Exports and Re-exports from Dubai Exceed $35 Billion in H1 2022

Exports and Re-exports from Dubai Exceed $35 Billion in H1 2022

Number of certificates of origin issued in the period rise by 8.9% y-o-y to exceed 357,000

The value of member exports and re-exports in the first half of 2022 amounted to $35 billion, marking a 17.8% increase compared to the same period last year. The number of certificates of origin issued in H1-2022 rose 8.9% y-o-y to exceed 357,000.

The growth momentum reflects the Chamber’s ongoing efforts to expand and improve its services that are designed to facilitate Dubai’s trade with other markets and enhance the competitiveness of the private sector, as well as new initiatives launched under the new Dubai Chambers strategy.

H.E. Hamad Buamim, President & CEO of Dubai Chambers, said Dubai International Chamber’s representative offices played a crucial role in supporting the growth of member exports as these offices identify high-potential trade opportunities in promising markets.

Dubai Chamber of Commerce’s smart services expanded efforts to promote Dubai as a preferred business hub in the global arena.

Dubai Chamber of Commerce Sees Record Membership Growth in H1-2022

His Excellency reiterated Dubai Chambers’ strong commitment to achieving the goals of the Dubai Foreign Trade Plan announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which aims to boost Dubai’s foreign trade to $544 billion by 2026.

2022 is forecast to be a record and exceptional year for member companies trade performance as the three chambers operating under Dubai Chambers.

Dubai Chamber of Commerce, Dubai International Chamber and Dubai Chamber of Digital Economy align their efforts and implement a focused approach to supporting Dubai’s business community and cementing its position as a global trade hub.

Read More: Dubai Chamber and Equiti Group Discuss Ways to Boost Digital Economy

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