Abu Dhabi trade in planes, spacecraft surges to AED9.3bn

Dubai / Emirates Business

Abu Dhabi trade in planes and spacecraft, including parts thereof, has amounted to AED9.3 billion during the first nine months of this year, according to figures by the Statistics Centre-Abu Dhabi, on the emirate’s non-oil trade. The stated value doesn’t include the deals made by the emirate and registered by other ports of exit, including sea, land or air.
In more detail, the emirate’s imports of planes and spacecraft from January through end of September neared AED7 billion, against AED8.8 billion during the same period last year.
Plane and spaceship imports account for 8% of the emirate’s total imports of AED88 billion during the same monitored period. Plane and spaceship re-exports stood at around AED2.2 by the end of September, a growth of 11 percent against AED1.03 during the same period the year before, making up 14% of the emirate’s re-exports trade. The value of exports, according to SCAD figures grew by 309% from AED9.3 million during the first nine months of 2016 to AED38 million during the corresponding period 2017.
The total value of spaceship and aircraft trade, including parts thereof, represents 7.7 percent of the Emirate’s
total non-oil trade of AED119.5 billion during the same
monitored period.