Dubai Trade surpasses 300m transactions - GulfToday

Dubai Trade surpasses 300m transactions


Dubai Trade has consistently demonstrated robust growth since it was formed.

Dubai Trade, the leading trade facilitation hub in the UAE, has crossed 300 million transactions since the platform was established in 2003, eliminating approximately 617 million printed documents and saving 25,400 metric tonnes of CO2 emissions.

The achievement comes on the back of a record-setting year in 2023, with Dubai Trade registering 32.6 million transactions compared to 26 million the year before, representing a 25 per cent increase. Out of these, 48 per cent of the transactions were related to clearance and border controls, with 44 per cent falling under cargo handling and logistics.

Dubai Trade, the digital arm of DP World in the GCC region, has consistently demonstrated robust growth since it was formed, with an average 8 per cent year-on-year increase in annual digital transactions since 2003. Today, Dubai Trade facilitates nearly 90,000 transactions daily.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said, “Dubai Trade’s remarkable growth since 2003 reflects our strategic focus on improving the flow of trade through digitalisation, which is aligned with Dubai’s Economic Agenda D33. By integrating key stakeholders and driving trade activity through our single window platform, we have significantly enhanced trade efficiencies, contributing to Dubai’s non-oil foreign trade target and supporting sustainability objectives at the same time.”

Mohamed AbuHamra, Chief Operating Officer, Digital Technology, DP World GCC, said, “We are thrilled to pass the 300 million transactions mark, which is a testament to the pivotal role Dubai Trade has played in supporting economic activity and digitalising the trade and logistics industry in Dubai over the past two decades. Our ongoing investment in digital infrastructure and smart solutions is geared towards making cross-border trade in Dubai seamless, faster and more accessible and we look forward to even more success as we continue to transform our single window platform.”

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