UAE non-oil trade 1.403 trillion dirhams in 2020

The value of the UAE's foreign trade in non-oil goods reached 1.403 trillion dirhams during the year 2020.

The data issued by the center showed that the UAE's commercial activity with the countries of the world continued during the past year, despite the repercussions of the Corona pandemic that the whole world is witnessing, which reflects the resilience of the national economy. The value of the country's imports amounted to 785.1 billion dirhams, representing 56% of the total trade, while the value of exports reached 254.6 billion dirhams, representing 18% of the total trade and re-exports at a value of 363.4 billion dirhams, representing 26% of the total trade.

China topped the UAE's most important trading partner, with the value of merchandise trade with it amounting to 174 billion dirhams, followed by Saudi Arabia with a value of 104 billion dirhams, and India came in third place as one of the The most important strategic partners of the state with a value of 102.5 billion dirhams, followed by the United States of America with a value of 80.2 billion dirhams, and then Iraq with a value of 53 billion dirhams.

The first five countries combined during the year 2020 accounted for 36.6% of the country's total non-oil foreign trade, while in 2019 it represented 44.1%, which enhances the position of the UAE Competitiveness in the export focus index of partners.

At the level of the five most important markets for imports to the country, China topped the first place with a value of 144.4 billion dirhams, followed by the United States of America with a value of 60.5 billion dirhams, followed by India with a value of 60.5 billion dirhams dirhams, then Japan with a value of 34.7 billion dirhams and Germany with a value of 26.7 billion dirhams, where the contribution of the first five countries accounted for 41.6% of the total volume of imports to the country, and China alone amounted to 18.4%.

Switzerland came in the forefront of the 5 most important markets for national exports with a value of 29.2 billion dirhams, followed by Saudi Arabia with a value of 25.6 billion dirhams, then India with a value of 19.7 billion dirhams, followed by Turkey With a value of 18.4 billion dirhams, and Italy with a value of 18.2 billion dirhams, the contribution of the first five countries constituted 43.5% of the total volume of the state's exports, and Switzerland alone achieved 11.5% of the state's total non-oil exports.

In terms of the 5 most important markets for re-exports, the Kingdom of Saudi Arabia ranked first with a value of 54.6 billion dirhams, followed by Iraq with a value of 40.6 billion dirhams, followed by Oman with a value of 23.3 billion dirhams, then India with a value of 22.3 billion dirhams and China with 19.6 billion dirhams.

On the side of the state's total non-oil trade of the most important commodities, the trade in raw and semi-worked gold came to the fore with a value of 242.43 billion dirhams, and telephone equipment, including cellular and wireless network devices, with a value of 150.07 billion dirhams. .