Dubai Customs organized a workshop on Dubai external trade in perfumes and cosmetics in 2016. The workshop targeted the local, regional and international companies that took part in the Beautyworld Middle East Exhibition held on 15 and 16 May at the Dubai International Convention & Exhibition Centre (DICEC).
Dubai external trade in perfumes and cosmetics in 2016 reached around AED 21 billion. In volume it totalled around 755,000 tons, which means a 17% growth compared to 2012.
Dubai perfumes and cosmetics trade in the first quarter of 2017 stood at AED 5 billion: AED 3 billion of imports, and AED 2 billion in exports and re-exports. The volume in the same period reached 202,000 tons; 97,000 tons in imports and 105,000 tons in exports and re-exports, according to figures released by Dubai Customs at Beautyworld Middle East.
Commenting on the exhibition, Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence said: “We, at Dubai Customs, support international exhibitions held in Dubai by briefing participating companies on the latest statistics and data of Dubai external trade in their relevant sectors. They can learn about the opportunities available for them and the benefits that Dubai Customs provides to facilitate trade and investment.”
Kazim pointed out that external trade sector is gaining more importance in the UAE as a way of diversifying the national economy following the wise vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai about the post oil phase.
“Dubai Customs is committed to the growth of Dubai’s exhibition industry, an important engine driving the emirate’s trade sector and economy at large. We unwaveringly support all trade exhibitions and shows taking place in Dubai by providing traders and exhibitors with best-in-class smart customs services and clearance facilities to get their goods in as quickly and cost-efficiently as possible,” said Kazim.
France was Dubai’s top trading partner in perfumes and cosmetics in 2016, with a trade value worth AED 3 billion, followed by the USA with AED 2 billion, Saudi Arabia with AED 1.4 billion, then Italy and the UK with AED 1.2 billion and AED 1 billion, respectively.
These figures were presented by Nassim Al Maheiri, head of Statistics and Studies at Dubai Customs’ Strategy and Corporate Excellence, during a workshop at the Beautyworld Middle East; the largest international trade fair for beauty products, hair, fragrances and wellbeing in the Middle East.
Perfumes topped the beauty products traded through Dubai in 2016, with a trade value worth AED6.2 billion, while lotions contributed AED4.3 billion, followed by lip and eye cosmetics at AED1.4 billion, deodorants at AED1 billion and shampoo at AED733 million, according to Al Maheiri.
Perfumes, cosmetics and toiletries have long been a major target for counterfeiting, globally. But Dubai Customs is fully aware of this trend and is always vigilant to deter any attempts at smuggling fake items of known brands in this sector. Dubai Customs, in collaboration with cosmetic and perfume trademark owners, also takes exceptional care to raise public and traders’ awareness of the dangers of selling and consuming counterfeit products on people’s health and the economy.