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How to find Importers in Dubai from India?

Dubai Export Data

Dubai is well-known throughout the world for its opulent lifestyle, simple business registration process, and attractive tax-free zones that draw business enthusiasts. Dubai is one of the world's most thriving business hubs for entrepreneurs! Are you an Indian national seeking a business opportunity in Dubai? If you are familiar with the legal requirements and formalities surrounding the shipment of goods from India to Dubai, it might be a great opportunity. In this blog, we will cover How to find Importers in Dubai from India in brief.

What is the main business of Dubai?

Dubai has a diversified economy with a range of industries contributing to its GDP, but its main business sectors are tourism, real estate, and finance. Tourism is a major source of revenue for Dubai, with the city attracting millions of visitors each year who come to experience its luxury hotels, shopping malls, beaches, and cultural attractions.

In 2017, the tourist industry generated $41 billion in GDP, or 4.6% of the total, and supported 570,000 jobs, or 4.8% of all employment. Between 2007 and 2017, the sector's GDP contribution increased by 138%.

In addition to tourism and real estate, Dubai has also developed a strong finance industry, with the Dubai International Financial Centre (DIFC) serving as a major hub for financial services in the Middle East. The DIFC is home to numerous banks, insurance companies, and investment firms.

Other important industries in Dubai include transportation, logistics, and construction, with the city serving as a major hub for trade and commerce in the region.

Dubai Import Export Statistics-2022-23

Dubai is a major center for import and export due to its strategic location at the crossroads of Asia, Europe, and Africa. The UAE, of which Dubai is a part, has a liberal trade policy and a modern infrastructure that facilitates the movement of goods. As a result, Dubai is a hub for trade in the region.

For the first time ever, the overall value of the UAE's re-exports exceeded AED 600 billion in 2022, reaching AED 614.6 billion with a 14% increase according to Dubai Export Data. The country's top ten re-export markets saw a significant increase in yearly growth as they combined to rise by 13% from 2021 to 2022, while the remaining markets saw an increase of 15%. However, A new record was also reached by the UAE's imports in 2022, which grew by 22% and for the first time beyond AED 1250 billion to reach AED 1252.4 according to Dubai Import Data.

What are the imports and exports of Dubai?

Dubai's import and export industry is a vital part of the country's economy and plays a significant role in global trade. Let’s discuss the import and export of Dubai in detail:

Imports in Dubai

In Dubai, the most common imported goods are machinery, food, chemicals, and transportation supplies. Dubai also imports a variety of core goods from India, including cotton, fabrics, machinery, and instruments, as well as textiles and metals from China. Gold and jewellery are major among the principal imported goods. Germany, Japan, and the United States are further import partners. Other items that are imported into the UAE include electronic devices, precious metals, furniture and fixtures, inorganic chemicals, footwear, minerals, apparel, leather, engines, ceramic products, alcoholic drinks, and dairy products.

Exports in Dubai

A member of the World Trade Organisation, the United Arab Emirates is a significant commercial partner for about 32 nations globally. According to Dubai Import Export Data, KSA, Iraq, India, Oman, Kuwait, China, USA, Hong Kong, and Belgium are among the 10 markets mentioned. The most popular re-exported goods were phones and diamonds, but aviation components, oils, headphones, and auto parts all experienced substantial increases. Dubai also exports metals including copper and aluminum, with Japan, South Korea, Thailand, India, and Iran serving as its top trading partners

Customs Procedures for Import-Export in Dubai

Many business owners start their trading ventures in free trade zones to take advantage of the tax breaks and other benefits. It is advised to be familiar with the relevant laws and to present the proper paperwork to customs in order to lawfully sell items in the UAE or outside of it as an import-export business, such as:

  • Business’s trading license, which was granted by UAE authorities;
  • Origin of the products and their final destination with the appropriate paperwork;
  • Goods' accompanying invoices and delivery orders;
  • Most updated and Authentic Export Import Data
  • Declaration form including information on the import or export of commodities.

List of Important Documents Required- Certificate of Origin

  • Commercial invoice from exporter to importer
  • Airway Bill or ‘Bill of Entry
  • Detailed packing list
  • Sales-Purchase contract and Proforma Invoice
  • Sales purchase contracts between exporters and importers.
  • Other export-related documents
  • Temporary shipment documents
  • Other shipment certificates for certain goods

After licenses and supporting documentation have been approved, exports of goods from India to Dubai can begin. You can also look for professional advice to help you because the process is a little time-consuming. You can connect with Seair Exim Solutions to gain real-time market insights into your doorsteps.

What is the cost of an Export-Import License in Dubai?

The price of an import-export trading license in Dubai will vary according to how many visas you're requesting at the same time as your application. Your license application may cost as low as AED 12,500 if no visas are required, or as much as AED 23,600 for six visa allocations. This sum reflects the cost of your business license and related costs.

Contact Seair Exim Solutions right now for a quote tailored to your import-export data and the related export-import business you need, and we can provide you with exact and accurate import-export data with HS codes, shipping details, etc.

 How to find Importers in Dubai from India?

There are various alternatives to find the exact importers in Dubai from India; you can visit the Seair Exim Solutions platform to obtain the accurate importer's data in Dubai. We provide the authentic and most updated Export Import Data globally; HS Code and you can Search HS Code country-wise also. The process of finding the most relevant importers is quite difficult for traders who are interested in the business of Export Import. If you are having trouble finding importers in Dubai, you can consider our business professionals. We have extensive knowledge of the market and can help you identify potential buyers and establish business relationships in the international market.

For free sample data report and free live demo data search
Contact no.: 9990837766
Email: info@seair.co.in
Website: www.seair.co.in

  • Seair Exim
  • 12-May-2023

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