The Gulf Cooperation Council (GCC) remained the top export and re-export destination for Dubai Chamber of Commerce members in 2024. The region accounted for 52% of total trade, reaching AED 161 billion ($43.8 billion). This highlights the GCC’s vital role in Dubai’s trade expansion.
GCC: Key Export Destinations and Market Performance
The Middle East, excluding GCC nations, ranked second among the top export markets. It contributed 24.8% of total exports and re-exports, valued at AED 76.8 billion ($20.9 billion).
Meanwhile, African markets secured third place with 10% of total exports, reaching AED 30.9 billion ($8.4 billion). The Asia-Pacific region followed closely, contributing 9.6% of trade with AED 29.7 billion ($8.1 billion).
European markets ranked fifth, representing 2.5% of exports with AED 7.9 billion ($2.2 billion). North America followed with 0.7% of trade, amounting to AED 2 billion ($545 million). Lastly, Latin American markets contributed 0.5% of total exports, valued at AED 1.4 billion ($381 million).
Dubai Chamber Achieves Historic Export Growth
For the first time since its establishment, Dubai Chamber of Commerce surpassed AED 300 billion ($81.7 billion) in total exports and re-exports. The total trade value reached AED 309.6 billion ($84.3 billion) in 2024, marking a strong 9.2% annual growth.
This milestone reflects Dubai’s growing influence in global trade. It also reinforces the Chamber’s role in supporting businesses and strengthening international partnerships.
Outlook for 2025
With continuous trade expansion, Dubai Chamber aims to enhance business opportunities and global collaborations. The impressive performance in 2024 sets a strong foundation for further economic growth. Moving forward, the Chamber remains committed to driving innovation and increasing trade competitiveness.
