the automobile trade in the Emirate of Abu Dhabi grew by 19.2%, reaching a value of 14.68 billion dirhams during the first five months of this year.
According to the Emirates News Agency, the number of companies operating in the sector in Abu Dhabi and the UAE has witnessed a significant increase during the last period / Exclusive agencies and used car companies / which is the number that was estimated The end of last year with 6 thousand companies.
The value of the car trade in the first five months of this year constitutes about 48% of the total value recorded by the sector throughout the year 2019, which reflects the extent of activity it witnessed despite the state of The slowdown that dominated the movement of activities worldwide.
The figures showed a high rate of re-exports for this type of trade, as the value of re-exported cars across the emirate amounted to about 7.8 billion dirhams during the period from January to the end of May of this year An increase of 56% compared to the same period in 2019.
At the level of Abu Dhabi's imports of cars, they amounted to 6.7 billion dirhams, while the value of exports reached almost 179 million dirhams.
