Abu Dhabi records 9% growth in non-oil foreign trade

File picture [for illustration]

Abu Dhabi Customs has reported a 9 per cent increase in the emirate’s non-oil foreign trade in 2024, reaching AED 306 billion, up from AED 281.9 billion in 2023.

Non-oil exports surged by 16 per cent to AED 107.8 billion, while re-exports grew by 11 per cent to over AED 58 billion, and imports saw a 3 per cent rise to AED 140.2 billion.

This growth is attributed to Abu Dhabi’s business-friendly environment, proactive policies and initiatives aimed at reducing costs and streamlining trade processes.

Customs declarations rose by 3 per cent, with digital platform transactions up by 17 per cent, and automated transactions increasing by 31 per cent.

Rashed Lahej Al Mansoori, Director General of Abu Dhabi Customs, emphasised the emirate's continued growth as an economic powerhouse, committed to enhancing trade and supporting the UAE's development.

Abdulla Gharib Al Qemzi, Director General of the Statistics Centre – Abu Dhabi, said that these figures reflect the success of policies that drive sustainable growth and reinforce Abu Dhabi’s position as a major trade hub.

 

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