Dubai succeeded in attracting auto spare
parts trade to become a regional and international hub for such trade by virtue
of the major facilitations delivered to dealers and investors at all Dubai`s
customs ports together with the logistic services that support auto spare parts
at storage and transport operations level.
The statistics produced by Dubai Customs in
conjunction with Automechanika Exhibition being hosted by Dubai from 11 to 13
June , showed that Dubai’s auto spare parts foreign trade worth AED 37 bn in
2012 with an increase of AED 8 bn as compared to AED 29 bn in 2009.
The auto spare parts continued to rise
reaching AED 32 bn in 2010 and AED 36 bn in 2011.
The export and re-export activities take up
the major share of Dubai`s auto spare parts and accessories in foreign trade.
The re-exportations to foreign markets from
a total of imports worth AED 22 bn in 2012, were in the value of AED 15 bn
representing about 68% of the total imports.
Japan is deemed to be Dubai`s top trade
partner in respect to auto spare parts and accessories claiming 28% of
imports market share with a value of AED 6.1 bn, followed by China with a share
of 13% equivalent to AED 2.8 bn, then South Korea having a share of 11%
in the value of AED 2.3 bn.
These make the share of the three major
Dubai`s partners reaching 51% of the total imports.
At the export and re-export level, Saudi
Arabia topped the list with a share amounting to 11% equivalent to AED 1.6 bn,
followed by Afghanistan in the second place with a share of 5% worth AED 800
million, then Sultanate of Oman having a share of 4% representing a value of
AED 700 million.
These make the share of Dubai`s export and
re-export three major partners accounting for 20%.
The statistics show that Dubai plays a key
role in linking between countries of exportation and importation of auto spare
parts and accessories together with the significance of UAE markets for auto
spare parts, which import the greater percentage of their imports via Dubai.
Dubai succeeded in developing such trade
through the advanced infrastructure and delivery of all facilitations as to
make it successful.
Free Zones and Industrial Areas within
Dubai play a key role in the growth of auto spare parts and accessories through
providing world-class store and logistic services in which Dubai stands alone
to provide them at the regional level..