Dubai Customs: Dh4.8 Billion Value of Dubai Trade in Hardware and Tools in 2017

Press release
Published April 1st, 2018 - 09:13 GMT
Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence
Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence

In conjunction with the Hardware and Tools Middle East 2018, the region’s only trade fair dedicated solely to tools, hardware, materials and machinery and organized at DWTC from 2 to 4 April 2018, Dubai Customs issued its recent figures on Dubai’s external trade in hardware and tools in 2007. This trade reached AED 4.8b (imports with AED 3.4b, re-exports with AED 1.36, and exports with AED 30m).

The figures revealed that China and the USA topped the list of Dubai’s partners in hardware and tools trade in 2017 with AED 760m of trade for each of them. In the second place came Italy with AED 467m, Germany with AED 307m, and India with AED 205m.

Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence commented on the latest figures:” Dubai external trade in hardware and tools helps the emirate in developing a number of important economic sectors which supports the national economy. We, at Dubai Customs, provide best services and facilitations to develop this type of trade”.

He added: “We are in close contact with hardware and tools companies to learn about the needs and aspirations. This is important especially with our preparations in the UAE to host the renowned EXPO 2020. Following the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, Dubai Customs is committed to provide the best services and facilitations to legitimate trade in Dubai in realization of ambitious visions and plans like the UAE Centennial 2071”.

Background Information

Dubai Customs

Dubai Customs is one of the leading government departments taking part in enhancing sustainable development and promoting Dubai’s image worldwide, turning it into a principal capital, business and tourism destination, as it facilitates smooth movement of legitimate trade and leverages economic and social development, the matter which is consistent with its slogan stating "gateway to Dubai’s prosperity", because prosperity is usually based on free trade through a safe, fast and practical environment to meet the needs of people and adapt to their requirements. This in addition to DC’s main role to protect society and borders against those who try to smuggle prohibited substances to or through Dubai threatening the community safety and security.

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