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Non-oil trade between UAE and China hits $468bn in 10 years

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ABU DHABI – Non-oil trade between the UAE and China increased by 78.5% from 2012 to 2021, reaching AED223.5 billion by the end of 2021, compared to AED125.1 billion in 2012.

According to the Federal Competitiveness and Statistics Centre (FCSC), during the reporting period, the total non-oil trade between the two countries exceeded Dh1.72 trillion, of which Dh1.53 trillion was imported and Dh6.4 billion non-oil exports. AED 121 billion worth of re-exports.

The FCSC data also showed that the total non-oil trade between the UAE and China in the first quarter of 2022 was AED118.4 billion, with imports worth AED102.7 billion, non-oil exports worth AED5.5 billion, and non-oil exports worth AED98. AED 100 million in re-exports. 2017 recorded the highest trade value of the past decade at AED 195.6 billion, a 15% increase over 2016.

Telecommunications equipment topped the list of imports from China in the past year at AED 70 billion, followed by data processing equipment at AED 23.6 billion, medical vaccines at AED 4.1 billion, and displays at AED 25 billion. 100 million dirhams, headphones and amplifiers, 2.5 billion dirhams Among the top five commodities exported to China, ethylene polymers ranked first with 4 billion dirhams, followed by propylene polymers with 1.9 billion dirhams This was followed by rapeseed oil at AED 1.4 billion, copper filings at AED 600 million, and fatty oil extraction residue at AED 570 million.

In the list of re-exports to China last year, telecommunications equipment topped the list with AED 8.3 billion, followed by data processing equipment at AED 2.09 billion, automobiles at AED 1.5 billion and primary nickel at AED 1.3 billion Mu is in second place. , and auto parts worth AED 600 million.

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