Aed 9.470 Billion, The Total Value Of The Certificates Of Origin Issued By The Acci

Date: 27/04/2022


Aed 9.470 Billion, The Total Value Of The Certificates Of Origin Issued By The Acci

Mohamed Ali Al Janahi, Acting Director-General of the Ajman Chamber of Commerce and Industry (ACCI), revealed that the total number of certificates of origin issued by the ACCI during 2021 increased to 33,175 certificates, compared to 25,682 certificates during 2020, achieving growth of 29%. The total value of the products, for which certificates of origin was issued by the ACCI during 2021, amounted to AED 9.470 billion, compared to AED 4.763 billion during the previous year, with a growth rate of 99%, the value of exported products reached AED 1.809 billion, compared to AED 1.369 billion, with an increase of 32% during the year 2021, reflecting the growth of businesses during the past year and the increase in contracting deals concluded by the ACCI member establishments. Al Janahi added, "Industrial establishments topped the list in terms of the value of the products exported according to the data of certificates of origin registered with the ACCI during 2021. The products of industrial establishments constituted 82% of the total exports of the private sector during 2021, with a growth of 29% compared to the year 2020.” He explained that the products of ships and boats ranked first in the exports of the Emirate of Ajman abroad, while fish products came in the second rank. Al Janahi stated that the percentage of Ajman exports to the top 10 countries during 2021 amounted to about 65% of the total value of exported goods, as the United States is one of the largest countries receiving Ajman exports during 2021 with a relative importance of 15%, followed by Kingdom of Saudi Arabia by 13%; the Arab Republic of Egypt came in third place, with a relative importance of 8% of the total exports. He continued, "ACCI is keen to develop an annual plan to enhance its external cooperation with the world countries and implement events and forums that bring together business owners from Ajman and their counterparts from other countries to discuss partnership and cooperation opportunities and increase the volume of trade exchange." The ACCI also seeks, under the directives of its Board of Directors, to diversify its partnerships locally, regionally, and internationally with the authorities and bodies concerned with economic affairs and conclude supportive agreements to discover new foreign markets for Ajman products.