Abu Dhabi, Kuwait non-oil trade hits AED51.3b in 5 years

Abu Dhabi, Kuwait non-oil trade hits AED51.3b in 5 years

ABU DHABI / WAM

The volume of non-oil trade exchange between the Emirate of Abu Dhabi and the State of Kuwait through the emirate's ports reached AED51.3 billion during the past five years, through more than 78,000 customs transactions, which reflects the growing economic relations between the two brotherly countries, according to the General Administration of Abu Dhabi Customs. Abu Dhabi's foreign trade with Kuwait was divided into imports worth AED2.6 billion, exports worth AED19.73 billion, and re-exports with a value of AED28.97 billion, while exports accounted for 38 percent of total trade, followed by re-exports by 56 percent, followed by imports by 5 percent. The value of goods and commodities that were transported through the customs ports of the emirate amounted to AED1.64 billion by sea, AED37.78 billion by land, and AED11.88 billion by air.

The products of machinery, recording devices and sound and image broadcasting accounted for the largest share of the total trade between Abu Dhabi and Kuwait with a value of AED11.34 billion. Chemical industries products with a value of AED8.98 billion, followed by ordinary metals and their products with a value of AED7.27 billion, followed by textile materials and their products with a value of AED4.34 billion.

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