( MENAFN - Dubai PR Network - )Export and re-exports bound for Latin American markets up 69% y-o-y in first quarter of 2021, according to new data released by Dubai Chamber.
- Brazil accounted for the largest share of issued certificates of origin in Q1, or 36%, followed by Mexico with 26%.
- Untapped export potential in UAE exports to Latin America estimated at over $545 million a year.
Dubai, UAE: The value of Dubai Chamber members exports and re-exports to Latin America surged 69% to reach a record $60.5 million in the first quarter of 2021, a trend supported by increased activity among companies in Dubai that are already trading with the region.