Dubai international trade of paper products up 16%
DUBAI — The Dubai international trade of paper products has seen a significant growth of 16 per cent in the first five months of 2011 as compared to the same period in 2010.
The official statistics released show that the paper trade hit Dh2.2 billion over the period from January1 to May31 this year as opposed to Dh1.9 billion over the same months last year.
“This reflects an outstanding growth of the sector here and increasing reliance on Dubai as a major trade hub for re-exporting markets in the region,” said Ahmed Butti, Executive Chairman of Ports, Customs and Free Zone Corporation. Dubai Customs spares no effort in supporting all business sectors by simplifying procedures and introducing top quality services which foster the UAE presence on the world trade map.
Illustrating, Butti – who is also Dubai Customs Director General, said the manufactured paper products mentioned span wood pulps, corks, cellulose and fibrous materials, and cardboards. “Dubai imports of paper products Jan – May, 2011 stood at Dh1.4 billion, representing a growth of 20 per cent compared to Dh1.2 billion in the same last year.”
A growth of 9 per cent has also been registered in paper exports hitting Dh589million against Dh540 million in 2010. “The re-exporting paper trade reached Dh157 million in 2011compared to Dh141 million in 2010, and that represents an 11.5 per cent growth in the first five months this year.”
Meanwhile, statistics show that China has topped the countries exporting manufactured paper products to Dubai with a total value of Dh188.5 million, representing 13 per cent of Dubai Imports of these products. While Indonesia came second with a Dh149.5 million batch, representing 10.5 per cent, India ranked third with Dh118.5 million in value and 8.5 per cent share. With 7.9 per cent, the USA came forth, followed by UK with Dh49.3 million at 6.6 per cent. “These five countries seized 46.5 per cent of Dubai total imports from manufactured paper products.”
India topped the list of the countries most importing to paper
products from Dubai with a value of Dh86 and 14.5 per cent followed by Iran with Dh72 million or 12 per cent, then Saudi Arabia with a value of Dh63.3 million or 10.7 per cent, Pakistan with a value of Dh49 million or 8.3 per cent and finally Belgium in the fifth place with a value of Dh25.5 per cent million or 4.3 per cent.
“Paper products exports to these five countries scored 50 per cent of the total list of Dubai paper exports,” he said.
The re-exported paper products in the period from January until the end of May, 2011 went most to Iran with a percentage of 17 per cent. Saudi Arabia came second with 6.5 per cent, followed by Iraq with 5.8 per cent, India 5.5 per cent and Sudan in the fifth position with 4.5 per cent.
“The re-exporting portion of the paper products industry to these five countries was 40 per cent of the total paper trade between Dubai and the world,” Butti said, noting that the Paper Arabia Exhibition will be held at the Dubai World Trade Center on September 18-20, 2011.
Related studies show that the paper industry in the UAE’s market hit Dh1.5 billion which represents 57 per cent of the GCC market of this industry which is estimated at around Dh2.6 billion. —firstname.lastname@example.org
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