According to recent central bank data reported by Al Bayan newspaper, total exports and re-exports in the UAE are equivalent to about 80.7% of the country's GDP in 2018.
The Central Bank stated that total non-oil exports increased by 4.9% to 410.5 billion in 2018, equivalent to 28.5% of GDP, and included approximately 261.3 billion dirhams of regional exports. Free exports, and 149.3 billion dirhams other exports.
He said that total petroleum exports increased by 8.7% from 213.5 billion dirhams in 2017, to 232.1 billion dirhams in 2018, equivalent to 16.1% of GDP, and included About 125.4 billion dirhams of crude oil exports grew by 9.1%, 77.5 billion in exports of petroleum products with growth of 9.1% and 29.2 billion exports of natural gas with growth of 6.1%.
The report showed that re-exports, which include products re-exported of non-cash gold, witnessed a decrease of 4.6% from 546.5 billion dirhams in 2017, to reach 521.2 billion dirhams At the end of last year, equivalent to 36.2% of GDP.
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8.6 billion dirhams, Abu Dhabi banks net income in the last quarter of 2018
