India Leading Exporting Products To UAE In August 2010

India, UAE in August of this year to export a list of countries, China, America and Germany, respectively, after the foregoing.

Early Federal Customs Authority (FCA) of data released Monday shows that India, China, France, USA, Germany, Japan, Great Britain, Italy, South Korea, Malaysia, and, respectively, been the major exporting countries or 62 percent of the total value of imports from the UAE, with Dh25.5bn the total export value in August, the United Arab Emirates.

Official data also show that trade in the UAE non-oil foreign in the first eight months of 2010 477600000000 dirhams (about $ 130 billion) and rose nine per cent last year to the same period 436 400 000 000 dirhams.

Non-oil exports, Norway, India, Switzerland, Saudi Arabia, Iraq, Iran, Qatar, Kuwait, Pakistan and Hong Kong, respectively, from the UAE topped the list of importing countries, 4700000000 dirhams during the same period the price - the UAE, 82 percent of the total value of exports.

Re-exports from India, Iran, Iraq, Bahrain, Afghanistan, Saudi Arabia, Qatar, Pakistan, Belgium and Kuwait, respectively, at the head of the list price at 11700000000 MAD of the UAE exports 75 per cent of the total value formed.

The most important observations that can be read from the data import export and reexport of goods items, compared to an unprecedented increase in growth rates are increasing.

Diversifying the economy of the UAE in recent years the country's trade balance with the outside world to reduce the deficit confirms the success of policies adopted, CAF said.

He also "in August 2010, the initial statistics during this period at the end of August 2010 311 500 000 000 301 200 000 000 dirhams dirhams for the same period last year by the increased value of imports with an increase three per cent overall, revealed.

"Growth rate of exports by 38 percent saw the object in a considerable increase in exports over the same period, 38.8 billion dirhams over the first eight months of 2009, the value of exports increased 53600000000 dirhams over the same period in 2010 due.

"Similarly, re-exports during this period, a growth item 112500000000 96400000000 dirhams dirhams for the price with 17 percent growth rate showed.

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