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Dubai Chamber of Commerce’s exports, re-exports hit AED 129.4bn in H1-22

Dubai Chamber of Commerce’s exports, re-exports hit AED 129.4bn in H1-22
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UAE – Mubasher: The exports and re-exports of the Dubai Chamber of Commerce have surged by 17.80% year-on-year (YoY) to AED 129.40 billion during the first half (H1) of 2022.

Over 357,000 certificates of origin were issued in H1-22, marking an 8.90% YoY increase, according to a press release on Wednesday.

The President and CEO of Dubai Chambers, Hamad Buamim, noted that the growth of member exports came in line with the Chamber’s objective to promote Dubai as a global business hub.

Buamim also pointed out that the Chambers aims to raise Dubai’s foreign trade to AED 2 trillion by 2026 within the framework of the Dubai Foreign Trade Plan.

During the January-June period of 2022, the Chamber witnessed an annual jump of 80% in the number of new members to more than 21,000.