Dubai Chamber of Commerce, part of Dubai Chambers, announced that its members' total exports and re-exports in 2024 surpassed AED 300 billion for the first time, reaching AED 309.6 billion.
This milestone reflects an impressive annual growth of 9.2%, underlining Dubai’s robust trade sector.
Gulf Cooperation Council (GCC) markets remained the top export and re-export destinations, accounting for 52% of the total value at AED 161 billion. The Middle East (excluding GCC countries) ranked second, capturing 24.8% with AED 76.8 billion.
African markets followed in third place, contributing 10% with AED 30.9 billion, while the Asia-Pacific region secured fourth place with 9.6%, totaling AED 29.7 billion. European markets ranked fifth, representing 2.5% with AED 7.9 billion.
North American markets accounted for 0.7% of exports at AED 2 billion, while Latin America ranked seventh with 0.5%, valued at AED 1.4 billion.
The remarkable growth in trade reflects Dubai’s strategic position as a global business hub and highlights the chamber’s role in strengthening the emirate’s export sector.
News Source: Dubai Media Office