UAE’s exports of crude metal and alloys to US down 75% YoY in February
The United Arab Emirates, one of the top aluminium exporters to the US, accounted for 4% of all aluminium imports by the US in February 2020.The UAE’s exports of crude metals and alloys to the US came in at 10,100 tonnes in February 2020, a decrease of 74.88% year-on-year. The UAE had exported 40,200 tonnes to the US in February 2019, according to the latest Mineral Industry Survey report from the US Geological Survey.
On a month on month comparison, exports dropped by 67.42% from 31,000 tonnes. In the first two months of 2020, exports stood at 25,000 tonnes as compared to 91,600 tonnes in the first two months of 2019. This marked a decrease of 72.71% year-on-year.
On the import side, the UAE imported 1,350 tonnes of aluminium (crude metal and alloys, aluminium semi-finished products and scrap) from the US in January-February 2020 as compared to 323 tonnes in January-February 2019. Imports of crude metals and alloys, semi-finished, and scrap stood at 4 tonnes, 70 tonnes, and 1,280 tonnes, respectively.
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