Abu Dhabi’s Non-Oil Trade Totaled $51.7 Billion

Industrial supplies topped the value of non-oil merchandise trade by economic categories in November 2021 in Abu Dhabi trade (WAM)
Industrial supplies topped the value of non-oil merchandise trade by economic categories in November 2021 in Abu Dhabi trade (WAM)
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Abu Dhabi’s Non-Oil Trade Totaled $51.7 Billion

Industrial supplies topped the value of non-oil merchandise trade by economic categories in November 2021 in Abu Dhabi trade (WAM)
Industrial supplies topped the value of non-oil merchandise trade by economic categories in November 2021 in Abu Dhabi trade (WAM)

The value of non-oil foreign trade passing through Abu Dhabi ports over 11 months in 2021 amounted to some AED190.20 billion (51.7 billion), an increase of 2.9 percent compared to the same period in 2020, which saw a total of AED184.93 billion (%50.3 billion).

This data revealed by a report, titled, "Non-Oil Foreign Merchandise Trade Through the Ports of Abu Dhabi", and published by the Statistics Centre-Abu Dhabi (SCAD).

Abu Dhabi’s non-oil trade was distributed between imports worth AED83.63 billion ($22.7 billion) and non-oil exports worth over AED71.17 billion ($19.3 billion), an increase of 5.4 percent compared to the same period last year, in addition to re-exports valued at nearly AED35.39 billion ($9.6 billion), an increase of 10 percent compared to 2020.

The value of foreign trade through Abu Dhabi’s ports in November 2021 amounted to over AED20.35 billion ($5.5 billion) compared to AED16.83 billion ($4.5 billion) during the same reporting period in 2020, divided between imports worth AED8.37 billion ($2.2 billion) or 41.1 percent of total trade, non-oil exports worth AED7.79 billion ($2.1 billion) or 38.3 percent of total trade, and re-exports worth AED4.18 billion ($1.1 billion) or 20.6 percent of total trade.

Saudi Arabia was Abu Dhabi’s leading non-oil merchandise trade partner in November 2021, when the value of their trade exchange was AED4.87 billion ($1.3 billion), followed by China with AED1.15 billion ($313 million), then the US with AED1.146 billion ($311 million).

The value of non-oil merchandise trade going through customs in November 2021 was distributed between seaports with AED7.21 billion ($1.9 billion), airports with some AED5.98 billion ($1.6 billion), and land ports with AED7.14 billion ($1.9 billion).

The value of non-oil merchandise trade in November 2021 was distributed between the economic categories of industrial supplies worth AED11.56 billion ($3.1 billion); production merchandise other than transportation equipment worth AED2.71 billion ($737 million); transport equipment, parts and accessories worth AED2.49 billion ($677 million); food and beverages worth AED1.51 billion ($411 million); consumer goods worth AED1.96 billion ($533 million); fuel and lubricants worth AED88.8 million($24.1 million), and other goods worth AED12.5 million ($3.4 million).



Saudi Arabia Joins International Partnership for Hydrogen and Fuel Cells in the Economy

Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
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Saudi Arabia Joins International Partnership for Hydrogen and Fuel Cells in the Economy

Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)

The Saudi Energy Ministry announced Saturday that the Kingdom has officially joined the International Partnership for the Hydrogen and Fuel Cells in the Economy (IPHE), as part of its ongoing efforts to foster international collaboration in developing this vital sector.
This accession marks a major step for the Kingdom, reinforcing its pioneering role in global sustainability efforts and in innovating advanced solutions for clean energy, the Ministry said in a statement.
It aligns with Saudi Arabia’s ambition to become a key producer and exporter of clean hydrogen, and to achieve greenhouse gases (GHGs) net-zero through the circular carbon economy approach by 2060, or before depending on technology maturity and availability, the statement added.
Saudi Arabia’s involvement in IPHE underscores its commitment to international cooperation as a cornerstone for attaining a more sustainable energy future.
The move also supports the objectives of the “Saudi Green Initiative” and “Middle East Green Initiative,” which focus on reducing carbon emissions and stimulating global demand for clean hydrogen, according to the statement.
"It also aims to contribute to the development and harmonization of regulations and standards that bolster the clean hydrogen economy,” it added.
IPHE serves as a crucial platform for fostering collaboration among member states to expedite the advancement and deployment of hydrogen and fuel cell technologies.
The partnership is dedicated to exchanging knowledge, supporting relevant research and technologies, and raising awareness about the importance of clean hydrogen in achieving sustainable development.
In this spirit, Saudi Arabia actively participates in numerous international organizations and initiatives linked to the production of clean and low-emission fuels, including the Innovation Mission Initiative, the Clean Energy Ministerial Meeting, the Zero Neutrality Forum for Producers, the Global Methane Initiative, and other related efforts.