The UAE’s total non-oil exports rose 15% y-o-y in terms of value in 1H 2023, rising to AED 199.6 bn, according to data (pdf) from theFederal Competitiveness and Statistics Centre (FCSC).
Export values for major commodities in 1H 2023: Gold exports amounted to AED 79.8 bn, unwrought aluminum to AED 14.3 bn, with tobacco products and substitutes at AED 8.5 bn, according to FCSC figures. Jewelry exports during the period were valued at AED 8.4 bn with copper wire at AED 6.9 bn.
Switzerland ♥️ our goods: Switzerland topped the list of the top five countries receiving the highest value of non-oil goods from the UAE in 1H 2023, with exports amounting to AED 22.1 bn. The Swiss were followed by Turkey with AED 18.8 bn, Saudi Arabia with AED 17.2 bn, India with AED 16 bn, and Macedonia with AED 12.5 bn.
We also exported around AED 106 bn worth of industrial exports to 213 international markets in 1H 2023, Al Bayan reports. This marks a twofold increase in the number of markets reached, with the country expanding exports to several European, Asian, and African markets in recent years.
By sector: Metal exports comprised 50.6% of total industrial exports, coming particularly through Abu Dhabi and valued at AED 53.2 bn. Food exports followed as the second-highest contributor, constituting 14% of the total, with exports exceeding AED 14.8 bn. Plastic and rubber exports comprised 10.1% of total industrial exports, at a value of AED 10.7 bn. Chemical industry exports stood at AED 8.6 bn, while exports of tools, recording devices, and precision instruments surpassed AED 8.1 bn. Paper and leather goods exports amounted to AED 4.9 bn, stone and ceramic exports reached approximately AED 2 bn, and transport equipment exports stood at AED 1.7 bn.