Non-oil merchandise trade in August 2012 compared with August 2011 A year on year comparison of non-oil merchandise trade data ( for August 2012 compared with August 2011) indicates a rise of AED 2,011 million (20.1 percent) in total trade, with non-oil exports increasing by AED 1,781 million (>100 percent), and imports decreasing by AED 125 million (1.4 percent) over the same period, due to decreases of AED 283 million (34.8 percent) in the “Other commodities” group and AED 96 million (2.2 percent) in “Machinery and transport equipment”, which were partially offset by increases of AED 155 million (22.9 percent) in “Chemicals and related products” and AED 72 million (3.6 percent) in “Manufactured goods classified chiefly by material”.
Non-oil exports increased by over 100 percent, reflecting increases of AED 731 million (>100 percent) in “Machinery and transport equipment”, AED 553 million (>100 percent) in “Chemicals and related products”, AED 227 million (93.0 percent) in “Manufactured goods classified chiefly by material” and AED 199 million (>100 percent) in “Miscellaneous manufactured items”.
Meanwhile the value of re-exports increased by AED 355 million (48.9 percent), due to increases of AED 254 million (54.8 percent) in “Machinery and transport equipment” and AED 58 million (41.2 percent) in “Miscellaneous manufactured items”.
Non-oil merchandise trade by country: August 2012 SCAD’s report also details the imports, non-oil exports and re-exports in August 2012 by value and trading partner, revealing that the top countries of origin for imports were South Korea, which was the source of imports worth (AED 1,170 million), USA (AED 990 million) and Saudi Arabia (AED 865 million). These three countries supplied 34.5 percent of Abu Dhabi’s total imports in August 2012.
Saudi Arabia was the top destination of Abu Dhabi’s non-oil exports in August 2012, importing merchandise worth (AED 542 million), followed by Bahrain (AED 295 million) and Qatar (AED 243 million). The combined contribution of these three countries represented 49.3 percent of total non-oil exports in August 2012.