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Gold Tops UAE’s Non-Oil Trade During First Half of 2020
Gold Tops UAE’s Non-Oil Trade During First Half of 2020
16 Nov 2020, 09:25 AM IST
(Bloomberg) --
Non-oil trade in the United Arab Emirates amounted to about 658.3 billion dirhams ($179.2 billion) during the first half of 2020, the state-owned news agency WAM reported on Saturday citing the Federal Competitiveness and Statistics Centre.
More on the UAE’s trade:
- Gold topped the list at 104 billion dirhams, or 15.7% of total trade.
- Imports during the first half were at 378.8 billion dirhams, while the value of exports reached 116.7 billion dirhams.
- China was the UAE’s top trading partner with total trade between the two reaching 82.4 billion dirhams, followed by Saudi Arabia, India and the U.S.
©2020 Bloomberg L.P.
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