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UAE based enterprises to leverage great trade network at the seven trade fairs to be held in Hongkong

YarnsandFibers News Bureau 2015-03-05 15:30:00 – Hongkong

The Gulf countries are gradually becoming the world’s leading textile manufacturing and trading centers due to good economic environment and fair trade practices.UAE is in the forefront of this march which is steadily emerging as a major textile trading hub.

The UAE has always held a significant trading partnership with Hong Kong. With the announcement of seven leading trade fairs of Asia in Hongkong , a phenomenal opportunity awaits the UAE based enterprises to leverage the great trade networks of several established domestic and international markets as well as emerging markets. The GCC region will be also benefitted by it with its partnership with Hong kong.

The trade fairs include - Hong Kong International Lighting Fair - Spring Edition (April 6 to 9), Hong Kong Electronics Fair - Spring Edition (April 13 to 16), International ICT Expo (April 13 to 16), Hong Kong International Home Textiles and Furnishings Fair (April 20 to 23), Hong Kong Houseware Fair (April 20 to 23), Hong Kong Gifts and Premium Fair (April 27 to 30) and Hong Kong International Printing and Packaging Fair (April 27 to 30).

The 7th edition of the show, International Lighting Fair (Spring Edition) ,is expected to attract around 1,100 exhibitors from 12 countries and regions. The fair offers global buyers a one-stop-shop for sourcing all finished products, parts and components. A great variety of merchandise will be showcased at different theme zones which enhance business opportunities for visitors and industry players, such as Hall of Aurora, LED & Green Lighting, Advertising Display Lighting and Avenue of Inspiration.

Celebrating its 30 years of success, the Houseware Fair serves as a hub for the latest and hottest products. Over 2,000 exhibitors from 34 countries and regions are expected to join the fair this year, with a new exhibiting country - Cyprus. More than 28,000 buyers from 119 countries and regions came through the doors in 2014.

This year's fair features a total of 22 'product or themed zones', focusing on key categories. Of which, five are newly introduced -- Bath, Beauty and Healthcare, Festive decor, Home Cleaning, Storage Solution and Wine Tools and Accessories.

The 30th edition of the world's largest Gifts and Premium Fair proves that Hong Kong is an important world-renowned sourcing centre of this kind. Over 4,100 global exhibitors are expected to take part this year. Hall of Fine Designs showcases collections of high quality products of more than 130 brands; Catering to the latest market trends, three new theme zones are added -- Beauty Products & Accessories Zone, Hiking and Camping Products Zone and Fine Porcelain Gifts Zone. Avenue of Inspiration will return to offer innovative and unique pieces from the country's young entrepreneurs and designers, giving buyers a glimpse of local originality.

The seven trade fairs, to be held at the Hong Kong Convention and Exhibition Centre (HKCEC) between April 6 and 30, 2015, would provide tailor-made platforms for traders and suppliers from around the world to expand their businesses into new markets.

Speaking at a press conference in Dubai, Mr. Perry Fung, HKTDC Regional Director of Middle East and Africa, said, that the seven trade fairs present tremendous opportunities for enterprises from the UAE to source quality products under one roof and make alliances and business contacts for expansion. We look forward to seeing more importers and distributors from the UAE to use the HKTDC's trading platforms to tap business opportunities this year and in future, as the trade relation between Hong Kong and the UAE has been growing significantly.

He added that the growing domestic market of the countries in the region is opening up new trading opportunities. Last year, buyers from Middle East who visited HKTDC fairs reached 2,500. The UAE is Hong Kong's largest export market in the Middle East. In 2014, Hong Kong's total exports to the UAE went up by 25.4 per cent year on year to US$6.2 billion. Reciprocally, Hong Kong's imports from the UAE were valued at US$3.8 billion.

Mr. Fung elaborated that , the seven global fairs is supported by a combination of international quality exhibitors and buyers offer one-stop marketing and sourcing platforms, and represent prime opportunities for traders to gather the latest market intelligence. HKTDC identifies market opportunities, organize promotional activities, cultivate business contacts and offer fresh market intelligence. To harness the potential between the two places, they will step up our promotional efforts to expand our bilateral trade volume.

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