Sunday, 22 October 2017 01:13 GMT
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UAE leads GCC in exports to non-Arab African markets

(MENAFN - Khaleej Times) The uae leads the gcc as the largest exporter of petrochemicals and aluminium to non-arab african markets according to a study published by the uae ministry of economy on �competitiveness of uae petrochemicals and aluminum exports to non-arab african markets�.

according to the report the uae’s aluminium and petrochemicals exports to non-arab african countries in 2012 stood at $6.5 billion accounting for only 1.8 per cent of their total imports that stood at $352 billion in the same year.

in 2012 five african countries including south africa nigeria mozambique ghana and angola received 61 per cent or $3.9 billion of the uae’s total aluminium and petrochemical exports to the continent with south africa at the top of the list with $1.08 billion followed by nigeria with $1.03 billion. more specifically the study indicates that the uae’s petrochemicals exports to non-arab african countries stood at $249 million accounting for 2.6 per cent of their total imports of $9.5 billion.

the uae was the 16th-largest petrochemicals exporter to south africa with $44 million covering only two per cent of the african country’s demand. china emerged as south africa’s top exporter with a 17 per cent share or $391 million of the african country’s total petrochemicals imports. the study also ranks the uae as one of the top 10 aluminium exporters to the non-arab african countries.

in 2012 the five african countries imported $1.8 billion of aluminium or 73 per cent of the continent’s total imports of the material in the same year. the uae’s aluminium exports to south africa nigeria mozambique ghana and angola stood at $38 million in 2012 or 1.5 per cent of their total exports valued at $2.6 billion in the same year.

— businessئkhaleejtimes.com


UAE leads GCC in exports to non-Arab African markets