Dubai Customs achieves 13% growth up to end of Q3

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Dubai Customs has experienced significant growth with 21.6 million transactions during the first nine months of this year, a 13 per cent increase.

In the same period of last year,19 million transactions were recorded.

The upswing aligns with the targets of Dubai’s economic agenda D33, which seeks to double foreign trade and establish new trade routes, connecting Dubai with 400 additional cities worldwide.

His Excellency Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, emphasised the goal is to position Dubai as one of the top four global financial hubs, fostering economic productivity through innovation and digital integration.

Customs declarations constituted 87 per cent of the total customs transactions. By the end of the third quarter of 2023, Dubai Customs had processed approximately 18.8 million customs declarations, compared to 16.6 million declarations during the same period last year, reflecting a growth of 13.2 per cent.

Dubai Customs' digital programs are capable of handling around 70,000 customs declarations in a single day.

The government department is progressing with its Cargo Status Tracking initiative, tracking the status of shipments from arrival to release to improve efficiency, reduce costs for customs authorities and traders, and empower customers to take subsequent actions based on the information provided.

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