The exports and re-exports of its members rise 18% to 129.4 billion dirhams during the first half
Dubai Chamber expects an exceptional and record year for membership and export performance
Dubai Chamber: 357,000 certificates of origin were issued in the first half of 2022. Archive
Hamad Buamim: "The quality of the Chamber's services is accompanied by the strength and flexibility of Dubai's economy, which has contributed to enhancing export performance."
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The Dubai Chamber of Commerce expected 2022 to be an exceptional and record year in terms of membership and export performance for members, and to support the external expansion of its members and Dubai traders, after the exports and re-exports of its members achieved remarkable growth during the first half of 2022 by 17.8% compared to the same period last year 2021. , registered 129.4 billion dirhams.
export value
In detail, the Dubai Chamber of Commerce announced that the exports and re-exports of its members achieved a remarkable growth during the first half of 2022 at a rate of 17.8% compared to the same period in the last year 2021, amounting to 129.4 billion dirhams, which reflects the flexibility of Dubai merchants and their ability to benefit from services and benefits provided by the Chamber to diversify their export and trade destinations.
Certificates of Origin
The Dubai Chamber of Commerce revealed that the number of certificates of origin issued in the first half of this year amounted to 357,000 certificates, with a growth rate of 8.9%, compared to the same period last year, amid a remarkable exceptional performance that was reflected in the Chamber's indicators and services for the private sector in the emirate, despite the challenges. Diverse global.
The Chamber stated that the notable growth rates during the current year in the exports and re-exports of members, certificates of origin and membership of the Chamber, reflect the size of the efforts made in the Chamber's operations and their repercussions and positive effects on the economic landscape of the Emirate of Dubai, and on the ability of the local business community and its active role in leading the stage of economic recovery in it, in addition. To the impact of the restructuring of the «Dubai Chamber» on the commercial activity of the emirate.
Quality of services
The Director General of Dubai Chambers, Hamad Mubarak Buamim, stressed that the quality of services provided by the Chamber to its members, including the services of foreign representative offices, accompanied by the strength and flexibility of Dubai's economy and the emirate's merchants and their ability to take advantage of export opportunities in foreign markets, contributed to enhancing export performance during the first half of the year. This year, and consolidating the emirate's position at the heart of the global trade system.
Buamim stressed the Chamber's commitment to achieving the objectives 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 provides for raising the value of the emirate's trade to two trillion dirhams by 2026, considering that the Chamber's new initiatives focus on Supporting the trade sector and the emirate's merchants in their external expansion, and their easy and smooth access to targeted foreign markets.
He added: “With these positive results, we expect 2022 to be an exceptional and record year in terms of membership and export performance for members, and support for the external expansion of our members and Dubai merchants.
We look forward to continuing our journey in serving the business community in the Emirate.”
Standard performance
It is noteworthy that the Dubai Chamber of Commerce, one of the three chambers under the umbrella of Dubai Chambers, recently revealed a record performance of its membership during the first half of 2022, represented in the joining of more than 21 thousand new companies to the membership of the Chamber, with a growth of 80% compared to the same period in 2021. .
Thus, the total number of members of the Chamber increased to more than 308 thousand companies, consolidating its position as one of the largest chambers of commerce in the region and the world, in line with the new strategy of Dubai Chambers 2022-2024.
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