Wednesday, March 30, 2011

United Arab Emirates - top global re-exporter

Recent studies conducted in the United Arab Emirates has revealed that the United Arab Emirates has been the top global re-exporter of rice over the past five years (2005 to 2009). The study which was conducted by Abdel Hameed Radwan, an Economic Specialist at the Ministry’s Analysis and Information Department, revealed that the UAE’s share of global rice re-exports stood at 93% underlining the country’s strategic importance in the global rice trade – due to it being situated in a pivotal point between international production, export and consumption areas in South East Asia and the rest of the world – and further underscoring the competitiveness of the UAE’s logistical services and the ease of customs procedures as factors that have helped the UAE attain this significant position in the rice trade.

The study also revealed that the value of rice re-exported from the UAE increased from USD 122 million in 2005 ( 84% of overall global rice re-exports) to USD 519 million which constituted 93% of the overall amount of global rice re-exports of 607,000 tons that were valued at USD 555 million.



Elizabeth Percy
PR & Corporate Communications Manager
RICE DUBAI 2011

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