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Wed 4 Oct 2017 09:03 AM

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Abu Dhabi's 2017 non-oil trade with Saudi Arabia reaches $2.5bn

Trade constituted about 10 percent of Abu Dhabi's total trade in international non-oil goods

Abu Dhabi's 2017 non-oil trade with Saudi Arabia reaches $2.5bn
Trade constituted about 10 percent of Abu Dhabi's total trade in international non-oil goods

Trade of non-oil goods between Abu Dhabi and Saudi Arabia totalled approximately $2.5 billion (AED9.5bn) during the first seven months of the year, according to newly-released figures from the Statistics Centre-Abu Dhabi (SCAD).

The trade constitutes about 10 percent of Abu Dhabi’s total trade in international non-oil goods during the same time period, which amounted to $25bn (AED92.2bn).

According to SCAD statistics, the value of Abu Dhabi’s imports from Saudi Arabia reached $1.7bn (AED6.5bn) – nine percent of the emirate’s total – while exports totalled $411 million (AED1.5bn) and re-exported goods to AED1.51bn.

Saudi Arabia is ranked first among countries in the region with commercial ties with Abu Dhabi for over a decade, the report added.