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Dubai tools, equipment 2016 trade worth AED 5bn

Dubai tools, equipment 2016 trade worth AED 5bn
(Photo Credit: Dubai Customs' statement)

Dubai – Mubasher: The value of Dubai’s trade of tools and equipment in 2016 amounted to AED 5.07 billion, according to statistics released by Dubai Customs.

Imported tools and equipment were valued at AED 3.6 billion in 2016, while exports and re-exports to neighbouring countries reached AED 1.467 billion, the statistics added.

The top five countries involved in tools and equipment trade with Dubai in 2016 were the US, China, Italy, Germany, and India, the statistics noted.

On Monday, the 18th round of Hardware+Tools Middle East 2017 kicked off in Dubai.