UAE and Oman non-oil industry reaches DH 362 billion in 10 years

Abu Dhabi: the total non-oil industry between the UAE and Oman from 2012 to 2021 amounted to more than DH 362 billion, registering an expansion rate of 98. 9% to reach DH 46. 5 billion by the end of 2021, up from DH 23. 4 billion until the end of 2012, according to data from the Federal Center for Competitiveness and Statistics (FCSC).

The knowledge showed that non-oil exports accounted for 33% of the overall non-oil industry over the past 10 years, reaching DH 120 billion, while the percentage of re-exports was 45. 5% to DH 165 billion. Imports accounted for 21. 5% of the overall non-oil industry. The oil industry between the two countries at the same time reached almost 77 billion dirhams.

The volume of industry between the two countries in the first part of this year amounted to DH 24. 2 billion, of which DH 8. 8 billion in re-exports, DH 9. 9 billion in non-oil exports and DH 5. 4 billion in re-exports. Imports.

According to the knowledge about the volume of foreign industry between the two countries, in 2013 there was a growth of the non-oil industry of 23% to reach 28. 8 billion dirhams, the volume of the industry in 2012.

The year 2019 recorded the highest industry rate in the last decade with 48 billion dirhams, while 2021 saw an expansion of 10% to reach 46. 5 billion dirhams, to 42. 3 billion dirhams at the end of 2020.

The report showed that petroleum oils and mineral oils (not crude) occupied the top of the list of the five most sensitive top products imported from Oman last year with a price of 1. 49 billion dirhams, followed by iron ore concentrates priced at 1. 45 billion dirhams, Iron or metal bars are priced at DH 1,360 million and semi-finished iron or metal products are priced at DH 830 million and insulated ropes and cables are priced at DH 370 million.

Raw, semi-manufactured and powdered gold topped the list of the five most sensitive products exported to Oman with a price of Dh2. 41 billion, the copper bead price of Dh1. 31 billion, the price of oil and mineral oils (non-crude) Dh916 million. , and cigarettes cost Dh889 million and metal products Dh765 million.

In the list of the five most sensitive commodities that were re-exported to Oman in 2021, cars arrived first with a price of 3. 47 billion dirhams, mobile phones with a price of 1. 84 billion dirhams, auto parts and materials with a price of 3. 47 billion dirhams. Dh631 million, knowledge processing machines cost Dh625 million and soaps and laundry products cost Dh584 million.

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