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Abu Dhabi's Exports Strikes $4.7 Million in Q4 2018


The business sector had increased by Dh4.0 billion (32.6 per cent), the government sector by Dh518.4 million (726.1 per cent), and the individual sector increased by 43.3 per cent as compared to the same period of 2017, reported Emirates news agency Wam, citing figures given by Statistics Centre - Abu Dhabi.

During Q4 2018, exports values increased by Dh3.8 billion (28.7 per cent) compared with Q3 2018. This was a result of multiplication in the value of the business sector by 25.6 per cent and government by 1,297.7 per cent, while the value of the individual sector fell by 19.2 per cent over the same period.

The import value fell by 0.3 per cent from Dh27.5 billion in Q4 2017 to Dh27.4 billion in Q4 2018. During the same period the business sector lowered by Dh840.4 million (3.3 per cent), and the individual sector lowered by 207.9 billion (53.1 per cent), while the government sector showed an increase by Dh957.3 million (61.2 per cent).

Imports values decreased by Dh1.4 billion (4.8 per cent) during Q4 2018 compared with Q3 2018. The value decreased in the business sector by 11.0 per cent, while at the same time, the government sector and individual sector increased by 187.6 per cent, and 35.8 per cent respectively.

Three commodities contributed the most in the total value of exports of the business sector. These were, ‘Vehicles, aircraft and associated transport equipment’, ‘Base metals and articles of base metal’, and ‘Plastics and articles thereof, rubber and articles thereof’, which contributed 62.0 per cent of the total.

Goods of ‘aircraft, Vehicles and related transport equipment’, ‘Machinery, sound, recorders and picture broadcasting and accessories’, and ‘Base metals and articles thereof’’ represented 61.3 per cent of total imports for the same sector.

‘Pieces and antiques’ works of art, collectors’ , ‘Vehicles, aircraft and related transport equipment’, and ‘Articles of wood, articles of cork, basket ware and wickerwork’ contributed most to the exports of the government sector, and represented 98.3 per cent of the total.

Goods of pieces and antiques’, ‘Works of art, collectors’, ‘Vehicles, aircraft and related transport equipment’, and ‘Machinery equipment, sound and television recorders and reproducers, and parts thereof’ accounted for 95.1 per cent of total imports for the same sector.


Source : newzmart
Posted on :4/2/2019