The Dubai Chamber members’ exports and re-exports surged to AED129.4 billion ($35 billion) during H1 2022, marking a 17.8 percent increase compared to the same period last year. The number of certificates of origin issued also rose 8.9 percent year-on-year to exceed 357,000.
The Chamber said 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.
Hamad Buamim, President & CEO of Dubai Chambers, said that Dubai International Chamber’s representative offices played a crucial role in supporting the growth of members’ exports as these offices identify high-potential trade opportunities in promising markets, in addition to Dubai Chamber of Commerce’s smart services and expanded efforts to promote Dubai as a preferred business hub in the global arena.
Buamim added that 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.