Non-oil foreign trade through Abu Dhabi’s ports reached AED281.9 billion in 2023

  • Date: 21-Apr-2024
  • Source: Eye of Riyadh
  • Sector:Oil & Gas
  • Country:UAE
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Non-oil foreign trade through Abu Dhabi’s ports reached AED281.9 billion in 2023

The total volume of non-oil foreign trade through the border crossings of the Emirate of Abu Dhabi amounted to AED281.903 billion during the year 2023, with a growth rate of 8 percent compared to AED260.435 billion in 2022. Imports grew by 19 percent during the past year, reaching a value of AED136.45 billion, compared to AED114.355 billion in 2022. Re-export activities also achieved a growth of 11 percent, reaching a value of AED52.394 billion, compared to AED47.277 billion in 2022. Rashed Lahej Al Mansoori, Director-General of the General Administration of Abu Dhabi Customs, emphasised that the growth rates reflect Abu Dhabi's economic expansion across all sectors, which contributes an active role in driving the economic growth wheel of the country, resulting from the policies, decisions and strategic initiatives adopted by the UAE government to create a business environment open to the global economies, thereby enhancing the country's competitiveness. Al Mansoori further explained that Abu Dhabi Customs, as part of its strategic vision to achieve global leadership, continuously adopts the latest technologies and systems to develop its operational and procedural efficiency and provide distinctive services that facilitate trade movement and accelerate customs procedures. This includes providing proactive services and expanding the scope of the