Dubai Trade platform surpasses 300-million transactions

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.

Dubai Trade was created to bring together various trade and logistics service providers under one digital platform. Today, it boasts a user base of over 180,000 traders and a comprehensive digital ecosystem offering more than 700 digital solutions, including customs clearance, government permits, port clearance certificates, company licensing, and free zone administrative services.

In 2023 alone, 22,420 new customers registered on the platform in 2023, marking an increase of 17 per cent in the number of new registrations in 2022. Also, the digital platform’s payment system, Rosoom, saw a 32 per cent increase in transactions, reaching 3.3 million in 2023 compared to 2.5 million in 2022. The total value of these payments grew by 40 per cent to more than Dh2 billion.