Business | General

Electronics trades up at Dh51b in Q1 2012

Dubai foreign trade of electronics and their accessories grew by 8%

  • By Zaher Bitar, Senior Reporter
  • Published: 17:17 October 10, 2012
  • Gulf News

  • Image Credit: Pankaj Sharma/Gulf News
  • Visitors at the Gitex Shopper being held at Dubai World Trade Centre Exhibition hall.

Dubai: Thetrade in electronics and their accessories grew by eight per cent during the first quarter of 2012 reaching Dh51 billion compared to Dh47 billion in the same period of 2011, the Dubai Customs announced on Wednesday.

According to the data produced by the Statistics Section at the Strategy and Corporate Excellence Department of the Dubai Customs, the electronics imports during the first quarter of 2012 reached Dh28 billion against Dh27 billion in the first quarter of 2011.

The export and re-export of electronics during the first quarter of 2012 accounted by Dh23 billion, compared with Dh20 billion in the same period of 2011.

Ahmad Butti Ahmad, the Executive Chairman of Ports, Customs and Free Zone and Director General of Dubai Customs, said: “Dubai foreign trade of electronics and their accessories reached Dh192 billion in 2011 compared with Dh155 billion in 2010 with an increase of 24 per cent.”

“Increasing demand for new high technology products and changing lifestyles tilting towards greater dependence on modern technology are the real stimulants that will keep the cogwheel of the electronics market moving,” he added.

Top products

Telephones are among the UAE’s top electronics products representing 37 per cent of the imports, followed by portable digital automatic data processing machines, colour terminals for receiving satellite broadcasts, storage units and digital video and cameras.

 

The portable digital automatic data processing are among the most popular machines in terms of exports, representing 34 per cent overall, followed by telephones for cellular networks and wireless networks, ignition wiring sets used in vehicles, aircraft and ships, semiconductor media and electrical cables.

Moreover, telephone devices also represent 47 per cent of electronics re-exports followed by portable digital automatic data processing machines, colour terminals for receiving satellite broadcast, parts and accessories and storage units.

The following countries supply more than 67 per cent of Dubai’s imports of consumer electronics during the first quarter of 2012: China by 45 per cent at Dh13 billion, Malaysia by seven per cent, followed by Vietnam, Hungary and South Korea.

Gulf News
Quick Access

  1. Markets

  2. Economy

  3. Property

  4. Aviation

Business Top Stories

  1. ‘Sadvertising’: Why social good marketing works

  2. Which computer is best for your business?

  3. Pressure mounts on employers to pay interns

  4. Women business owners face gender gap — report

  5. Charter flights a key driver