Eng. Mahmood Al Bastaki Chief Executive Officer, Dubai Trade Sunday 29 th Sept, 2013
South America USD 3.5 Bn North America USD 18.5 Bn Africa USD 20.2 BN Australia USD 3.2 BN Asia USD 156 BN Europe USD 51 BN UAE Trade at the global scene…. *Source National Bureau of statistics UAE
Non Oil Trade between UAE & Ecuador Exports to Ecuador almost tripled within 5 years. *Source National Bureau of statistics UAE
Major Commodities Traded Import 1FOODSTUFFS, BEVERAGES, AND TOBACCO 2WOOD 3LIVE ANIMALS AND THEIR PRODUCTS 4VEGETABLE PRODUCTS
Major Commodities Traded Export 1 BASE METALS. 2 CHEMICAL PRODUCTS. 3 PHOTOGRAPHIC, MEDICAL, MUSICAL INSTRUMENTS & PARTS. 4 PLASTICS & RUBBER
Major Commodities Traded 2011 – Re-Export 1MACHINERY AND PARTS 2TEXTILES AND TEXTILE ARTICLES. 3CHEMICAL PRODUCTS. 4VEHICLES.
Trade routes between Dubai & Ecuador Transit Time by Air: (Example) DXB – MAD – GYE – 22 hours DXB – JFK – GYE – 28 hours Transit Time by Sea: (Example) JEA – HAM – GYE – Approx. 55 days JEA – PUS – GYE – Approx. 60 days JEA – Jebel Ali, UAE; DXB – Dubai, UAE; GYE – Guayaquil, Ecuador; HAM - Hamburg, Germany; PUS – Busan, Korea; MAD – Madrid, Spain; JFK – New York, USA JEA HAM JFK GYE PUS MAD
Use Dubai as the regional trading hub Map of UAE Imports by countries *Source: Doing Business report 2013
Transit time from Dubai by Sea & Air.... Transit Time by Sea: 2 days 4 days 8 days Sea Transit times for major import countries *Source: Sailing schedules from major Shipping lines Transit Time by Air: 2 Hours 5 Hours 8 Hours
Freight Forwarders & Customs Brokers Transport Companies Free Zone Companies Customs Authority Sea Port Operator Shipping Lines & Agents Company Licensing Authorities Exporters & Importers Air Cargo Handlers Financial Institutions Insurance Companies Soft Infrastructure participants Chamber of Commerce Visit Multiple countersLong queues at countersPaper intensive Lack of transparency and standardised procedures Permit Authorities
Dubai Trade Portal Freight Forwarders & Customs Brokers Transport Companies Free Zone Companies Shipping Lines & Agents Exporters & Importers
The premier trade facilitation entity of Dubai that looks at simplification and harmonization of processes involved in the movement of goods DEFINITION Transform the end to end trade supply chain and to establish Dubai as the leading trading & logistics hub of the world. VISION Make trade easier, faster and cost effective for all stakeholders through continued improvement of business process and application of technology. MISSION Dubai Trade Overview
Portal Transactions Over 750 eServices
Registered Companies Licensing Authority No. of Companies DED (Dubai Local)76830 JAFZA7773 DAFZA1645 TECOM1573 DMCC1197 Others2459
Dubai Trade Portal
Dubai Trade Value Added Services Rosoom Electronic Payment Gateway Trade Shield - Marine Cargo Insurance Certified Trade & Logistics Professional Vessel Sailing Schedules Emirates Sky Cargo
Expo 2020 Connecting minds creating the future 25 Million expected visitors 300,000 jobs to be created
Call for Action Shipping lines to explore Ecuador as a potential gateway to the west coast of Latin America. Given the rich variety of perishables exported out of Ecuador, Air carriers to consider establishing direct service between Ecuador & Dubai. Pro Ecuador to facilitate Ecuadorian companies to establish a presence in Dubai. Pro Ecuador to promote Dubai Trade portal services amongst Ecuadorian Exporters/Importers for end to end visibility of cargo