Business

AED378 billion in UAE-Turkish non-oil intra-trade in 10 years

ABU DHABI, 10th June, 2023 (WAM) -- Non-oil intra-trade between the UAE and Turkiye from 2013 to 2022 amounted to over AED378 billion, divided into AED204.3 billion in imports, about AED127.5 billion in exports, and more than AED46 billion in re-export...

ABU DHABI, 10th June, 2023 (WAM) — Non-oil intra-trade between the UAE and Turkiye from 2013 to 2022 amounted to over AED378 billion, divided into AED204.3 billion in imports, about AED127.5 billion in exports, and more than AED46 billion in re-exports, according to Federal Competitiveness and Statistics Centre (FCSC). An FCSC report revealed that raw gold topped the list of the five most important commodities imported by the UAE from Turkiye in 2022, with a value of AED15.6 billion, and jewelry was second on the list of the five key commodities imported in the same year, with a value of AED9.4 billion. At AED17.7 billion, raw gold ranked first among the top five commodities exported from the UAE to Turkiye in 2022. With a value of AED2.5 billion, jewelry topped the list of the top 5 commodities re-exported, followed by raw gold worth AED1.8 billion. Hatem Mohamed

Source: Emirates News Agency (WAM)