Uae non oil exports

22 Jun 2019 The UAE was Iran's fourth export destination in the world. Iran exported low- density oils, mineral oils and bitumen to UAE during the month. It 

Currently, the non-oil sector contributes 70 per cent of the UAE’s GDP with oil contributing the remaining. By 2021, the non-oil sector will contribute 80 per cent, he said. GCC well on track for the diversification drive, 80% exports from UAE are non-oil, experts highlight key trends economic trends at the Gulf Trade Finance Summit. Over 200 trade finance decision makers gathered for the Gulf Trade Finance Summit last week in Dubai. United Arab Emirates Exports United Arab Emirates’ economy is highly dependent on the exports of oil and natural gas (40 percent of total exports). Others exports include: pearls and other precious metals and stones (28 percent of total exports), machinery sound recorders and parts (9 percent) and transport vehicles (6 percent). FCA - UAE,Federal Customs Authority -United Arab Emirates In this regard FCA allows a lot of data and information related to UAE Non – oil foreign trade, beside surveys and other data, to be available through various formulas & programs, so as to facilitate access to them ,so all files on this page are allowed to be downloaded The United Arab Emirates is the 32nd largest export economy in the world and the 54th most complex economy according to the Economic Complexity Index (ECI). In 2017, the United Arab Emirates exported $142B and imported $175B, resulting in a negative trade balance of $34B.

Gold was also the most exported item, amounting to 25 per cent of the UAE’s non-oil exports in 2018. It was followed by raw aluminium (Dh18.6 billion) and cigarettes (Dh12 billion).

The UAE and Global Oil Supply With the world’s seventh largest proven crude oil reserves, the UAE is a responsible producer and critical partner in global energy markets. As a mainstay to the economy, oil exports now account for about 25 percent of the UAE’s gross domestic product. In 2011, oil exports accounted for 77% of the UAE's state budget. Tourism is one of the bigger non-oil sources of revenue in the UAE, with some of the world's most luxurious hotels being based in the UAE. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Gold exports came on top at a value of AED 41.2 billion, representing 30% of the UAE total non-oil exports, followed by ornaments and jewelry with a value of AED 13 billion, i.e. 9.3%, then, the raw aluminum with a value of AED 12.8 billion with 9%, then ethylene polymers in primary forms with a value of AED 7 billion dirhams forming 5%, and It was highlighted at the summit that in lines with the UAE government’s vision 2021, SMEs participation in the non-oil economy will reach 70%. There are over 400,000 SMEs that contribute to more than 60% of the country’s non -oil economy and provide 86% to the private workforce. In the recent years, reports suggest that SMEs have become an integral part to strengthen the private sector and diversify the overall economy. The Gulf Trade Finance Summit delved deeper to understand the The UAE's non-oil trade witnessed a significant growth in the value of re-exports of 6.7% to reach AED 232.2 billion during the period, reflecting the high competitive advantage of the UAE product and increasing the country's position globally in the field of re-export of goods and products.

2 Feb 2017 The UAE's non-oil foreign trade stood at Dh1.172 trillion ($320 billion) during the UAE's exports grew by 6 per cent as it reached $40.5 billion

24 Feb 2020 Except for the hydrocarbon industry, UAE's economy expanded at the slowest pace since at least 2011: UAE Central Bank.

Higher EPI implies higher UAE exports, higher inward FDI flows and a higher number of foreign tourists, which increases consequently non-oil GDP growth.

Main non-oil exports of the country include gold, jewellery, diamond, raw aluminium, and cigarettes. The emirates also possess a robust re-export policy. The value  8 Mar 2020 The number of certificates of origin for Kuwaiti non-oil exports to Arab and foreign countries amounted to 1,136 at a value of KWD 12.64 million in  29 May 2019 UAE's non-oil trade reached Dh1.63 billion in 2018 with gold dominating exports and imports. Value of exports in non-oil trade was Dh212 

12 Jun 2014 Diversifying Abu Dhabi: FDI opportunities in its non-oil economy can be 100% foreign-owned and exempt from import or re-export taxes, 

15 Feb 2018 The UAE's economy, like others oil exporting countries, faced Much of this growth was created through diversification in non-oil sectors: first,  12 Jun 2014 Diversifying Abu Dhabi: FDI opportunities in its non-oil economy can be 100% foreign-owned and exempt from import or re-export taxes,  24 Feb 2020 Except for the hydrocarbon industry, UAE's economy expanded at the slowest pace since at least 2011: UAE Central Bank.

FCA - UAE,Federal Customs Authority -United Arab Emirates In this regard FCA allows a lot of data and information related to UAE Non – oil foreign trade, beside surveys and other data, to be available through various formulas & programs, so as to facilitate access to them ,so all files on this page are allowed to be downloaded The United Arab Emirates is the 32nd largest export economy in the world and the 54th most complex economy according to the Economic Complexity Index (ECI). In 2017, the United Arab Emirates exported $142B and imported $175B, resulting in a negative trade balance of $34B. The UAE and Global Oil Supply With the world’s seventh largest proven crude oil reserves, the UAE is a responsible producer and critical partner in global energy markets. As a mainstay to the economy, oil exports now account for about 25 percent of the UAE’s gross domestic product. In 2011, oil exports accounted for 77% of the UAE's state budget. Tourism is one of the bigger non-oil sources of revenue in the UAE, with some of the world's most luxurious hotels being based in the UAE. A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Gold exports came on top at a value of AED 41.2 billion, representing 30% of the UAE total non-oil exports, followed by ornaments and jewelry with a value of AED 13 billion, i.e. 9.3%, then, the raw aluminum with a value of AED 12.8 billion with 9%, then ethylene polymers in primary forms with a value of AED 7 billion dirhams forming 5%, and