Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai auto parts trade up 8% in 2013  Join our daily free Newsletter

MENAFN - Khaleej Times - 03/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Dubai?s auto parts trade has grown eight per cent hitting dh40 billion in 2013 compared to dh37 billion in the previous year dubai customs has revealed.

ahmed abdul salam kazim director of strategy and corporate excellence at dubai customs on monday said the leap includes a jump of four per cent in imports which amounted to dh23 billion. “exports and re-exports have also boosted by 13 per cent to dh17 billion” he added.

the statistics released in parallel with automechanika dubai 2014 which starts today and will run until thursday showed that dubai plays a pivotal role in the automotive spare parts trade.

“dubai acts as an effective liaison between asian and european manufacturing countries and the consuming markets in the region” kazim said.

he added that four major dubai trading partners claimed 61 per cent of total imports with dh14 billion worth of products. “japan was the top destination from which dubai’s car parts originated claiming dh5.7 billion of the market.” south korea followed with dh3.2 billion worth of imports.

“china was the third most-important import source valued at dh2.8 billion while germany was fourth with dh2.3 billion.”

surrounding countries top the list of major export and re-export partners with saudi arabia securing the largest share with dh2.14 billion. “iraq was second with dh1.1 billion followed by afghanistan with dh836 million and oman came fourth with dh560 million.”

kazim said these nations represented together 27 per cent of the export and re-export market with a total share of dh4.6 billion.

“dubai customs has further enhanced the automotive spare parts trade through an array of first-rate customs facilitations and services provided to traders in this sector enabling them to cater to market needs without delay thanks to streamlined and speedy clearance procedures.”

he said dubai customs is committed to achieving the highest levels of cooperation and coordination with public and private sector stakeholders in a bid to take the efficiency of delivered services to the next level.

“ahead of expo 2020 such service improvements will be decisive in better positioning dubai on the ever-changing global trade landscape.”

— ahmedshaaban?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Nov 27 2014 - Lebanon mourns 'songbird' SabahArab News
(MENAFN - Arab News) BEIRUT: Iconic Lebanese singer and actress Sabah died Wednesday at the age of 87 after a seven-decade career and a colorful love life that kept her in the headlines until the ...

 Nov 27 2014 - Egypt drops ban on 'adults only' filmArab News
(MENAFN - Arab News) CAIRO: An Egyptian court has revoked a government ban on a film by Lebanese star Haifa Wehbe that had been deemed sexually provocative judicial sources said on Wednesday.In April ...

 Nov 27 2014 - Saudi- Prince vanishes from social mediaArab News
(MENAFN - Arab News) NEW YORK: Prince whose distaste for the music industry's conventions is well known has abruptly disappeared from social media after tentative efforts to promote his two new ...

 Nov 27 2014 - Saudi- Cumberbatch quits smokingArab News
(MENAFN - Arab News) LONDON: 'Sherlock' star Benedict Cumberbatch has revealed he left smoking one month back.The 38-year-old actor said staying away from cigarette is helping him stay healthy ...

 Nov 27 2014 - Saudi- Dilip Kumar perfectly fine: Big BArab News
(MENAFN - Arab News) MUMBAI: Thespian Dilip Kumar is 'perfectly fine' says actor Amitabh Bachchan quashing rumors of the former's health scare.Social networking platforms were abuzz with rumors ...

 Nov 27 2014 - Saudi- Turki Khan: Changing society one step at a timeArab News
(MENAFN - Arab News) Dreams ambitions and determination have no limits dedication to those three traits can take that dreamer ambition-seeker and determined young man or woman to places he or she ...

 Nov 27 2014 - Saudi- Exploring fine art through pencilArab News
(MENAFN - Arab News) Eman Al-Qahtani is a successful talented and ambitious young Saudi artist. She combines thoughts and colors in her paintings. She has her own art method; a painting is to deliver ...

 Nov 27 2014 - Saudi- Qatar lifts 22nd Arabian Gulf CupArab News
(MENAFN - Arab News) Qatar rallied to get the better of Saudi Arabia 2-1 to win the 22nd Arabia Gulf Cup football tournament at the King Fahd International stadium in Riyadh Wednesday night.Playing ...

 Nov 27 2014 - Saudi- Al Kabeer climbs to No. 2 after honors sweep in Globe CupArab News
(MENAFN - Arab News) One mighty performance that saw Al Kabeer Frozen Foods sweep honors had the defending champion moving up the leaderboard after the eighth week in the Thursday League 12th ...

 Nov 27 2014 - Al-Taib wins Fastest Car Race 2014 in RiyadhArab News
(MENAFN - Arab News) Ahmed Al-Taib a Saudi topped the Fastest Car Race 2014 which was organized at Dirab Park racetrack in Riyadh. Al-Taib won the race in a Porsche 911 Turbo which is characterized ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help