Dubai Chamber trade outflow at Dh25bn in March

Monthly exports of Dubai Chamber members continued the increasing pattern with total exports in March 2014 reaching Dh25.5 billion, higher by 7 per cent than Dh23.9 billion recorded in the month of February with a year-on-year increase of 5 per cent compared to March 2013, according to a latest study released by the Chamber.

The GCC was the largest export destination of members, with total export to the region reaching Dh15.8 billion, with Saudi Arabia taking 57 per cent of the total GCC export carried out by 37 per cent of the total number of exporters during the month amounting to 5,683.

Meanwhile, the year-on-year comparison of member?s exports in the month or March 2014 with the same month in 2013 showed a growth pattern of 5 per cent, to Dh24.3 billion in 2013 and to Dh25.5 billion in 2014 while an increasing growth pattern was noted in the number of COs, increasing from 69,000 to 78,000 during the same period.

via Dubai Chamber trade outflow at Dh25bn in March – Emirates 24/7.