Port & Freezone
existing companies in
the freezone to support
business and attract
more companies wanting
to explore the markets
of the region were also
playing a major role.
He added: “Jebel Ali Port
plays a pivotal role in
enabling
international
trade
so
companies
operating in Jafza can
import and re-export their
goods and products to the
various countries of the
region. Dubai Logistics
Corridor, which connects
Jebel Ali Port and Al
Maktoum International
Airport in one customs
zone, reducing the time
taken for the movement
of goods between sea and
air transport modes and
making the area the main
transit gateway in the
Middle East.”
Business Partners
Meanwhile, China has
maintained its position
as Jafza’s largest trading
partner with $11.3 billion
worth of trade during the
18
August 2017
year with many Chinese
companies
in
Dubai
using logistics capability
to re-export goods and
products. Saudi Arabia is
the second largest Jafza
trading partner with $7
billion, while Vietnam
was third with $4.3 billion
through the import of
electronics and electrical
appliances, followed by
the United States with
a trade volume of $ 3.7
billion.
Business sectors
Machinery, electronics
and electrical goods
accounted for 49% of
Jafza’s total trade with
Jebel Ali Port’s ability to
handle heavy equipment
playing a key role, coupled
with high consumer
demand in the sector.
Petrochemicals, oil and
gas sector had 16% of
total trade, followed by
food and FMCG (8%),
textiles and garments
(7%), automotive and
spare parts (6%).
Trade with Regions
Trade with the Asia
Pacific region came to
$32.4 billion, followed by
the Middle East at $27.2
billion, the European
continent ($9.9 billion),
the Americas ($5.5 billion)
and Africa ($5 billion).
DAFZA issues
guide on ‘Dubai:
The Global
Gateway to
Halal Industries’
The
Dubai
Airport
Freezone
Authority
(DAFZA) recently issued
a comprehensive halal
industries
guide
as
part of its initiatives to
contribute to Dubai’s
vision of becoming the
capital of the Islamic
economy
for
2017-
2021. The first-of-its-
kind guide titled ‘Dubai:
The Global Gateway
to
Halal
Industries’
describes Halal products