The United Arab Emirates is one of India’s top trading partners, and Dubai is the busiest hub for trade between the two countries. This blog post will look at the top popular goods to export from India to Dubai.
DFreight is a leading freight forwarder that provides India to Dubai cargo services. We offer a complete range of logistics services to ensure your shipment arrives safely and on time. Get a free quote and let our experts inform you about the shipping process and other details.
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India-Dubai Trade and Commerce Relations
India and Dubai share a deep-rooted trade and commerce relationship that dates back centuries. The trade between the two regions flourished because of the strategic location of Dubai, which served as a gateway between the East and the West. The city was also a hub for the trade of spices, textiles, and other valuable commodities.
The trade relationship between India and Dubai was further strengthened by the establishment of the Dubai Chamber of Commerce and Industry in 1965. The Chamber plays a crucial role in promoting and supporting the business community in Dubai. It also fosters closer economic ties between Dubai and other countries, including India.
In recent years, the trade between India and Dubai has grown significantly. This is due to the growing economic ties between the two countries and the increasing number of Indian businesses setting up operations in Dubai. The UAE is now India’s third-largest trading partner.
The growth of trade between India and Dubai has been driven by several factors, including the UAE’s decision to grant Indian businesses preferential treatment, the signing of a Free Trade Agreement between the two countries known as the Comprehensive Economic Partnership Agreement (CEPA), and the increasing number of Indian tourists visiting Dubai.
The UAE-India CEPA was signed on 18 February 2022 & entered into force officially on 1 May 2022. The immediate benefits will include:
Simpler customs procedures – the process will be much smoother and near-frictionless
Clear and transparent rules on trade
Lower tariffs
Enhanced market access
Government procurement opportunities
Greater information and guidance for SMEs
United Arab Emirates Ministry of Economy
The strong trade and commerce relationships between India and Dubai are set to continue to grow in the years ahead. This is due to the continued growth of the economies of both countries and the increasing number of Indian businesses and tourists choosing to visit Dubai.
What Are the Top 5 Popular Goods to Export From India to Dubai?
The United Arab Emirates is one of the top destinations for Indian exports, and the country is a significant market for Indian goods. In the previous blog post, we prepare all you need to know about the process of export from India to Dubai; you can find it Here. Top goods export from India to Dubai includes textiles, gems and jewelry, chemicals, machinery, and transportation equipment.
- Textiles are the largest category of goods export from India to Dubai. Indian textiles exported to the United Arab Emirates include cotton, silk, wool, and made-up textile articles.
- Gems and jewelry are other essential goods export from India to Dubai. The United Arab Emirates is a primary market for Indian diamonds, and the country is also a significant market for Indian gold jewelry.
- Chemicals are another significant category of goods export from India to Dubai. The United Arab Emirates is a primary market for Indian chemicals, and the country is also a significant market for Indian pharmaceutical products.
- Machinery is another crucial category of goods export from India to Dubai. The United Arab Emirates is a primary market for Indian machinery, and the country is also a significant market for Indian electrical machinery.
- Transportation equipment is the final major category of goods export from India to Dubai. The United Arab Emirates is a primary market for Indian transportation equipment, and the country is also a significant market for Indian railway equipment.
In conclusion, the United Arab Emirates is a primary market for Indian goods, and the country is a significant destination for Indian exports. The top 5 goods export from India to Dubai include textiles, gems and jewelry, chemicals, machinery, and transportation equipment.
Conclusion
The UAE is a major market for Indian exports, and the popularity of these goods shows strong demand for Indian products in the region. If you’re looking to export goods from India to Dubai, DFreight is the perfect partner to help you get your shipment safely and on time.
What do I need to know before exporting from India to Dubai?
What are the export procedures and documentation?
The export procedures and documentation include an export license, invoice, packing list, bill of lading, and certificate of origin.
What are the shipping options?
The shipping options include sea freight, air freight, and courier services.
What are the freight charges for shipping goods from India to Dubai?
The freight charges from India to Dubai depend on the size and weight of the goods, as well as the type of shipping option selected.