India tops list of exporters to the UAE

India, China, US and Japan have topped the list of exporting counties to the UAE in March 2010 with a total export value of 24.6 billion dirhams - 60 per cent of the total value of the country's imports.

Germany, UK, Italy, Switzerland, France and Malaysia were the other countries in the list.

According to preliminary statistics released by the Federal Customs Authority, the UAE's non-oil foreign trade was about 63 billion dirhams by the end of March 2010.

This is made of 40.8 billion dirhams of imports, 6.8 billion dirhams of exports and 15.4 billion dirhams worth of re-exports.

Meanwhile, the weight of the UAE's total foreign trade during the same period was 5.8 million tonnes, including 3. 7 million tonnes for imports 1.4 million tonnes for exports and 0.7 million tonnes for e-exports.

India, Iran, Iraq, Bahrain, Hong Kong, Saudi Arabia, Qatar, Belgium, Switzerland and Germany represented 70 per cent of the total re-export value at 10.8 billion dirhams.

The Authority said that the total value of non-oil trade with GCC states, according to preliminary figures of March 2010, amounted to 4.7 billion dirhams.

The shares of Saudi Arabia, Qatar, Oman, Bahrain and Kuwait were 1.8 billion dirhams, 813 million, 769 million, 800 million and 542 million, respectively.