ID :
207297
Thu, 09/15/2011 - 11:26
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https://www.oananews.org//node/207297
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Dubai international trade of paper products jump to Dh2.2 billion by 16 percent
Dubai, Sept 15, 2011 (WAM) - Dubai international trade in the field of paper and manufactured paper products grew by 16 percent in the period January- end of May this year as compared to the same period in 2010.
The statistics issued by Dubai Customs revealed that the trade rate amounted to Dh2.2 billion during the first five months of 2011 as opposed to Dh1.9 billion in the same period of last year. This reflects the growth of the sector locally and the increasing reliance on Dubai as a major trade hub for re-exporting markets in the region.
Ahmed Butti Ahmed, Executive Chairman of Ports, Customs and Free Zone Corporation, and Director General of Dubai Customs stressed that the Department is keen on supporting the different business sectors- including the paper products industries sector- through simplifying customs procedures and introducing top quality services which help foster the UAE's presence on the world trade map. Manufactured paper product included in this statistics include wood pulps, corks, cellulose and fibrous materials, and cardboards.
He noted as well that Dubai imports of such products in the first five months of 2011 reached Dh1.4 billion with a growth rate of 20 percent compared to Dh1.2 billion in the same period of 2010. As for the exports of paper products in the abovementioned study, they valued at Dh589 million compared to Dh540 million during the first five months of 2010 with a growth rate of 9 percent. The re-exporting trade of these products was Dh157 million with a growth rate of 11.5 percent of the same period "January- end of May" in 2010 which reached Dh141 million.
The statistics shows that China has topped the exporting countries list of manufactured paper products to Dubai with a value of Dh188.5 million which constitutes 13 percent of Dubai Imports of these products. Indonesia came second on the list with Dh149.5 million (10.5 percent), India came third with a value of Dh118.5 million (8.5 per cent) and then the USA with 7.9 percent, followed by UK with Dh49.3 million at 6.6 percent . These five countries formed a percentage of 46.5 percent of the total Dubai imports of manufactured paper products.
India topped the list of most importing countries of paper products from Dubai with a value of Dh86 and 14.5 percent followed by Iran in the second place with Dh72 million (12 percent ) then Saudi Arabia with a value of Dh63.3 million (10.7 percent ), Pakistan with a value of Dh49 million (8.3 percent ) and finally Belgium in the fifth place with a value of Dh25.5 percent million (4.3 percent ). Paper products exports to these countries had a 50 percent of the total list of Dubai exports of this industry.
Re-exported paper products in the period from January until the end of May, 2011 went most to Iran with a percentage of 17 percent , then came second place Saudi Arabia with 6.5 percent , Iraq with 5.8 percent, India 5.5 percent and Sudan in the fifth place 4.5 percent . The re-exporting portion of the paper products industry to these five countries was 40 percent of the total re-exporting movement for Dubai with the world.
The announcement of these figures coincides with oncoming launch Paper Arabia Exhibition which is hosted by Dubai World Trade Centre in September 18th-20th, 2011. He highlighted Dubai Customs' keenness to cooperate with investors and business communities and help them make reliable decisions based on transparent and precise statistics. Moreover, the respective governmental bodies are provided with such statistics which is considered a strong indicator for the market movement and Dubai's significance in trade regionally and internationally. The related studies show that the paper industry in the UAE's market has reached Dh1.5 billion with 57 percent of the GCC market for this industry which is estimated around Dh2.6 billion. - Emirates News Agency, WAM
The statistics issued by Dubai Customs revealed that the trade rate amounted to Dh2.2 billion during the first five months of 2011 as opposed to Dh1.9 billion in the same period of last year. This reflects the growth of the sector locally and the increasing reliance on Dubai as a major trade hub for re-exporting markets in the region.
Ahmed Butti Ahmed, Executive Chairman of Ports, Customs and Free Zone Corporation, and Director General of Dubai Customs stressed that the Department is keen on supporting the different business sectors- including the paper products industries sector- through simplifying customs procedures and introducing top quality services which help foster the UAE's presence on the world trade map. Manufactured paper product included in this statistics include wood pulps, corks, cellulose and fibrous materials, and cardboards.
He noted as well that Dubai imports of such products in the first five months of 2011 reached Dh1.4 billion with a growth rate of 20 percent compared to Dh1.2 billion in the same period of 2010. As for the exports of paper products in the abovementioned study, they valued at Dh589 million compared to Dh540 million during the first five months of 2010 with a growth rate of 9 percent. The re-exporting trade of these products was Dh157 million with a growth rate of 11.5 percent of the same period "January- end of May" in 2010 which reached Dh141 million.
The statistics shows that China has topped the exporting countries list of manufactured paper products to Dubai with a value of Dh188.5 million which constitutes 13 percent of Dubai Imports of these products. Indonesia came second on the list with Dh149.5 million (10.5 percent), India came third with a value of Dh118.5 million (8.5 per cent) and then the USA with 7.9 percent, followed by UK with Dh49.3 million at 6.6 percent . These five countries formed a percentage of 46.5 percent of the total Dubai imports of manufactured paper products.
India topped the list of most importing countries of paper products from Dubai with a value of Dh86 and 14.5 percent followed by Iran in the second place with Dh72 million (12 percent ) then Saudi Arabia with a value of Dh63.3 million (10.7 percent ), Pakistan with a value of Dh49 million (8.3 percent ) and finally Belgium in the fifth place with a value of Dh25.5 percent million (4.3 percent ). Paper products exports to these countries had a 50 percent of the total list of Dubai exports of this industry.
Re-exported paper products in the period from January until the end of May, 2011 went most to Iran with a percentage of 17 percent , then came second place Saudi Arabia with 6.5 percent , Iraq with 5.8 percent, India 5.5 percent and Sudan in the fifth place 4.5 percent . The re-exporting portion of the paper products industry to these five countries was 40 percent of the total re-exporting movement for Dubai with the world.
The announcement of these figures coincides with oncoming launch Paper Arabia Exhibition which is hosted by Dubai World Trade Centre in September 18th-20th, 2011. He highlighted Dubai Customs' keenness to cooperate with investors and business communities and help them make reliable decisions based on transparent and precise statistics. Moreover, the respective governmental bodies are provided with such statistics which is considered a strong indicator for the market movement and Dubai's significance in trade regionally and internationally. The related studies show that the paper industry in the UAE's market has reached Dh1.5 billion with 57 percent of the GCC market for this industry which is estimated around Dh2.6 billion. - Emirates News Agency, WAM
