There is a increasingly growth in China’s merchandise particularly LED lighting exported to the United Arab Emirates
UAE as a leading economic country in the Middle East has trade relations with 179 countries and regions, known as the “economic engine” of the Gulf region, the trade occupies an important place in their economies. In recent years, there is a increasingly growth in China’s merchandise exported to the United Arab Emirates.
According to statistics, China has joined the WTO for more than a decade, the exports to UAE has increased by nearly seven times， the growth rate is much higher than China’s exports to the other countries in Middle East. Take the mechanical appliances and electrical equipment for example: the mechanical appliances exported in 2013 amounted to $ 5,668,842,363, an increase is 3.1% in 2012, representing an increase of 10.9% in 2011; the exports of motor electrical equipment in 2013 amounted to 5, 452,317,161 dollars, an increase is 9.5% in 2012, representing an increase of 19.2% in 2011.
For Chinese enterprises, the UAE is an important opportunity to open the Middle East market, companies need to actively understand the latest local regulatory requirements to seize opportunities and ensure that the products comply with laws and regulations, so that maintain a good competitive advantage in the international market.
It is reported that the growth in the export United Arab Emirates to China will be the fastest between 2017-2030, China as the UAE’s second largest export market will surpass the United States by 2030.
For the lighting market, as early as February 17 2014, the UAE Securities and Markets Authority (ESMA) jointly with important strategic partner named the United Arab Emirates’ ecological footprint Planning Organization ” announced the launch of a new standard for indoor lighting, advocating the residents and businesses use of energy-efficient lighting equipment.
It is learned that the UAE market will introduce reliable and energy-efficient lighting products after the implementation of the new standards. Since February 17 2014, the ESMA has launched a six-month implementation phase for the standards, which has coordinated with stakeholders companies, manufacturers, retailers and other sectors.
This will effectively reduce the UAE carbon emissions and energy wasted, as well as promote the UAE’s ecological footprint program targeted to be completed, the UAE energy consumption continues to move toward the economic environment. By then, the annually electricity in United Arab Emirates will be reduced from 340 to 500 megawatts, which is equivalent to disable natural gas power plants for six months.
