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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202001

 1.  Overview the trade of BAHRAIN in goods current year until 202001

According to Dalian Infobank, in 202001BAHRAIN's exports and imports of goods amounted to 1807.4423 million, and were up 13.59% comparing with the same period of last year. Among these, exports were up 3.71% at 622.9176 million, and imports were up 19.59% at 1184.5247 million. And the corresponding trade deficit was 561.6070 million and up 44.07%.

During the current year until 202001, BAHRAIN's total exports and imports of goods were 1807.4423 million and were up 13.59% comparing to the same period of last year. Among these, exports were 622.9176 million and up 3.71%; imports were 1184.5247 million and up 19.59%. The total trade deficit was 561.6070 million and up 44.07%.

If considering by country (region), SAUDI ARABIA, UNITED ARAB EMIRATES, CHINA, UNITED STATES, INDIA were BAHRAIN's top five trading partners. During the current year until 202001, BAHRAIN's imports and exports to five countries/territories were 246.0234 million, 195.4375 million, 189.1245 million, 132.2780 million, 87.2017 million. These values correspond to 13.61%, 10.81%, 10.46%, 7.32%, 4.82% of BAHRAIN's imports and exports, and, respectively, were up 7.88%, down 15.60%, up 17.15%, up 25.53%, up 12.69% comparing to the same period of last year.

Current year until 202001, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, UNITED STATES, OMAN, NETHERLANDS are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202001, BAHRAIN's exports to these five countries/territories were 160.1140 million, 122.6347 million, 39.2064 million, 35.7696 million, 34.2595 million. These values correspond to 25.70%, 19.69%, 6.29%, 5.74%, 5.50% of BAHRAIN's exports and, respectively, were up 17.40%, down 8.79%, down 29.10%, up 55.20%, up 307.47% comparing with the same period of last year.

Current year until 202001, BAHRAIN's exports to top five countries/territories CHINA, UNITED STATES, SAUDI ARABIA, SOUTH KOREA, AUSTRALIA are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202001, BAHRAIN's imports from these five countries/territories were 176.9055 million, 93.0716 million, 85.9093 million, 76.9576 million, 76.6258 million. These values correspond to 14.93%, 7.86%, 7.25%, 6.50%, 6.47% of BAHRAIN's total imports and, respectively, were up 23.92%, up 85.84%, down 6.29%, up 504.78%, up 121.79% comparing with the same period of last year.

During the current year until 202001, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED ARAB EMIRATES, NETHERLANDS, OMAN, HONG KONG at 74.2047 million, 49.8319 million, 22.2651 million, 16.3053 million, 16.0473 million, and up 65.95%, up 33.41%, down 582.18%, up 43.58%, up 248.07%. And the trade deficits were mainly from CHINA, AUSTRALIA, SOUTH KOREA, BRAZIL, JAPAN at 164.6866 million, 73.5488 million, 67.9032 million, 66.2685 million, 62.9599 million, and up 32.73%, up 119.11%, down 6002.83%, up 1.67%, up 32.25%.

Current year until 202001, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 84, 85, 76, 87, 73, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 203.4639 million, 192.7195 million, 152.2700 million, 147.9260 million, 105.4750 million, which were up 64.11%, up 109.75%, down 10.29%, up 20.76%, up 130.30% comparing with the same period of last year and account for 11.26%, 10.66%, 8.42%, 8.18%, 5.84% of BAHRAIN's total imports and exports.

During the current year until 202001, 76, 71, 84, 87, 73 were BAHRAIN's top five traded commodities, with total import and export values of 130.4626 million, 63.0608 million, 56.2411 million, 38.8599 million, 38.4745 million. These values correspond to 20.94%, 10.12%, 9.03%, 6.24%, 6.18% of BAHRAIN's total exports and, respectively, were down 5.94%, up 52.02%, up 68.46%, up 21.31%, up 40.54% comparing to the same period of last year.

During the current year until 202001, 85, 84, 87, 28, 73 were BAHRAIN's top five traded commodities, with total import values of 177.2830 million, 147.2228 million, 109.0661 million, 69.6676 million, 67.0005 million. These values correspond to 14.97%, 12.43%, 9.21%, 5.88%, 5.66% of BAHRAIN's total exports and, respectively, were up 115.53%, up 62.51%, up 20.56%, up 45.11%, up 263.67% comparing to the same period of last year.


2. Current year until 202001, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202001, BAHRAIN-China binational exports and imports of goods amounted to 189.1245 million and were up 17.15% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 12.2190 million and down 34.58%, imports from China to BAHRAIN were 176.9055 million and up 23.92%. The total binational trade deficit was 164.6866 million and up 32.73%.

During the urrent year until 202001, commodities with hs2 code, 85, 84, 73, 87, 27, were binational trade's top five traded commodities. They correspond to import and export values of 50.3152 million, 24.2321 million, 21.6148 million, 19.7982 million, 9.0953 million and makes up 26.60%, 12.81%, 11.43%, 10.47%, 4.81% of the total binational imports and exports. These values were also up 43.87%, up 20.56%, up 424.71%, up 16.40%, up 6.57% comparing to the same period last year.

During the current year until 202001, 87, 69, 76, 39, 70 were the top five traded commodities exported to China from BAHRAIN, with export values of 11.2909 million, 0.3921 million, 0.1432 million, 0.1394 million, 0.0977 million. These values account for 92.41%, 3.21%, 1.17%, 1.14%, 0.80% of BAHRAIN's total exports and were down 6.91%, down 5.58%, 0, up 24.34%, down 70.03% comparing to the same period of last year.

During the current year until 202001, 85, 84, 73, 27, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 50.2222 million, 24.2321 million, 21.6148 million, 9.0953 million, 8.5072 million. These values account for 28.39%, 13.70%, 12.22%, 5.14%, 4.81% of BAHRAIN's total imports and were up 43.61%, up 20.57%, up 424.71%, up 10.53%, up 74.33% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO