The total value of mutual non-oil trade between Dubai and Benin reached Dh1.5 billion ($408 million) in 2018, said Ahmed Mahboob Musabih, director general of Dubai Customs.
“Imports had the lion’s share with Dh925 million, followed by re-exports with Dh501 million and exports with Dh77 million, he added.
Musabih’s comments came about during a meeting with Adamu Aba Bajnan, Consul General of Benin in Dubai. The two discussed means of boosting cooperation between Benin and Dubai especially in bilateral trade and customs.
“It’s very important for us to boost ties of partnership with Beninese diplomatic missions and businesses. We have priorities which include delivering a leading customs expertise to the world” said Musabih.
In the first half of 2019, mutual trade made Dh1.12 billion. Imports accounted for Dh756 billion, imports hit Dh756 million, exports generated Dh49 million and re-exports yielded Dh311 million.
Gold, petroleum oils, vehicles, tobacco products, perfumes and nuts topped the list of commodities between the two sides.
Musabih pointed out Africa is a wide trade gate to the world, and Dubai Customs always scouts around to learn more about needs and expectations of Beninese, and other African, businesses.
“With more knowledge we deliver more support and facilitating trade with the African nations can lead to more trade growth. Hosting Expo 2020 is a golden opportunity for all parties to connect and interact more effectively. African exhibitors will touch upon the numerous facilities and services offered by Dubai Customs in support of regional and global trade which will be further enhanced by the launch of the Dubai Silk Road” Musabih added.
On his part, Adamu Aba Bajnan applauded Dubai Customs’ efforts in supporting the national economy and developing trade stating that Dubai is a world class trade and tourism hub and a central link between the east and west. – TradeArabia News Service
Dubai-Benin non-oil trade hits $408m in 2018
