China’s exports to the UAE rising 10 percent annually
China’s exports to the United Arab Emirates (UAE) last year reached $23.8 billion, of which over three percent was for fabrics and garments. Exports to the Emirates are growing annually at 10 percent.
The Dubai China Center For Promotion and Organizing International Trade (DCPO), is bringing more than 16 companies to this year’s autumn edition of Motexha, the Middle East’s trade show for the international fashion industry.
“We have increased the size of our pavilion by 21 percent to 120 square metres. Some exhibitors are making their Middle East debut at the show. Chinese exports to this region are flourishing,” said Santos Shen, DCPO executive manager.
Last year’s Motexha post-show visitor survey revealed 87 percent of the turnout had substantial purchasing authority of which 31 percent had buying power of over $100,000. Annual Middle East demand for textiles and textile products is in excess of $11.4 billion, which is the highest per capita demand in the world.
The UAE alone has some 31,000 companies involved in textile trading and allied activities, said Sally Hodgkinson, Motexha project director at IIR Exhibitions & Conferences, organizers of the show.
To date, more than 100 companies from 19 countries have contracted for Motexha Autumn 2002, which will be held at the Dubai International Exhibition Centre from September 23 – 26. Other official pavilions at the exhibition include Cyprus, the UK, Canada, Italy, Hong Kong, Turkey, Brazil and Spain. — (menareport.com)
© 2002 Mena Report (www.menareport.com)