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UAE Total Battery Import Hit $ 838 million
28/05/2017 22:42

UAE Total Battery Import Hit $ 838 million

The UAE's total trade in primary and secondary batteries in 2015 totaled US$1.42 billion, 68.6 percent of which is claimed by direct trade, while the UAE free-zone market accounted for 31.4 percent thereof, according to a recent study by the Ministry of the Economy. WAM reports.

The country's foreign trade in batteries grew by 12.9 percent in 2015 compared to 2014 as a result of a rise of 39.3 percent in entrepot trade, 7.2 percent in exports and 2.3 percent in battery imports.

The battery imports during 2015 hit around $838 million, while the exports were valued at $95 million during the same year, with the free-zone battery export market put at $4 million.

Batteries re-exported in 2015 amounted to $489 million while free zones' re-exported batteries stood at $145.4 million, according to the study.

The country's battery imports of car batteries mainly come from 10 countries, atop of which comes S.Korea, followed by China and then Germany, while the Netherlands then Afghanistan and Iraq are the country's main dry-cell battery importers.

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