UAE – Mubasher: The UAE's non-oil foreign trade has registered around AED 658.33 billion during the first half (H1) of 2020, according to the Emirates News Agency (WAM).
The value of the non-oil foreign trade in H1-20 accounted for around 41% of the UAE's total trade in 2019, as shown by the latest data by the Federal Competitiveness and Statistics Authority (FCSA).
Gold topped the country's non-oil foreign trade, with around AED 104 billion which accounts for 15.7% of the total trade in the first six months of 2020.
The UAE's imports reached about AED 378.837 billion in the January-June period of 2020, while the exports and re-exports amounted to AED 116.752 billion and AED 162.739 billion, respectively.
As for the UAE's trade partners, China came on top of the list with AED 82.4 billion in H1-20, followed by Saudi Arabia with AED 46.6 billion.
At the same time, the UAE's non-oil foreign trade with China, Saudi Arabia, India, the US, and Switzerland recorded about AED 244 billion, representing 37.1% of the total trade value in H1-20.
