Dubai Hits $5.4bln in the Foreign Trade of Beauty Products in 2017

beauty products

Dubai’s aggregate volume of beauty products and perfumes traded reached 733,000 tons.

As indicated by the statistics released by Dubai Customs, in 2017, its foreign trade in perfumes and beauty products was worth Dh20 billion, with imports representing Dh11.5 billion, and exports and re-exports for Dh8.34 billion.

The aggregate volume of trade of perfumes and beauty products achieved 733,000 tons, as indicated by figures given at the progressing Beautyworld Middle East 2018 at the Dubai International Convention and Exhibition Center.

France beat the rundown of Dubai exchange accomplices in perfumes and beauty products in 2017, with Dh2.7 billion, while the USA’s exchange with Dubai was worth Dh1.4 billion, trailed by Italy in the third place with Dh1.1 billion.

Saudi Arabia was the best goal showcase with Dh1.1 billion, trailed by the USA – Dh855 million and Oman – Dh588 million for exports and re-exports.

Ahmed Abdul Salam Kazim, chief of Strategy and Corporate Excellence at Dubai Customs, stated: “We at Dubai Customs take after a straightforward approach when managing organizations, by sharing outside exchange figures and insights, so they can design the span of their speculations ahead and make well-informed choices.”

“Cosmetics and perfumes maybe more than any other extravagance products, have for quite some time been a noteworthy focus for counterfeiting. Because of this and considering the genuine hazard fake toiletries cause to individuals’ well-being, Dubai Customs brings outstanding consideration to bind forgers offering fake fragrances and beautifying agents,” he included.

Ahmed Pauwels, CEO of occasion coordinators Messe Frankfurt Middle East stated, “The measurements issued by Dubai Municipality affirms that Dubai is the focal concentration point for the thriving exchange over the area in beauty products and fragrances. This underlines the significance of stages like Beautyworld Middle East, which unites provincial brokers with leading worldwide excellence and wellness brands and upgrades existing and manufactures new business and trade links.”