Recent statistics confirmed that the volume of Dubai’s trade in cars will reach more than 368,000 by the end of current year. The total value of the emirate’s car imports in the current year has been more than Dh15.8 billion, registering a growth rate of 63 per cent compared with last year. Director of the Statistics Department at the Seaports and Customs in Dubai, Adil Al Ashram, said the car imports are set to grow according to initial statistics.
Dubai’s trade volume in cars reached 230,000 last year, at total value of more than Dh9.5 billion. Of which 73,000 cars were re-exported, amounting to 31 per cent, at a total value of more than Dh2 billion. The figures were 27 per cent higher than 2003, which recorded about 211,000 cars at value of Dh7.4 billion. Iraq topped the list of re-export destinations from Dubai, importing more than 30,000 cars, which represented 16 per cent of the total re-exports, and more than Dh322 million, followed by China, which imported 1,540 cars.
