Exporting to Dubai
Dubai is the UK’s 12th largest export market and the largest in the Middle East. With bilateral goods and services exporting to Dubai trade worth £10.6 billion.
And if you believe Dubai is all about oil, think again: the UAE has diversified its economy to the point that non-oil industries now account for more than two-thirds (70 percent) of the country’s gross domestic product (GDP).
More than 4,000 British corporations operate out of the UAE, including BP, Shell, Rolls-Royce, BAE Systems, Standard Chartered, HSBC, and RBS, as well as 779 commercial agencies and 4,762 British brands.
Advantages for exporting to Dubai
- The United Arab Emirates is the UK’s largest export market in the area.
- A sizable ex-pat population
- One of the Gulf’s most free trading regimes, bringing investors from all around the area
The UK exported £6.4 billion worth of products to the UAE, with the following five items topping the list:
- Machinery and equipment for producing electricity
- Highway vehicles
- Telecommunications, as well as sound recording and reproduction equipment
- Scientific and professional tools and apparatus
- Industrial materials in general
In Dubai, how would customs affect me?
Customs charges on items imported into the UAE are normally imposed at a rate of 5%, however, alcohol and tobacco are subject to higher rates of duty. Exemptions may be granted for commodities imported for industrial or manufacturing uses, including some agricultural products, printed materials, and medications.
Getting into the Dubai market via exporting
Dubai’s market has grown particularly competitive in several industries as a result of its unfettered trading environment. Businesses looking to expand into Dubai could look for benefits such as higher quality, faster delivery, lower costs, or more inventive designs. Quality and after-sales service are also essential concerns when it comes to driving sales. Regular travels to the nation will almost certainly pay off. However, British companies can still sell direct to local contractors.
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