Export and import of UAE
Export and import of UAE – In recent years, imports from Dubai have taken on a new color and smell. According to the Economic Complexity Index (ECI), the UAE is also one of the most complex economies in the world. The UAE government has succeeded in attracting a significant number of foreign entrepreneurs based on a very strong economic program. These entrepreneurs are looking for opportunities to develop and expand businesses in the Middle East, including Dubai.
Dubai’s major imports include precious metals, machinery and equipment, consumer goods, foodstuffs, cement, raw materials and other semi-finished products. Dubai exports also include heavy oil and gas products as well as metals. Most of the goods exported from Dubai have already been imported from India or other Asian or African countries, and after entering Dubai, they are reprocessed in the local companies of this city and then the products are exported to the world with higher prices. .
Until a few years ago, oil in the form of various petroleum products accounted for the largest amount of exports in the UAE. According to recent reports, crude and refined oil have reached $ 100 billion a year. Exports of oil-based products also account for more than 60% of the UAE’s total exports. However, Dubai and other cities in the UAE are also successfully exporting gold, aluminum and other metals.
Export and import of UAE
Dubai covers an area of 83,600 square kilometers and is ranked 115th in the world in terms of width.
It has a desert climate and flat land, the eastern part of which is mountainous and colder, and only 0.77% of its soil is arable.
Only 19 percent of the country’s population is of Emirati descent, 23 percent is from other Arab countries and Iranians, and about 50 percent is from South Asia.
The official language of the country is Arabic and English, Persian, Urdu and Hindi are widely used.
The official religion of this country is Islam, which comprises about 96% of the people.
The UAE is one of the gateways to Iran’s foreign trade.
Dubai is located on the north coast of Saudi Arabia. In the 1950s, Dubai was just a small commercial and fishing port. But now the city is full of skyscrapers, ports and beaches that place large businesses alongside tourist attractions. Hindu churches and temples with Dubai mosques have created an eye-catching combination.
Benefits of importing from Dubai
One of the best benefits of importing from Dubai is the profit that is obtained from the clearance of goods from Dubai and the import of goods from Dubai; Reducing the cost of transporting the goods to Iran.
But another factor that encourages traders to buy from Dubai is that the UAE customs do not charge any fees for the clearance of imported goods.
Last year, the country imported 41 billion, most of it from China.
After China, we see the same figure for the UAE, but this does not mean that Iranian traders import UAE products from the UAE, but they first import goods to the country with the aim of circumventing sanctions. They enter the UAE and then use Iran to launch.
Next year, we will see that one of the ways to circumvent the shipment embargo
Emirates and then shipped to the whole world.
Import and export, awesome and scary
Exports and imports are two very attractive, spectacular and at the same time scary categories.
Why attractive? Because money is exchanged in imports and exports, and wherever there is money, there is attraction.
Why scary? Because this route is always faced with special dangers and difficulties.
Anyone who steps in the direction of exporting and importing a product or a commodity should be familiar with the rules and regulations of these two ways, because each of these two ways has its own rules.
Having a customer before exporting and importing
A person imports and exports when he has a customer. Now, if the customer is in the country, the person tries to import the product, and if he is abroad, he tries to take the product out of the country.
In any case, a person should not import or export goods unless he has a customer.
The misconception of some businessmen
Today, the low level of income of people, has made them have more choice in buying products and it is no longer possible to easily sell foreign products.
Understand customer and market needs
In today’s world of economics, every step you take must be calculated and accurate. As an importer, you must first know the needs of the market and the customer and then proceed to import the product.
Another problem for importers and exporters is the branding of the desired products and goods. Some people expect to sell their product before they brand it.
Branding means introducing a person and a product to the market and convincing people to buy imported or exported goods.
The best performance in import and export is different. In importing, you should first identify people’s needs for the product, then branding, and finally importing goods, but in export it is a little different.
In export, the first and most important task of branding and introducing the product to the world market, then attracting customers and finally selling it. We can consider this approach as the best type of export and import.
Export and import rules and tariffs
You need to know the rules for importing and exporting. You should be able to calculate the finished price of the product at the place of receipt. You should be aware of current import and export tariffs.
Both export and import products have separate tariffs. These tariffs are determined according to the country’s need for that product as well as the need of other countries for the desired product.
For example, in the field of handicrafts in the field of export, the country has not set any tariffs because these products are mostly produced by small businesses and a lot of manpower is involved in their production, and also for the cultural dissemination of the country. It is also considered and therefore the customs tariff for these products is zero.
In contrast, the tariff on export products, including coal, has been announced by the cabinet as about 25 percent, the main reason for this is to prevent the sale of raw materials and the expansion of production.
We see this in the import debate. Tariffs on imports vary depending on the country’s need for the product and whether the product can be produced domestically.
It is worth mentioning that these numbers are not always fixed and change according to the developments in the country. Sometimes importing or exporting a particular product will not work.
What are the requirements for exporting goods to Dubai?
Dubai, as a strategic hub in the Middle East, has special trade and customs rules. Therefore, to enter the Dubai market, you need to be fully aware of the rules and conditions of trade in this country. Dubai-based trading companies must comply with all Dubai government laws regarding international trade in order to import and export goods. In addition to the following conditions, it is necessary to trade goods in this country:
These companies must send their importer / exporter code when importing goods to Dubai.
Goods exported to Dubai must be exactly the same as those listed on the import / export license.
Products must reach their destination within 72 hours of shipment or receipt.
Due to the size and complexity of its two ports, Rashid Port and Jabal Ali Port, Dubai has been able to dominate the Middle East commodity and export markets.
Port of Jabal Ali
Jabal Ali Port is located in the Jabal Ali Free Zone, approximately 35 km southwest of Dubai and is a port city. Jabal Ali Port is one of the largest seaports in the Middle East and is the ninth largest and busiest port in the world. Construction of Jabal Ali Port began in 1976 and was officially inaugurated in 1979 by Queen Elizabeth II with extensive completion of operations at Rashid Port. This port has countless berths. In fact, Jabal Ali is a free trade and economic zone and is one of the most important economic zones in the world and the Middle East.
Rashid Port has been opened since 1972. This port has cruise ports known as “Mina Rashed”. It is perhaps no coincidence that Rashid Dam in Dubai is the only known cruise ship terminal in the world. The port annually hosts about 500,000 people at its cruise terminal in Dubai.
Export to Dubai
There are about 170 transportation lines around the port of Jabal Ali Dubai. The city has a modern infrastructure and a global business environment. Because Dubai and the UAE in general are very rich, companies and citizens of this country have high purchasing power. The country has excellent ports and airports that make the export and import of goods from Dubai fast and affordable. Dubai supports foreign manufacturers and traders well. This is in order to attract product imports to Dubai for re-production and re-export. All these features have made this modern Emirati city a suitable place for exporting and importing goods.
One of the main reasons why Dubai’s trade industry has developed so much is the city’s great ability to import and export products. Most import and export activities in Dubai are done through trading companies. Therefore, Iranian merchants can export goods to this country through one of the trading companies based in Dubai or open an independent trading company in this city.
Export and import of UAE
The first step to start any Export and import of UAE is to register at Dubai Customs. This procedure requires obtaining an importer code or issued from a reference. The company must send its registration documents to the customs office in Dubai. By using the import license of commercial companies, it is possible to export products to this country.