Dubai’s pandemic recovery has been bolstered by new Dubai Customs figures which reveal the emirate recorded a 32.8% year-on-year rise in general trade volumes in H1.
Released at Automechnika Dubai, the Middle East’s largest international trade show for the automotive aftermarket industry, the Dubai Customs data shows general trade rose from AED 551 billion in H1 2020 to AED 731 billion during the first six months of this year.
According to the Dubai Customs report, the auto parts sector maintained a significant AED 22.3 billion contribution (3.9%) to overall trade volumes in H1 of this year, comprising AED 11.4 billion in sector-specific imports, AED 9.5 billion in exports, and AED 1.4 billion in re-exports.
Dubai’s top five auto parts trade partners in H1 spotlight the emirate’s global approach to post-pandemic trade recovery, with five countries from three continents contributing AED 8.37 billion, or 37.5% of total auto parts trade between January and July.
The top five included Japan at AED 2.85 billion, China at AED 1.53 billion, Saudi Arabia at AED 1.38 billion, the USA at AED 1.34 billion, and Germany at AED 1.27 billion.
“These numbers highlight Dubai’s great strategies in dealing with the global pandemic. The figures clearly show that Dubai has strong year-on-year trade growth indicators and recovery symptoms following the pandemic,” said Fuad Bassam Hussein, Senior Officer, Data Validation and Monitoring Department at Dubai Customs.
The Dubai Customs report was well received at the 18th edition of Automechnika Dubai. Organised by Messe Frankfurt Middle East, the sector’s first face-to-face trade event in the region since 2019 runs at Dubai World Trade Centre (DWTC) until Thursday (December 16).
Mahmut Gazi Bilikozen, Show Director of Automechnika Dubai, believes the assembled force of exhibitors from 47 countries and 12 national pavilions demonstrates the global automotive aftermarket sector’s enduring confidence in Dubai.
“There is tangible celebratory spirit at the show, and energised, competitive intent shared by an international array of local and international companies. The global footprint of exhibitors and visitors underlines the critical role Automechnika Dubai plays in facilitating year-round transactions across Dubai’s worldwide network of auto parts trade partners,” explained Bilikozen.
“The sector’s robust year-on-year growth bodes well. In a region with strong population growth projections and rising disposable wealth, we are confident that strategic government-level drives in manufacturing and industrial expansion will combine with high consumer demand to propel overall sector growth,” added Bilikozen.
Spread across eight DWTC halls, Automechanika Dubai features six sectors: tires & batteries; car wash, care & reconditioning, repair & maintenance; parts & components; electronics &systems as well as accessories & customization.
For the first time, the show will feature a comprehensive awards ceremony recognising excellence in products, services, personnel and training within the regional industry and a Tools & Skills Challenge - an action-packed live stage where workshop specialists can demonstrate their skills in tire changing, tire mounting and smart dent removal.
More information is available at www.automechanikadubai.com
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Background information on Messe Frankfurt
The Messe Frankfurt Group is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. The Group employs approximately 2,300* people at its headquarters in Frankfurt am Main and in 30 subsidiaries around the world. In 2021, the company had to contend with the challenges posed by the pandemic for the second consecutive year. Annual sales will be approximately €140* million after having been as high as €736 million in 2019 before the pandemic. Even in difficult times caused by the coronavirus pandemic, we are globally networked with our industry sectors. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of the Group’s key USPs is its closely knit global sales network, which extends throughout the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are expanding our digital expertise with new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).
For more information, please visit our website at: www.messefrankfurt.com
* Preliminary figures for 2021
About Messe Frankfurt Middle East
Messe Frankfurt Middle East’s portfolio of 16 exhibitions includes Automechanika Dubai, Automechanika Riyadh, Beautyworld Middle East, Beautyworld Saudi Arabia, Hardware + Tools Middle East, Hypermotion Dubai, Intersec, Intersec Saudi Arabia, Gifts & Lifestyle Middle East, Light Middle East, Materials Handling Middle East, Materials Handling Saudi Arabia, Middle East Cleaning Technology Week, Paperworld Middle East, Prolight + Sound Middle East, and SPS Automation Middle East. The subsidiary also organises a series of conferences and seminars including Digital Next, Think Light, and the International Conference on Future Mobility. For more information, please visit our website at www.messefrankfurtme.com