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JAFZA electronics hub reports healthy trading

by Kevin Vaz
April 2, 2023
in Free Zones

JAFZA electronics, The hub drives more than 50 per cent of Dubai’s electronics trade

JAFZA – Supplied Image

The Gulf’s electronics and electrical sector has grown sharply in the last few years, driven by rising disposable income, tourism, and deep internet penetration rates, making the region one of the most connected globally.

Due to its strategic location, Dubai is one of the key suppliers of electronic products to the Middle East, and the rest of the world. In 2021, 2.7mn MT of electronic products worth over AED 347bn (US$ 94.5mn) were traded via the Emirate.

Its trade capabilities are further complemented by the robust local and regional e-commerce fulfilment infrastructure and the re-export markets that connect to countries worldwide.

Set in the heart of Dubai, the free zone alone traded 1.4mn MT of electronic products worth over AED 147bn (US$ 40mn) in 2021. That is more than 50 per cent of Dubai’s total traded volume and over 40 per cent in value.

One of the key unique selling points of Jafza’s electronics hub is that over 26 per cent of the companies are from the UAE, fostering localisation and creating a demand for local products and services globally.

Regarding regional representation, 50 percent of the companies are from the Middle East. Another 26 per cent are from Asia, and 9 percent are from Europe.

JAFZA electronics continues to support its customers by introducing a range of new facilities.

The state-of-the-art and high-quality, thermal insulated, purpose-built Light Industrial Units (LUIs) and warehouses can be used for storage, distribution or as a space for assembly, helping partners ensure reduced manufacturing lead time.

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Tags: DubaiJAFZA electronicsNewsTrade
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