Thursday 16, February 2017 by Georgina Enzer

Abu Dhabi’s trade of pearls and precious stones reach AED13.3 billion

Abu Dhabi’s trade in pearls, precious stones and precious metals reached AED 13.3 billion during the first 11 months of 2016, according to statistics on non-oil-related commodities exports from its land, sea and airports, according to WAM.

Statistics on the trade of pearls, precious stones and precious metals show a rise in the value of re-exports through Abu Dhabi ports of AED 5.63 billion during the first 11 months of 2016, an increase of 125.2 per cent compared to the same period in 2015, which totalled AED 2.5 billion.

The value of re-exported pearls, precious stones and precious metals was around 26 per cent of the total re-export trade of Abu Dhabi from November 2016 to January, totalling AED 21.72 billion.

The total value of exports of these commodities reached AED3.06 billion from February 2016 to January, while imports totalled AED4.61 billion during the same period.

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