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Home BusinessToday

The Fiber of Dubai’s Fabric

Aaron Joshua Sinamban by Aaron Joshua Sinamban
April 26, 2015
in BusinessToday, Markets, Politics & Economics

shutterstock_271648436

The value of the textiles and fabrics trade in Dubai in 2014 was around AED16.4 billion, with AED10.14 billion in imports, AED1.3 billion in exports, and AED4.22 billion in re-exports.

In a statement to WAM, the Director of Strategy and Corporate Excellence Department at Dubai Customs, Ahmed Abdul Salam Kazim, said that the results were issued by the department in conjunction with the International Textile Fair, which opened today at the Dubai World Trade Centre.

Speaking about the role Dubai plays in the industry, he said, “Dubai plays a vital role in linking the textiles and fabrics markets in different regions of the world, especially in Asia, Africa and Europe,” adding that the emirate is a key centre for textile trade in the GCC and other surrounding markets.

Kazim also said that Dubai Customs supports the textiles and fabrics trade by providing great facilities, commercial and customs services to traders in the sector, in addition to speedy customs clearance.

Tags: commercial textile tradeCustomsDubaifabricsmarketstextiles
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