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SCAD issues quarterly report on non-oil merchandise trade












Statistics Centre - Abu Dhabi (SCAD) has issued its quarterly report on non-oil merchandise trade through the ports of the Emirate of Abu for Q2 2014 to support decision makers and businesses with accurate and up-to-date statistics on the non-oil merchandise that entered or exited the territory of the Emirate of Abu Dhabi through the emirate’s ports (including air, sea and land ports) during the reference period.

The report highlights the relative importance of each individual component of imports, non-oil exports and re-exports. It is worth noting that the report data does not exhaustively cover Abu Dhabi’s foreign trade since a considerable proportion of it flows through the ports of other emirates.

-- Imports by Standard International Trade Classification (SITC4) 'Machinery and transport equipment' was the largest contributor to imports by SITC4 in Q2 2014, representing 48.4 percent of the total. Its value increased by AED 2.7 billion (25.1 percent) in Q2 2014 compared with Q2 2013. The main contributors to this increase were the sub-sections "Machinery specialsed for particular industries" (up AED 1.0 billion) and "Road vehicles (up AED 993 million).

The second largest SITC4 section in Q2 2014 was "Manufactured goods classified by material", representing 21.7 percent of the total. Its value decreased by AED 1.1 billion (-15.4 percent) compared with Q2 2013. The largest sub-sections in Q2 2014 were "Iron and steel" (down AED 767 million) and "Non-ferrous metals" (down AED 377 million).

The third largest SITC4 section was "Chemicals and related products" representing 10.5 percent of the total. Its value increased by AED 580 million (25.1 percent) over the period, mainly due to increases in "Plastics in primary forms" (up AED 157 million) and "Inorganic chemicals" (up AED 151 million).

These top three sections contributed 80.6 percent of the total value of imports in Q2 2014, compared with 78.2 percent in Q2 2013.

-- Imports by Broad Economic Categories (BEC) As SCAD’s report finds, "Industrial supplies not elsewhere specified" was the largest BEC category of imports in Q2 2014 representing 37.0percent of the total value. Its value decreased by AED 1.5 billion (-12.7percent) in Q2 2014 compared with Q2 2013.

The second largest BEC category, "Transport equipment and parts", increased by AED 792 million (12.8 percent) compared with the Q2 2013 value, while the third largest BEC category, "Capital goods (except transport equipment)", showed an increase of AED 2.1 billion (45.0 percent over the same period.

-- Imports by Harmonised System (HS Chapter) The 7.5 percent rise in the value of imports over the period was mainly due to an increase of AED 1.7 billion (45.0percent) in "Boilers, machinery, mechanical appliances and parts" and AED 1.0 billion (29.3 percent) in "Vehicles other than railway; parts". These were partially offset by decreases of AED 664 million (-29.8 percent) in "Articles of iron and steel" and AED 523 million (-20.5percent) in "Copper and articles thereof".

-- Imports by continent With a share of 47.2 percent, Asia represented the leading source of imports through the ports of Abu Dhabi during Q2 2014. Imports from Europe and North America represented 29.7 percent and 12.0 percent of total imports in Q2 2014, respectively.

-- Imports by continent Source: Abu Dhabi Department of Finance – Customs Administration -- Imports by country A comparison by country shows that the top ten imports trading partners contributed 67.5 percent of total imports in Q2 2014. The United States of America was the leading source, supplying goods worth AED 3.2 billion, an increase of AED 88 million (2.9 percent) compared with Q2 2013. There were increases in imports from South Korea (up AED 951 million), Germany (up AED 469 million) and China (up AED 356 million); partially offset by decreases from Oman (down AED 276 million) and Italy (down AED 73 million) over the period.

-- Non-oil exports by Standard International Trade Classification (SITC4) The report reveals an increase of AED 465 million (11.5percent) in the value of non-oil exports during the second quarter of 2014 compared with the same period in previous year.

The largest SITC4 section was "Manufactured goods classified by material", which increased by AED 245 million (10.8 percent) compared with Q2 2013. This increase was due to the sub-section "Non-ferrous metals" (up AED 284 million), partially offset by a decrease in "Iron and steel" (down AED 83 million).

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