Pacific region maintained the first rank on top of the non-oil trade partners with a share of AED 424.5 billion equivalent to 41per cent of the UAE total non-oil trade.
The European region came second in the list of the UAE trading partners with a share of AED 282.8 billion, 27 percent of the total, followed by the Middle East and North Africa Region with AED 163.9 billion, 16 percent, and the American and Caribbean Region with AED 101 billion, or 10 percent of the total. (end)
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