International business in Dubai: chances and opportunities

International business in Dubai: chances and opportunities

Distribution Dubai

Dubai is a well-known global international trade hub. The world’s biggest brands operate in Dubai and the United Arab Emirates, the country where Dubai is located. With world-class infrastructure and business professionalism, Dubai is a natural destination for the world’s exporters.

What do we know about Dubai customers?

Dubai, like the rest of the UAE has a high living standard and purchase power. UAE’s per capita PPP is US$66,300. 47% of UAE households with incomes exceeding US$100,000 live in Dubai. Since 2013, the areas of communications, healthcare, hotels and restaurants have seen and are expected to see increased demands as per household spending.

What do people import in Dubai?

  • The top imports into Dubai are in the sectors of Precious Stones, Precious Metals, Coins, Machines, Engines, Pumps, and Electronic Equipment.
  • The Fastest and largest growing import sectors include Footwear, Aircraft, ores and minerals, Furniture and Fixtures, Inorganic Chemicals, Clothing, Dairy, Eggs, Honey, Leather, Alcoholic Beverages, and Ceramic products.

What are the major ports of Dubai?

Dubai is a major shipping port in United Arab Emirates.

Given its strategic position in the Arabian Peninsula and the Persian Gulf, the United Arab Emirates has several ports. Other major container terminals are listed below:

  • Abu Dhabi
  • Jebel Ali
  • Sharjah
  • Ajman
  • Rhais Al Khaimah
  • Khor Al Fakkan
  • Fujairah

Dubai World Central International Airport and Dubai International Airport are among UAE’s busiest airport. The others are listed below:

  • Al Ain International Airport
  • Eas Al Khaimah International Airport
  • Abu Dhabi International Airport
  • Sharjah International Airport

What are the customs and tariffs regulations in Dubai?

In general, a 5% import duty is levied on all imports. As part of the Gulf Cooperation Council (GCC), the UAE is influenced by GCC's laws. The GCC has a framework of laws that have a strong bearing on Dubai’s international trade environment, import regulations, and tariffs.

UAE, Dubai’s parent country operates 36 free trade zones. There is no duty on goods being exported into any of the free trade zones. In general, Dubai, UAE has one of the friendliest import regimes in the world with a ‘nuisance free’ policy that export foreign businesses and exporters.

What is the distribution structure in Dubai?

Dubai is known for its excellent air, maritime, and road logistical network. With a network of modern roads and with the presence of the world’s biggest logistics operators, your goods will be handled and distributed by professional logistics organisations.

The wholesale and retail trade is the largest sector in Dubai and UAE’s economy, accounting for about 29.2% of the GDP earnings.

Dubai is an enticing yet fluid global marketplace. Strategic distribution is essential for new entrants to understand this maze of a global market to conduct profitable international trade.

Discuss the best approach during a business orientation visit

Working with us always starts with a business orientation visit. For this two-day visit we arrange meetings with potential clients, end-users or retailers, whatever is relevant for your offering. This will give you a good impression of your chances in the market. With these insights we discuss with you the best strategy to enter the market and propose a way forward. This may also be with online sales or setting up your own sales force.

Our fee this visit is 3,000 USD, you can arrange your own travel and stay. Our partner search fee starts at 8,000 USD, depending on your offering.

 
This entry in Africa & ME was updated on July 30, 2018 by specialist.