UAE - Mubasher: Dubai Chamber has launched a new online business intelligence tool to enable traders in Dubai to explore opportunities for exporting commodities to 30 promising markets across the MENA region, Asia, Africa, and Europe.
Through the new tool, exporters will benefit from $10.5 billion worth of untapped opportunities across 26 major commodities listed on the platform, according to a press release on Monday.
The analysis is based on the export potential indicator, produced by the International Trade Center (ITC), which focuses on the untapped export potential by considering an exporter's supply, the target market's demand, market access conditions, and bilateral trade relations.
The President and CEO of Dubai Chamber, Hamad Buamim, commented that the new tool is in line with Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister, and Ruler of Dubai, to raise Dubai’s foreign trade from AED 1.4 trillion to AED 2 trillion over the next five years.
Buamim added: "By identifying the markets that offer most trade potential, we are giving our members access to exciting export opportunities that can help them expand their global reach."
