ID :
120536
Thu, 05/06/2010 - 14:11
Auther :
Shortlink :
https://oananews.org//node/120536
The shortlink copeid
UAE world's 2nd biggest re-exporter of cane sugar
Abu Dhabi, May 6, 2010 (WAM)- The UAE is the world's second biggest re-exporter of cane sugar after Uganda, with a total of 15.1 Million Tons per annum, unveiled a recent analytical study by the Ministry of Foreign Affairs.
The UAE, conducted by the Ministry's "Trade Analysis and Information Department", noted that the UAE is ranked amongst the top ten white sugar exporting countries, globally, and came in the fourth place, after Brazil, Thailand and India, with regards to its volume of exports (1.25 million tons) of this commodity.
The study which quoted statistics by United Nations in 2008 also noted that the UAE ranked 7th in unprocessed sugar imports, with a total amount of 1.42 million tons.
The study, which was conducted by Mr. Yousef Diab, an economic researcher at the Ministry, also pointed out that the UAE consumed approximately 165 thousand tons of various types of sugar during 2008, registering a 1.5% increase from 2007.
According to UAE foreign trade data, "sugar and sugar derivative" exports reached 63 countries around the world in the year 2009 with a total value of approximately US$ 472 million and a growth rate of 36.7%, compared with the year 2008.
The volume exported also rose to around 909 thousand tons, a growth rate of 14.7%. The value of the UAE's imports of Sugar and Sugar Derivatives reached approximately US$225 million in 2009, down from 328 million (31.5%) in 2008. The majority of the imports into the UAE of this commodity shifted from India in 2008, to Thailand in 2009, said the study.
The UAE, conducted by the Ministry's "Trade Analysis and Information Department", noted that the UAE is ranked amongst the top ten white sugar exporting countries, globally, and came in the fourth place, after Brazil, Thailand and India, with regards to its volume of exports (1.25 million tons) of this commodity.
The study which quoted statistics by United Nations in 2008 also noted that the UAE ranked 7th in unprocessed sugar imports, with a total amount of 1.42 million tons.
The study, which was conducted by Mr. Yousef Diab, an economic researcher at the Ministry, also pointed out that the UAE consumed approximately 165 thousand tons of various types of sugar during 2008, registering a 1.5% increase from 2007.
According to UAE foreign trade data, "sugar and sugar derivative" exports reached 63 countries around the world in the year 2009 with a total value of approximately US$ 472 million and a growth rate of 36.7%, compared with the year 2008.
The volume exported also rose to around 909 thousand tons, a growth rate of 14.7%. The value of the UAE's imports of Sugar and Sugar Derivatives reached approximately US$225 million in 2009, down from 328 million (31.5%) in 2008. The majority of the imports into the UAE of this commodity shifted from India in 2008, to Thailand in 2009, said the study.
