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RAK Chamber, members Posted AED3.67b exports

GCC member countries topped the list of countries that import products from chamber members

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Exports by members of RAK Chamber

The value of exports of members of the Ras Al Khaimah Chamber of Commerce and Industry (RAKCCI) totaled AED3.671 billion during the first nine months in 2020.

The announcement was made by Mohammed Hassan, Acting Director-General of the RAKCCI, who noted that the emirate’s diverse economy has helped maintain the stability of its economic performance during the COVID-19 pandemic, as reflected by the value of exports of the chamber’s members.

Eman Al Hayyas, Deputy Director-General for Trade Services and Business Development at the Chamber, noted that Gulf Cooperation Council (GCC) member countries topped the list of countries that import products from chamber members, in terms of export value, accounting for 37 per cent of exports, valued at AED1.356 billion, followed by non-Arabic speaking Asian countries with 20 per cent, AED730 million, Arab countries with 18 per cent, AED661 million, European countries with 10 per cent, AED343 million, non-Arabic speaking African countries which accounted for 9 per cent; American countries accounted for 5 per cent, and Oceania and other countries 1 per cent.

Saudi Arabia topped the list of countries, in terms of numbers of certificates of origin, with 3,208 certificates covering goods valued at AED582 million, she added. – Wam

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