- Non-GCC Center Eastern international locations accounted for twenty-four.8% of complete exports, with a mixed worth of AED 76.8 billion.
- African markets ranked third, capturing 10% of complete exports with a price of AED 30.9 billion.
Dubai Chamber of Commerce, one of many three chambers working underneath the umbrella of Dubai Chambers, has revealed that the Gulf Cooperation Council (GCC) markets maintained their place because the main international export and re-export vacation spot for its members throughout 2024. GCC international locations accounted for 52% of complete exports and re-exports with a mixed worth of AED 161 billion, highlighting the market’s important function in members’ commerce actions.
Nations within the Center East excluding GCC markets ranked second among the many main export locations, capturing 24.8% of complete exports and re-exports with a mixed worth of AED 76.8 billion.
African markets ranked third, accounting for 10% of members’ complete exports and re-exports with a price of AED 30.9 billion.
The Asia-Pacific area adopted in fourth place, contributing 9.6% of complete exports and re-exports with a mixed worth of roughly AED 29.7 billion.
European markets secured the fifth place, representing 2.5% of complete exports and re-exports with a price of AED 7.9 billion. In the meantime, North American markets ranked sixth, contributing 0.7% of exports valued at round AED 2 billion.
Latin American markets got here seventh on the record, accounting for 0.5% of complete exports and re-exports in 2024 with a price of AED 1.4 billion.
In a major achievement, the full worth of exports and re-exports by Dubai Chamber of Commerce members exceeded AED 300 billion for the primary time for the reason that chamber’s institution. The entire worth reached AED 309.6 billion throughout 2024, marking a formidable annual progress of 9.2%.
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