UAE vehicle trade hits $18.7bn in 9 months

DUBAI: The UAE’s automotive trade amounted to AED 68.8 billion ($18.7bn) from January to September of 2020, official government data has shown.

Car and tractor re-exports reached AED 25.6 billion in the same period, while exports stood at AED 1.26 billion, according to figures from the Federal Competitiveness Statistics Centre.

Automobile imports hit AED 42 billion, which was attributed to household spending, according to the report.