UAE’s non-oil foreign trade records AED 658.33bn in H1-20

UAE’s non-oil foreign trade records AED 658.33bn in H1-20

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,