{"id":61283,"date":"2024-08-05T12:59:41","date_gmt":"2024-08-05T08:59:41","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=61283"},"modified":"2024-08-05T12:59:41","modified_gmt":"2024-08-05T08:59:41","slug":"gcc-markets-accounted-for-53-9-of-dubai-chamber-of-commerce-members-exports-and-re-exports-during-h1-2024-and-top-list-of-export-destinations-with-value-of-aed-78-6-billion","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/gcc-markets-accounted-for-53-9-of-dubai-chamber-of-commerce-members-exports-and-re-exports-during-h1-2024-and-top-list-of-export-destinations-with-value-of-aed-78-6-billion\/","title":{"rendered":"GCC Markets Accounted For 53.9% Of Dubai Chamber Of Commerce Members&#8217; Exports And Re-Exports During H1 2024 And Top List Of Export Destinations With Value Of AED 78.6 Billion"},"content":{"rendered":"<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">Dubai Chamber of Commerce<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">,\u00a0<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">the <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">Gulf Cooperation Council (GCC) <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">market <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">remained the top global export and re-export destination for <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">its <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">member companies during the first <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">half<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> of 2024<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">The GCC region accounted for 53.9<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">% of total exports and re-exports <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">with a combined <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">value<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> of around<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">78.6<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> billion<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">, <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">underlin<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">ing<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> the <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">market<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">\u2019s\u00a0<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">continuing significance for <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">the chamber\u2019s members<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">Non-GCC countries in the Middle East region ranked second among members&#8217; <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">top <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">export\u00a0<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">destinations<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">, accounting for <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">23.9<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">% of exports and re-exports<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> with a total <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">value<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> of<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">34.9<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> billion.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">African markets ranked third among<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> the leading<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> destinations for members&#8217; exports and re-exports during <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">H1 2024<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">, accounting for 9.<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">9<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">% of the total<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> with a combined <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">value<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> of<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">14.5<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> billion.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">The Asia-Pacific region ranked fourth<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> on the list<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">, accounting for 9.2% of exports with a value of approximately AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">13.4<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> billion.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">European markets <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">came in<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> fifth<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> place<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">, accounting for <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">1.9<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">% of total exports and re-exports with a value of AED<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">2.8<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> billion. Meanwhile, North America ranked sixth with 0.6% of the total exports and re-exports and a <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">combined <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">value of AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">946<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> million.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">Latin American markets ranked seventh, accounting for <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">around<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> 0.<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">6<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">% of total exports and re-exports with a value of approximately AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">839<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> million.<\/span><\/p>\n<p class=\"BodyA\" style=\"text-align: justify; line-height: 115%;\"><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">T<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">he combined value of exports and re-exports by <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">all <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">members of Dubai Chamber of Commerce reached approximately AED <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">145.9<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> billion<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> during H1 2024<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">, <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">with <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">the <\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">c<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">hamber issu<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\">ing 372,720<\/span><span style=\"font-family: 'Helvetica','sans-serif'; color: #1f3864;\"> certificates of origin. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai Chamber of Commerce,\u00a0one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the Gulf Cooperation Council (GCC) market remained the top global export and re-export destination for its member companies during the first half of 2024. The GCC region accounted for 53.9% of total exports and re-exports with a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-61283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/61283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=61283"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/61283\/revisions"}],"predecessor-version":[{"id":61285,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/61283\/revisions\/61285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/61284"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=61283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=61283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=61283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}