Facilitation for the food trade will reduce the time required for customs clearance, ensuring food consignments reach markets in the least possible time.
Dubai Customs has announced its support for measures taken by the government to ensure that the prices of food remain stable in the country during the holy month of Ramadan.
To that end, the Customs will facilitate the smooth and timely flow of food commodities to local markets, in quantities that meet the increased demand.
Dubai Customs said in a media release that its facilitation for the food trade will reduce the time required for customs clearance, ensuring food consignments reach markets in the least possible time. “Customs centres in Dubai enhanced their operations to make sure importers receive food materials on time to meet market demands and thus avoid price hikes. Most food consignments are immediately cleared,” it added.
The Customs ensures the fast flow of food imports to meet the needs of consumers, particularly during the peak consumption season in Ramadan.
Dubai’s foodstuff foreign trade has recorded a clear rise in the first quarter of 2014, as per the most recent figures released by Dubai Customs, amounting to Dh21.5 billion compared to Dh18.3 billion in Q1 2013 with a growth rate of 17 per cent. Imports went up to Dh14 billion, exports to Dh3.4 billion and re-exports to Dh4.2 billion.
This growth reflects the capacity of the local market to accommodate the high volume of foodstuff and the increase in demand due to the economic and population growth.