The Umm Al Qaiwain Chamber of Commerce and Industry announced that the value of its members’ exports and re-exports reached over AED 15.1 billion in 2024, representing a growth of 399 percent compared to 2023.
According to
Amac News: Based on the chamber’s announcement, this achievement reflects the sustained economic growth in Umm Al Qaiwain and its efforts to strengthen economic diversification and become a leading investment destination in the region.
According to the announcement, food products, insulation materials, paper and chemicals topped the list of exported and re-exported goods by the chamber’s members last year.
The main importing countries included Saudi Arabia, the United States, Qatar, Kuwait and Iraq, reflecting the diversity of target markets and the growing demand for Umm Al Quwain’s products.
According to the Umm Al Qaiwain Chamber of Commerce, the total number of commercial and industrial licenses issued in 2024 reached 29,181. The chamber stressed that the significant growth in exports last year is a sign of its continuous efforts to strengthen and support the local economy.
The chamber’s statistics show that exports will exceed 25 billion dirhams in 2025. The chamber seeks to increase these figures by expanding its trade network with different countries and attracting foreign direct investments to ensure economic growth and progress in the years to come.