Dubai Chamber companies saw 20% higher exports to Africa in June

Dubai Chamber companies saw 20% higher exports to Africa in June

UAE - Mubasher: The exports of the member companies at the Dubai Chamber of Commerce and Industry to Africa rose by 20% month-on-month (MoM) to AED 2.94 billion ($800 million) in June.

The member companies' exports and re-exports to Sub-Saharan Africa and East Africa recorded AED 883 million ($240 million) and AED 508.3 million ($138.3 million), respectively, in June, according to a press release on Tuesday.

Meanwhile, the exports to West Africa and Central Africa reached AED 249.5 million ($67.9 million) and AED 92 million ($25 million), respectively.

The companies' exports to North Africa represented two-thirds of the total value of their exports to Africa with AED 2.05 billion ($558 million), followed by Sub-Saharan Africa.

The value of members'