7.4% growth in exports and re-exports of "Dubai Chamber" within 3 months

The Dubai Chamber of Commerce and Industry revealed that the value of exports and re-exports of its members during the last three months (June, July and August) after the end of the lockdown restrictions, has achieved a growth of 7.4%, reaching 45.2 billion dirhams, compared to the months (March, April and May) during the period of restrictions on movement. It reflects an economic recovery in the trade sector and a strong breakthrough for the trade sector in the post-closure period, and consolidates the important role of trade in strengthening the foundations and pillars of the emirate’s economy in the economic recovery phase from the effects of the Covid-19 pandemic.

The Chamber also pointed out that the number of certificates of origin issued by the Chamber in the past three months (June, July and August) has achieved a growth of 11.7% with more than 151,000 certificates of origin, compared to 135,000 certificates of origin during a period of months (March, April and May).

The Chamber also indicated that the average number of exporters who are members of the Chamber during the past three month has reached 4,630, compared to 4,066 exporters during the months of March, April and May, with a growth rate of about 14% in the average number of exporters during this period.   

The Director General of the Dubai Chamber of Commerce and Industry, Hamad Buamim, explained that the trade sector began to lead the recovery of the emirate’s economy from the negative effects of the spread of the Covid-19 virus, stressing the flexibility of Dubai’s economy in facing challenges and turning it into opportunities, pointing out that the growth in exports and re-exports of members and the number of certificates of origin Sawabiah reflects the vision of the wise leadership and its efforts to ensure business continuity and smoothness while applying preventive measures and measures at the highest level  

He pointed out, saying: “Dubai today proves that the diversification of its economy and the flexibility of its development plans and economic incentives contribute to the acceleration of the economic recovery. The requirements of the current stage, where trade plays an essential role in supporting the local, regional and global economic system.  

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