Dubai textiles & fabrics trade valued at Dh16 bln

(Dubai) – The value of the textiles and fabrics trade in Dubai in 2014 was around Dh16.4 billion, with Dh10.14 billion in imports, Dh1.3 billion in exports, and Dh4.22 billion in re-exports.
In a statement, the Director of Strategy and Corporate Excellence Department at Dubai Customs, Ahmed Abdul Salam Kazim, said that the results were issued by the department in conjunction with the International Textile Fair, which opened at the Dubai World Trade Centre.
Speaking about the role Dubai plays in the industry, he said, “Dubai plays a vital role in linking the textiles and fabrics markets in different regions of the world, especially in Asia, Africa and Europe,” adding that the emirate is a key centre for textile trade in the GCC and other surrounding markets.
(Courtesy WAM)