Dubai Chamber members trading in Asian markets remain resilient – Gulf Today

Dubai Chamber members trading in Asian markets remain resilient – Gulf Today

The total value of Dubai Chamber members' Certificates of Origin (COOs) targeting Southeast Asian markets during the month of April 2020 reached Dhs 652.3 million, with overall activity in this region registering a 34 per cent year-on-year (y-o-y) growth rate for the same month, and a 119% month-on-month (m-o-m) growth rate.. The report identified Singapore as the top Southeast Asian market for Dubai Chamber members in April, with the value of COOs targeting the country reaching Dhs 407.5 million, marking y-o-y growth of 93% and m-o-m growth of 202%.. Indonesia was next most significant market in Southeast Asia for Dubai Chamber members with COOs valued at Dhs 75 million, representing a y-o-y growth of 9% and m-o-m growth of 136%.. Top exports to South Korea from Dubai Chamber members included mineral products, unwrought aluminium, copper waste/scrap, and aluminium waste/scrap..