Dubai’s trade has escalated with emerging countries in the Americas, such as Mexico, Brazil, Argentina and Chile, the four countries being toured by Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, 26% from Dhs 13.8 billion in 2012 to Dhs 17.3 billion in 2013, according to Emirates 24/7.
Growth of trade with the four nations reflects UAE's success in keeping pace with the economic progress in South America, Dubai Customs said in a press release.
UAE, in general, and Dubai in particular, have attracted traders and investors from these countries as they could easily reach different markets, thanks to the cutting-edge infrastructure for fright and logistics, including advanced ports, free zones, airports and roads, backed by superior customs services and facilities delivered by Dubai Customs which ensures a real added value for their business transactions.
Latest statistics released by Dubai Customs indicate that Dubai’s trade with the four states, combined, soared 26% from Dhs 13.8 billion in 2012 to Dhs 17.3 billion in 2013.
Dubai-Mexico trade registered a growth of 56% from Dhs 5.2 billion in 2012 to Dhs 8.1 billion in 2013. Imports from Mexico got the bulk of the value with phone devices representing Dhs 3.8 billion, followed by cargo transport vehicles accounting for Dhs 1.7 billion.
Likewise, Dubai’s trade with Chile saw a remarkable increase by 34%, taking it to Dhs 827 million in 2013, compared to Dhs 615 million the year before. Major imports included milk with a share of AED 126 million, timber Dhs 118 million and fruits like apple and pear at AED 92 million.
Dubai-Argentina trade also increased by 7% in 2013 from Dhs 995 million in 2012 to Dhs 1 billion, mainly in grain imports topped by corn at Dhs 231 million and barley at Dhs 126 million.
Growth of trade with the four nations reflects UAE's success in keeping pace with the economic progress in South America, Dubai Customs said in a press release.
UAE, in general, and Dubai in particular, have attracted traders and investors from these countries as they could easily reach different markets, thanks to the cutting-edge infrastructure for fright and logistics, including advanced ports, free zones, airports and roads, backed by superior customs services and facilities delivered by Dubai Customs which ensures a real added value for their business transactions.
Latest statistics released by Dubai Customs indicate that Dubai’s trade with the four states, combined, soared 26% from Dhs 13.8 billion in 2012 to Dhs 17.3 billion in 2013.
Dubai-Mexico trade registered a growth of 56% from Dhs 5.2 billion in 2012 to Dhs 8.1 billion in 2013. Imports from Mexico got the bulk of the value with phone devices representing Dhs 3.8 billion, followed by cargo transport vehicles accounting for Dhs 1.7 billion.
Likewise, Dubai’s trade with Chile saw a remarkable increase by 34%, taking it to Dhs 827 million in 2013, compared to Dhs 615 million the year before. Major imports included milk with a share of AED 126 million, timber Dhs 118 million and fruits like apple and pear at AED 92 million.
Dubai-Argentina trade also increased by 7% in 2013 from Dhs 995 million in 2012 to Dhs 1 billion, mainly in grain imports topped by corn at Dhs 231 million and barley at Dhs 126 million.
Source:
Mubasher
