Connecting with Ecuador

Eng. Mahmood Al BastakiChief Executive Officer,Dubai Trade Sunday 29th

Sept, 2013

South America

USD 3.5 Bn

North America

USD 18.5 Bn

Africa

USD 20.2 BN

Australia

USD 3.2 BN

Asia

USD 156 BN

Europe

USD 51 BN

UAE Trade at the global scene….

*Source National Bureau of statistics UAE

Non Oil Trade between UAE & Ecuador

2007 2008 2009 2010 2011 2007 2008 2009 2010 2011

Import

44333677

13689618

8859920.12

7784681.15

11342606.2

3

Export

9459809

15249133

5407080.39

14483547.1

8

30466866.9

1

Re-export

1759152

5116589

14965596.9

3

10264845.6

5

7930374.22

Total

55552638

34055340

29232597.4

4

32533073.9

8

49739847.3

6

5,000,000

35,000,000

65,000,000

95,000,000

Value in AED

Exports to Ecuador almost tripled within 5 years.

*Source National Bureau of statistics UAE

Major Commodities Traded 2011 - Import

1 FOODSTUFFS, BEVERAGES, AND TOBACCO

2 WOOD

3 LIVE ANIMALS AND THEIR PRODUCTS

4 VEGETABLE PRODUCTS

Major Commodities Traded 2011 - Export

1 BASE METALS.

2 CHEMICAL PRODUCTS.

3 PHOTOGRAPHIC, MEDICAL, MUSICAL INSTRUMENTS & PARTS.

4 PLASTICS & RUBBER

Major Commodities Traded 2011 – Re-Export

1 MACHINERY AND PARTS

2 TEXTILES AND TEXTILE ARTICLES.

3 CHEMICAL PRODUCTS.

4 VEHICLES.

Trade routes between Dubai & Ecuador

Transit Time by Air: (Example)DXB – MAD – GYE – 22 hoursDXB – JFK – GYE – 28 hours

Transit Time by Sea: (Example)JEA – HAM – GYE – Approx. 55 daysJEA – PUS – GYE – Approx. 60 days

JEA – Jebel Ali, UAE; DXB – Dubai, UAE; GYE – Guayaquil, Ecuador; HAM - Hamburg, Germany; PUS – Busan, Korea; MAD – Madrid, Spain; JFK – New York, USA

JEA

HAMJFK

GYE

PUSMAD

Use Dubai as the regional trading hub

Map of UAE Imports by countries

*Source: Doing Business report 2013

Transit time from Dubai by Sea & Air

..

Transit Time by Sea:2 days

4 days

8 days

Sea Transit times for major import countries

*Source: Sailing schedules from major Shipping lines

Transit Time by Air:2 Hours

5 Hours

8 Hours

Freight Forwarders & Customs Brokers

Transport Companies

Free Zone Companies

Customs Authority

Sea Port Operator

Shipping Lines & Agents

Company Licensing Authorities

Exporters & Importers

Air Cargo Handlers

Financial Institutions

Insurance Companies

Soft Infrastructure participants

Chamber of Commerce

Visit Multiple counters

Long queues at counters

Paper intensive

Lack of transparency and standardised procedures

Permit Authorities

Dubai Trade Portal

Freight Forwarders &

Customs Brokers

Transport Companies

Free Zone Companies

Shipping Lines & Agents

Exporters & Importers

• The premier trade facilitation entity of Dubai that looks at simplification and harmonization of processes involved in the movement of goods

DEFINITION

• Transform the end to end trade supply chain and to establish Dubai as the leading trading & logistics hub of the world.

VISION

• Make trade easier, faster and cost effective for all stakeholders through continued improvement of business process and application of technology.

MISSION

Dubai Trade Overview

2008 2009 2010 2011 2012 2013*0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

16,000,000

18,000,000

7,362,745

9,123,435

11,483,399 12,346,942

14,880,822

16,255,354

Portal Transactions

Over 750 eServices

Registered Companies

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013*

Com-panies

118 1033 2343 4475 6796 10410 18235 37212 51400 72077 91477

5000

15000

25000

35000

45000

55000

65000

75000

85000

95000

Licensing Authority

No. of Companie

sDED (Dubai

Local) 76830

JAFZA 7773

DAFZA 1645

TECOM 1573

DMCC 1197

Others 2459

Dubai Trade Portal

Dubai Trade Value Added Services

Rosoom Electronic Payment Gateway

Trade Shield - Marine Cargo Insurance

Certified Trade & Logistics Professional

Vessel Sailing Schedules

Emirates Sky Cargo

Expo 2020

Connecting minds creating the future

25 Million expected visitors

300,000 jobs to be created

Call for Action

Shipping lines to explore Ecuador as a potential gateway to the west coast of Latin America.

Given the rich variety of perishables exported out of Ecuador, Air carriers to consider establishing direct service between Ecuador & Dubai.

Pro Ecuador to facilitate Ecuadorian companies to establish a presence in Dubai.

Pro Ecuador to promote Dubai Trade portal services amongst Ecuadorian Exporters/Importers for end to end visibility of cargo