Dubai exports rise 13% in April

24 May 2010

(MENAFN) Dubai Chamber of Commerce & Industry (DCCI) reported that the total exports by its member firms saw a year-on-year 13 percent hike in April, Khaleej Times reported.

According to the chamber, Dubai’s total exports of 4,645 members during April grew to $4.57 billion compared to the corresponding period a year earlier, but the current value is 10 percent lower than previous monthÂ’s $5.1 billion exports.

The Gulf countries remained the biggest export destination of Dubai Chamber members with nearly $2.2 billion exports, or 48 percent of total value during the month. But compared to March’s $2.6 billion exports, it saw a contraction of 16 percent in the value. Dubai Chamber members exports to Saudi Arabia shrank by 17 percent to $216 million compared to March exports.

In the first three months of the year, the chamber membersÂ’ exports grew by $1.8 billion to $13.8 billion over the $12 billion the companies reported in the year-earlier corresponding period.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more