The UAE SMEs sector contribute to more than 53 per cent of the UAE’s non-oil GDP, and this percentage is expected to rise to 60 per cent by the end of 2021, and to higher levels in the coming years,
The value of non-oil trade between the UAE and Africa totalled $40.7 billion in the first nine months of 2020, compared to $36.9 billion in the same period of 2019,
Abu Dhabi’s non-oil foreign trade sector registered robust growth touching Dhs151.18 billion mark from January to September 2020, despite the challenges of COVID-19 pandemic.
The UAE non-oil trade volume could grow by up to 12.9% year-over-year in 2021, supported by an expected uptick in maritime transport activity and other positive global economic trends,
The value of Abu Dhabi non-oil foreign trade has reached Dhs80.23 billion through the emirate’s outlets during the first five months of 2020, the Abu Dhabi Customs has announced.
The non-oil exports and re-exports of Abu Dhabi touched Dhs32.8 billion mark between a period from June to August 2020, showing an upward trend by 62.5 per cent compared to Dhs20.2 billion recorded between March and May this year,
Etihad Credit Insurance, the UAE’s Federal export credit company, held its Annual General Meeting of Shareholders to review its performance and financial statements in 2020, as well as discuss its strategic plans and future projects.
Dubai’s economy has proved its resilience and ability to recover quickly from the global repercussions of the COVID-19 pandemic by achieving high levels of external non-oil trade growth in the first quarter of 2021.
Rashed Lahej Al Mansouri, Director-General of the General Administration of Abu Dhabi Customs, has said that Abu Dhabi possesses a solid logistical infrastructure and advanced digital technologies that enhance its trade globally.