Dubai Chamber of Commerce has revealed exports and re-exports worth AED145.9bn ($39.7bn) during H1 2024.
The Dubai Chambers said the Gulf Cooperation Council (GCC) market remained the top global export and re-export destination for its member companies during the first half of 2024.
The GCC region accounted for 53.9 per cent of total exports and re-exports with a combined value of around AED78.6bn ($21.5bn), underlining the market’s continuing significance for the chamber’s members.
Dubai Chamber of Commerce exports
Non-GCC countries in the Middle East region ranked second among members’ top export destinations, accounting for 23.9 per cent of exports and re-exports with a total value of AED34.9bn ($9.5bn).
African markets ranked third among the leading destinations for members’ exports and re-exports during H1 2024, accounting for 9.9 per cent of the total with a combined value of AED14.5bn ($3.9bn).
The Asia-Pacific region ranked fourth on the list, accounting for 9.2 per cent of exports with a value of approximately AED13.4bn ($3.6bn).
European markets came in fifth place, accounting for 1.9 per cent of total exports and re-exports with a value of AED2.8bn ($762.3m).
Meanwhile, North America ranked sixth with 0.6 per cent of the total exports and re-exports and a combined value of AED946m ($258m).
Latin American markets ranked seventh, accounting for around 0.6 per cent of total exports and re-exports with a value of approximately AED839m ($228m).
The combined value of exports and re-exports by all members of Dubai Chamber of Commerce reached approximately AED145.9bn ($39.7bn) during H1 2024, with the chamber issuing 372,720 certificates of origin.
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