Dubai's trade of gloves and masks reaches AED 65.7 million

Monday, 20 April 2020 20:06

The external trade of face masks in Dubai during the first quarter of 2020 reached AED 60.5 million, compared to 2019's annual total of AED 63.5 million.

According to Dubai Customs, imports of masks in the last three months accounted for around AED 40 million, exports reached AED 3.4 million and re-exports hit AED 17 million.

Meanwhile, Dubai's trade in gloves during Q1 2020 was worth AED 5.2 million, with imports accounting for the biggest share (AED 4.67 million).

The total trade of masks and gloves in Q1 2020 totalled AED 65.7 million.

Dubai Customs revealed that they took further steps and procedures to facilitate the trade of these products to meet the rising demand.

This comes after the COVID-19 outbreak prompted individuals to wear the protective items as a precautionary measure.

More from Business News

UK's Jaguar Land Rover to halt US shipments over tariffs

Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
US starts collecting Trump's new 10% tariff

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).