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28 March 2024

Dubai's trade with EU steady in first half of this year

Picture for illustrative purpose only.

Published
By Wam

The volume of Dubai's trade with the European Union countries amounted to Dh77.2 billion during the first six months of 2012 compared with Dh77 billion registered during the same period last year, according to Dubai Customs' latest statistical report on foreign trade.

The value of Dubai's imports from the EU countries reached Dh61.2 billion during the January-June period this year, totalling nearly the same value registered during the first six months of last year, while its exports to the 27-member state union reached Dh3.7 billion during the first six months of 2012 compared with the Dh3.2 billion recorded during the same period in 2011.

The value of re-exports to the EU states stood at Dh12.3billion during the first six months of this year compared with the Dh11.3 billion during the same period last year, the report said.

Dubai's trade with EU states, especially with the eastern Europe countries, continued to achieve record growth rates such as with Estonia, Bulgaria, Lithuania, Slovakia and Poland in which it saw a significant increase of 369 per cent, 332, 225, 77 and 35 per cent respectively.

Dubai's main imports from the eastern European countries were furniture, petroleum oils, tobacco, telecommunication machinery and instruments, sun flower seeds and wires, while its major exports to these countries were polyethylene, cigarettes, raw aluminum, plastics, printing films, glassware, acoustic devices, ceramics and washing and bath basins.

Dubai's major re-exported items to the eastern Europe states were auto spare parts  and accessories, engineering materials used in planning, telecommunication instruments  and machines, automobiles and vehicles.