Dubai PR Network, Online Press Release from Dubai and Middle East
 
Beauty, Cosmetics & Perfume(Lifestyle)
Filter PR by
  
Dubai foreign trade in fragrances and beauty products worth AED 20b in 2017
 

Dubai, United Arab Emirates, May 10, 2018:  Dubai's foreign trade in perfumes and beauty products in 2017 was worth AED 20 billion, with imports accounting for AED11.5 billion, and exports and re-exports for AED 8.34 billion.

The total volume of perfumes and beauty products traded reached 733,000 tons.

This was according to statistics released by Dubai Customs at the Beautyworld Middle East 2018, which is ongoing at the Dubai International Convention and Exhibition Centre. 

France topped the list of Dubai trade partners in perfumes and beauty products in 2017,with AED 2.7 billion, while the USA’s trade with Dubai was worth AED1.4 billion, followed by Italy in the third place with AED 1.1 billion.

As for exports and re-exports Saudi Arabia was the top destination market with AED 1.1 billion, followed by the USA - AED 855 million and Oman - AED 588 million. 

Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence at Dubai Customs, said: 'We at Dubai Customs follow a transparent approach when dealing with businesses, by sharing foreign trade figures and statistics, so they can plan the size of their investments ahead and make well-informed decisions.'

'Perfumes and cosmetics, perhaps more than any other luxury goods, have long been a major target for counterfeiting.

Due to this and considering the serious risk counterfeit toiletries pose to people's health, Dubai Customs takes exceptional care to pin down counterfeiters selling bogus perfumes and cosmetics, he added. 

Ahmed Pauwels, CEO of Messe Frankfurt Middle East said: 'The statistics issued by Dubai Customs confirms that Dubai is the central focus point for the flourishing trade across the region in beauty products and fragrances.

This underlines the importance of platforms like Beautyworld Middle East, which brings regional traders together with leading global beauty and wellness brands and helps to enhance existing and forge new business and trade links,'

Beautyworld Middle East 2018, which has set new records in both participation and coverage, will conclude on May 10, after three hectic days of networking and forging fresh business links and striking up new partnerships.


Posted by : Dubai PR Network Editorial Team
Viewed 13390 times
PR Category : Lifestyle
Posted on : Thursday, May 10, 2018  2:29:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Leading Professional Beauty Distributor Nazih Cosmetics Cele...
Next Story : Emma Stone 2018 Met Gala Heavenly Bodies: Fashion and the Ca...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA [17318-Views]
Cerruti 1881 MOLVENO timepiece and cufflinks [13200-Views]
Nazih Introduces New Dr. Renaud Skincare Range [8516-Views]
Five Awesome Reasons to Visit LEGOLAND® Dubai During the Eid Al Adha Holiday [8497-Views]
Back-to-School Shopping Made Easy with SOUQ.com [8369-Views]
Business Wear by Hugo Boss [7430-Views]
Head to Modhesh World for Summer Fun Before the School Run [7338-Views]
The new Rado HyperChrome Chronograph in bronze and high-tech ceramic [7320-Views]
Spectacular live entertainment for the entire family at Majid Al Futtaim malls in the UAE ... [6966-Views]
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital [6814-Views]
Eid Gift Guide 2018 [6740-Views]
Eberhard & Co. immortalizes a legend [6338-Views]
Trend Alert! Clueless About Plaid? kate spade Found Fresh Ways to Showcase the Gorgeous Pr... [6143-Views]
New Addition to the HUAWEI Nova 3 Series: On-trend and fashionable HUAWEI nova 3i now on s... [5862-Views]
The Marriott International cyclist team completes 600km R2A cycle challenge [5838-Views]
The Moon Collection From Lacoste [5661-Views]
OMEGA Showcases its Passion for Golf at the 2018 PGA Championship [5520-Views]
American Eagle Takes It to the Ne(X)t Level With Fall Jeans Campaign [5307-Views]
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this September [5283-Views]
XTouch Announces the Launch of the Robot Family Range of Rugged Mobile Phones [4862-Views]
Why Are Chipmakers Making Smaller and Smaller Processors? [4764-Views]
Samsung Launches the Galaxy Note9 in the UAE [4581-Views]
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp [4575-Views]
Aperitivo di Ferragosto [4459-Views]
Let your kids enjoy some dancing at James & Alex Dance Studios [4410-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories