Abu Dhabi imports down 24.7pc in Q1, says report
COMMERCIAL NEWS
The Import Unit Value Index of Abu Dhabi decreased by 24.7 per cent from 138.5 per cent in the first quarter of 2019 to 104.3 per cent in the comparable period of 2020, according to the Statistics Centre - Abu Dhabi.
Only food and beverages imports increased from 97.9 per cent in Q1 2019 to 99.9 per cent during the same period this year, SCAD said, while all other imports, including industrial supplies; fuels and lubricants; capital goods; transport equipment, and parts and accessories thereof; as well as consumer goods declined during the reference period.
In the meantime, the figures showed the Export Unit Value Index increased by 5.2 per cent from 76.3 per cent in the fourth quarter of 2019 to 80.2 per cent in the first quarter of 2020, it added.
