The total value of Abu Dhabi’s non-oil foreign trade in the first quarter of 2022 amounted to $16.74 billion (AED 61.522 billion), showcasing a 15 percent increase compared to the same period in 2021.
Exports recorded a 35 percent growth in the first three months of the year, compared to the same period in 2021, valued at AED 24.449 billion.
Meanwhile, imports recorded an increase of 5 percent year-on-year with a value of AED 25.374 billion in the first quarter of 2022.
Re-exports rose 4 percent, valued at AED 11.698 billion in Q1 2022, compared to AED 11.237 billion in Q1 2021.
The director-general of the General Administration of Customs in Abu Dhabi, Rashed Lahej Al Mansoori, said that proactive services launched by the administration during the relevant period contributed to the growth in non-oil trade in the first quarter of 2022 compared to the same period of last year.
The administration offers a set of strategic services based on digital technologies and artificial intelligence, he added.
Improved efficiencies in the customs sector have also boost Abu Dhabi’s stature as a global capital of trade.
The value of trade in commodities from ordinary metals and their products exceeded AED 12.83 billion, a rise of 27 percent, compared to AED 9.491 billion in the first quarter of 2021, while trade in pearls, precious stones, precious metals, and their products, recorded 78 percent growth during the same period.
The trade of wood and its products, cork, mats and baskets grew by 47 percent, while the trade of leather goods, animal kits, and travel supplies recorded a growth of 43 percent.
Saudi Arabia accounted for the largest share of total trade of 23 percent, valued at AED 13.921 billion, followed by Switzerland with eight percent, the US with seven percent, China with five percent, and India with five percent.
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