Perfumes and cosmetics’ foreign trade in Dubai over 2015 hit AED20.5 bn. France was Dubai’s top trading partner in perfumes and cosmetics’ foreign trade, valued at AED3 bn, followed by the USA with AED1.8 bn, Saudi Arabia with AED1.6 bn and the UK and Italy with AED1.1 bn and AED1 bn, respectively.
These figures were revealed at a workshop facilitated by Nassim Al Maheiri, the Manager of Statistics and Studies at Dubai Customs, at the Beautyworld Middle East; the largest international trade fair for beauty products, hair, fragrances and wellbeing in the Middle East.
Perfumes topped the beauty products traded through Dubai, accounting for AED5.9 bn, while toiletries contributed AED3.2 bn, followed by deodorants at AED1.2 bn and creams at AED1 bn, according to Al Maheiri.
The Director of Strategy and Corporate Excellence at Dubai Customs Ahmed Abdul Salam Kazim said, “We at Dubai Customs follow a transparent approach when dealing with businesses, by sharing foreign trade figures and statistics, so they can plan the size of their investments ahead and make well–informed decisions.”
Perfumes and cosmetics, perhaps more than any other luxury goods, have long been a major target for counterfeiting. Due to this and considering the serious risk counterfeit toiletries pose to people’s health, Dubai Customs takes exceptional care to pin down counterfeiters selling bogus perfumes and cosmetics.
Beautyworld Middle East is the wider region’s premier trade and networking event for beauty, hair, fragrance, machinery, packaging, raw materials, and wellbeing. The 21st edition of the three-day event is taking place from 15 to 17 May 2016 at the Dubai International Convention and Exhibition Centre, featuring more than 1,500 exhibitors from 60 countries.
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