Saudi Arabia’s Zatca collaborates with government agencies to enhance international trade
Imports and exports
Latest in Imports and exports
customs
Saudi Arabia announces major new customs rules
Saudi Arabia has announced new rules for customs operations in the Kingdom; sets fees for imports and export
bilateral economic relations
Sharjah Chamber of Commerce signs MoU with Brazilian Chamber to boost bilateral trade
The initiative also seeks to augment the cooperative endeavours between the business communities in the UAE and Brazil
China
China’s foreign trade soars to $2.81 trillion in H1 2023
China registered 540,000 foreign trade companies in the first half of 2023, a year-on-year increase of 6.9 percent
Cars
Saudi Arabia announces individuals can import cars
Saudi Arabia will allow individuals to import cars into the Kingdom, minister says
exports and re-exports
Asia biggest partner of Ras Al Khaimah in growing non-oil foreign trade in 2021
Non-oil foreign trade rose from AED 14.78 billion in 2020 to AED 16.83 billion in 2021, with exports accounting for the largest share in the mix
Germany
Non-oil trade between the UAE and Germany climbs to $130.13 billion over the past decade
Cars ranked first on the list of the most important goods imported from Germany during 2021 at a value of approximately $1.17 billion
Federal Competitiveness and Statistics Centre
UAE’s trade surplus with GCC countries reach AED134.7bn in 2021
Trade between the UAE and the GCC saw a 26 percent jump last year, with a value of AED247.5bn, latest figures indicate
Abu Dhabi
Abu Dhabi’s non-oil foreign trade rises 15 percent to $16.74 billion in the first three months of 2022
Saudi Arabia accounted for the largest share of total trade with Abu Dhabi at 23 percent, followed by Switzerland with eight percent, the US with seven percent, and China and India with five percent each
Commodities
Egypt suspends import of hundreds of GCC products due to issues with registration compliance
The list includes companies from the UAE, the UK, the US, Germany, China, Turkey, Italy, Malaysia, France, Bulgaria, Denmark, and South Korea.
business activities
UAE non-oil exports sets new record, hits $96bn for first time in its history
The total value of the UAE’s non-oil foreign trade climbed 27% year-on-year to $517.27bn (AED1.9tn) in 2021, showcasing consistent growth across all areas of trade, including exports, imports, and re-exports
Bahrain economy
Bahrain records 101% improvement in year-on-year trade balance for November
Trade balance recorded surplus of $5.3m in November compared to a deficit of $432m for the same period last year
Abu Dhabi business
Abu Dhabi non-oil foreign trade hits $54.8bn in 2020 despite global Covid pandemic
Saudi Arabia was Abu Dhabi’s first trading partner, with trade worth more than $12.1bn
Coronavirus in India
Video: India moves to ensure trade continues amid surging coronavirus cases
With coronavirus cases surging across India, the country opened a control room to ensure trade continues.
Bahrain Economic Development Board
Bahrain-GCC trade hits $1.76bn in first quarter of 2021
Trade between Saudi Arabia and Bahrain accounted for 45% of the total Bahrain-GCC trade
Coronavirus in India
India sets up control room to ensure trade continuity amid coronavirus spike
The entity will monitor and facilitate difficulties encountered by tradespeople due to the country’s coronavirus spike