Should you export in Dubai? Yes! This is why:
One of the biggest international markets for Indians is the Dubai market. Exporting in Dubai is a great opportunity for countless Indian exporters who are looking to ship their products to make profits from countries. Being located strategically, Dubai also has great connections with India- especially in the field of import-export.
In fact, so many exporters already exist in this market and have built a significantly big business with Indian products. The immense Indian population in Dubai is another factor that adds to the increased demand for Indian products in the nation, and with a long history of trade, Indian exporters are at an advantage with their products.
But you can’t just get up and decide you want to export in Dubai all of a sudden. It requires a significant amount of preparation, knowledge, and training to be able to sell your products in a market. With the Import Export Federation, it becomes much easier to take your products to the markets of Dubai and pitch them directly to the buyers present there.
This is possible through our Dubai Business tour which takes you to the markets and ports of Dubai, and you can interact with the officials and buyers over there. Here are some more amazing benefits that make export in Dubai extremely favorable to Indian exporters.
Why You Should Export in Dubai? 4 Amazing Benefits!
1. Export in Dubai: Great Trading Scope
One of the most advantageous factors of trading in Dubai is its traditional trading culture. Natural resources like spices, minerals, pearls, and copper were traded in the UAE even before oil was. This shows a strong import-export history and presence in the nation. This is incredibly favorable to Indian exporters, as there are umpteen opportunities in already established markets, reducing the risk of export.
Plus, the Dubai market opens up the field to a larger market. Dubai is one of the main trading hubs in the Middle East and a gateway to other countries. You can find importers from countless other countries in this market as well. Its strategic location between Asia and Europe makes it the perfect connecting thread for the re-export of goods to several countries in the nation.
India also has an impending historical and cultural connection with the UAE, making it easier for Indian businesses to set up and establish in Dubai.
2. Export in Dubai: Familiar & Friendly Environment
Dubai has a highly developed market infrastructure, from the closeness of European & Asian markets, great connectivity, proficient airlines, local transport, and an efficient logistics system. Plus Dubai’s pro-business environment provides more incentives and brings in more foreign investment opportunities.
There are tax-free zones, streamlined customs processes, and developed infrastructures in this nation. The environment is also familiar and friendly to Indians with a significant Indian population present in the trading industry.
3. Export in Dubai: Trade Laws & Welfares
With some of the most advantageous laws in Import and Export, the laws in Dubai are made to promote friendly competition. They are also good at saving the rights and best interests of businesses and customers. This builds a dependable foundation for SMEs and other organizations. Further, the tax benefits from Dubai are fairly beneficial, allowing international traders to trade with lesser regulations.
4. Export in Dubai: Ever-Growing Demand
Dubai has a growing economy and a rapidly expanding population, and both of these factors are driving up a good demand for goods and services from India. As Dubai’s economy continues to grow, more and more people are moving to the city, which is also leading to increased demand. This creates opportunities for Indian businesses to tap into this demand through export.
Additionally, Dubai is home to many large companies, many of which are involved in construction and real estate development. These companies require a wide range of goods and services, from raw materials to finished products. This is another market opportunity for the Indian export of such products.
Conclusion
In Dubai, the import of services and goods takes up 68.4% of the GDP. That combined with all the points in this blog makes export in Dubai extremely favorable to Indian exporters, businesspeople, entrepreneurs, farmers, and more. With the Federation, you get to learn and practice 360-Import Export.
With our online & offline courses, you can learn the end-to-end export cycle, and get practical experience with our JNPT visit and Dubai Business Tours. Register and start your Import Export journey today!