Money and business

The markets of the Gulf Cooperation Council countries account for 52% of the exports and re -exports of the members of the Dubai Chamber of Commerce

The Dubai Chamber of Commerce, one of the three rooms operating under the umbrella of Dubai Chambers, revealed the markets of the Gulf Cooperation Council states to the destination of exports and re -exports of its members to the global markets during the year 2024, by acquiring 52% of the total exports and return of members ’exports, or about 161 billion dirhams, which reflects the importance of the Gulf market in the trade of members of the Chamber.

The Middle East region (with the exception of the markets of the Gulf Cooperation Council states) ranked second in the list of members ’exports, by acquiring 24.8% of the total exports and return of members exports, and at a value of 76.8 billion dirhams.

The African continent’s markets ranked third on the list of exports and reservations of members in the year 2024, by acquiring 10% of the total exports and return of members exports, and at a value of 30.9 billion dirhams.

The Asian and Pacific Markets ranked fourth on the list of exports and members ’exports, as it acquired 9.6% of the total exports and return of members’ exports, and at a value of about 29.7 billion dirhams.

The European continent’s markets ranked fifth in this list by acquiring 2.5% of the total exports and return of members exports, and at a value of 7.9 billion dirhams, while the North American continent ranked sixth with a rate of 0.7%, with a total value of exports of about 2 billion dirhams.

The Latin American markets ranked seventh on this list, as it acquired approximately 0.5% of the total exports and re -exports in the year 2024, with a value of 1.4 billion dirhams.

It is noteworthy that the value of exports and re -exports of members of the Chamber during the year 2024 exceeded the barrier of 300 billion dirhams for the first time since the establishment of the Chamber, as last year amounted to 309.6 billion dirhams, to achieve annual growth by 9.2%.

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