Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, on Tuesday said that the markets within the Gulf Cooperation Council (GCC) remained primary destination for its members’ exports and re-exports during the first quarter of this year.
The total value of exports and re-exports by Dubai Chamber of Commerce members achieved y-o-y growth of 16.8% to reach $23.39 billion during the first three months of 2025.
Of this, the GCC countries accounted for 47.2% of the total value member’s exports with a combined value of $11.03 billion, underlining the region’s continued importance to members’ trade activities, the Chamber said.
Middle East markets outside the GCC secured the second-largest share of exports and re-exports with a combined value of $6.81 billion, representing 29.1% of the total value. The African markets ranked third, accounting for 10.6% of members’ total exports and re-exports, with a value of $2.48 billion.
APAC Fourth
The Asia-Pacific region followed in fourth place, contributing 9.4% of total exports and re-exports with a combined value of approximately $2.18 billion. European markets secured the fifth position, representing 2.8% of total exports and re-exports, with a value of $650 million.
Meanwhile, North American markets ranked sixth, contributing 0.5% of exports valued at around $125.25 million. Latin American markets came seventh on the list, accounting for 0.4% of total exports and re-exports in Q1 of 2025 with a value of $85.77 million.
New Companies
A total of 70,500 new companies joined the chamber’s membership by December 2024, representing growth of 3% compared to 2023.
By the end of last year, the total number of active members reached 258,318, reflecting annual growth of 18% compared to 2023. This highlighted Dubai’s growing significance as a destination of choice among businesses and investors.
The value of exports and re-exports by chamber members exceeded $81.69 billion for the first time since the chamber’s establishment, achieving annual growth of 9.2% to reach $84.15 billion in 2024, the Chamber said.
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