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DUBAI / WAM
The value of exports and re-exports carried out by members of the Dubai Chamber of Commerce and Industry increased by nearly 24 percent to reach AED22.1 billion in March 2021, compared to the same month last year, the organisation has revealed.
During the first quarter of 2021, the value of members’ exports and re-exports grew by 6.5 percent year-over-year (y-o-y) to reach AED54.8 billion, reflecting growing momentum and increased trade activity in Dubai, said a statement issued by Dubai Chamber on Sunday.
A total of 166,759 certificates of origin were issued by the Chamber during the first quarter of this year and March saw a high of 62,235 certificates, reflecting signs of a recovery of the trade sector and enhanced economic
competitiveness. Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021, marking a growth rate of 38.6 percent y-o-y.