Base Metal and Articles - Monthly Trend
Source - Dubai Custom
Sector Overview - Base Metal and Articles
The global Base Metal and Articles trade (export + import) has raised to USD 4028.97 billion in 2021 increase of 44.04% compared to 2020 which was USD 2797.03 billion. The Base Metal and Articles trade represented 9.12% of total global trade.
Dubai Base Metal and Articles trade was 92.27 billion in 2021, increased of 54.5% compared to 59.71 billion in 2020. Base Metal and Articles trade represented 6.10% of the total Dubai trade. Dubai's Base Metal and Articles trade represented 2.29% of the total global Base Metal and Articles trade.
Dubai Base Metal and Articles exports were AED 45.11 billion in 2021 which accounts for 20.13% of Dubai export. The top exported products were: Aluminium; unwrought, alloys (HS Code: 760120), Nickel; waste and scrap (HS Code: 750300) and Copper; wire, of refined copper (HS Code: 740811). The top export destinations were: India, Japan, USA, Pakistan, and Netherlands.
Dubai Base Metal and Articles imports were AED 37.0 billion in 2021 which accounted for 4.26% of the total Dubai imports. The top import products were: Copper; refined, unwrought, cathodes and sections of cathodes (HS Code: 740311), Iron or non-alloy steel; (not in coils) (HS Code: 720851) and Nickel; unwrought, not alloyed (HS Code: 750210). The top import origins were: China, India, Congo, Kazakhstan, and Russia.
Dubai Base Metal and Articles re-exports were AED 10.16 billion in 2021 which accounted for 2.42% of the total Dubai re-export. The top re-export products: Nickel; unwrought, not alloyed (HS Code: 750210), Iron or steel; articles (HS Code: 732690) and Iron or steel; threaded screws and bolts (HS Code: 731815). The top re-export destinations were: China, Saudi Arabia, Sultanate of Oman, India and Iraq.
The Base Metal and Articles sector contains Sections No. (72-73-74-75-76-77-78-79-80-81-82-83-26).
Source - Dubai Custom
Sector Competitive Landscape
Source - Dubai Custom - UN Comtrade
Note : Forecast from 2021 based on trade predictions by WTO and UNCTAD
Source: Dubai Customs - KCORP