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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202002

 1.  Overview the trade of BAHRAIN in goods current year until 202002

According to Dalian Infobank, in 202002BAHRAIN's exports and imports of goods amounted to 1770.2148 million, and were up 11.32% comparing with the same period of last year. Among these, exports were up 9.35% at 721.2909 million, and imports were up 12.71% at 1048.9239 million. And the corresponding trade deficit was 327.6330 million and up 20.87%.

During the current year until 202002, BAHRAIN's total exports and imports of goods were 3577.6572 million and were up 12.46% comparing to the same period of last year. Among these, exports were 1344.2086 million and up 6.66%; imports were 2233.4486 million and up 16.26%. The total trade deficit was 889.2401 million and up 34.55%.

If considering by country (region), SAUDI ARABIA, UNITED ARAB EMIRATES, CHINA, UNITED STATES, BRAZIL were BAHRAIN's top five trading partners. During the current year until 202002, BAHRAIN's imports and exports to five countries/territories were 523.2424 million, 404.9924 million, 356.0553 million, 257.1819 million, 194.8346 million. These values correspond to 14.63%, 11.32%, 9.95%, 7.19%, 5.45% of BAHRAIN's imports and exports, and, respectively, were up 28.14%, up 7.61%, up 10.96%, up 9.64%, up 49.04% comparing to the same period of last year.

Current year until 202002, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, UNITED STATES, OMAN, EGYPT are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202002, BAHRAIN's exports to these five countries/territories were 357.3068 million, 258.5260 million, 96.2191 million, 88.3952 million, 64.6752 million. These values correspond to 26.58%, 19.23%, 7.16%, 6.58%, 4.81% of BAHRAIN's exports and, respectively, were up 19.86%, up 11.87%, down 23.01%, up 8.06%, down 2.48% comparing with the same period of last year.

Current year until 202002, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202002, BAHRAIN's imports from these five countries/territories were 328.4370 million, 172.8500 million, 165.9356 million, 160.9628 million, 146.4664 million. These values correspond to 14.71%, 7.74%, 7.43%, 7.21%, 6.56% of BAHRAIN's total imports and, respectively, were up 15.04%, up 46.90%, up 50.53%, up 46.89%, up 0.84% comparing with the same period of last year.

During the current year until 202002, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED ARAB EMIRATES, OMAN, EGYPT, NETHERLANDS at 191.3711 million, 112.0595 million, 56.0445 million, 48.3735 million, 43.0234 million, and up 1.87%, up 30.51%, down 9.60%, down 6.82%, down 460.02%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 300.8186 million, 150.8655 million, 127.1718 million, 112.4784 million, 85.6192 million, and up 20.26%, up 44.24%, down 13.75%, up 15.01%, up 20.43%.

Current year until 202002, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 84, 76, 85, 87, 26, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 406.4431 million, 325.9784 million, 303.0463 million, 281.4243 million, 237.4952 million, which were up 50.15%, down 2.45%, up 53.27%, up 9.89%, down 27.59% comparing with the same period of last year and account for 11.36%, 9.11%, 8.47%, 7.87%, 6.64% of BAHRAIN's total imports and exports.

During the current year until 202002, 76, 71, 84, 26, 73 were BAHRAIN's top five traded commodities, with total import and export values of 289.9906 million, 120.9036 million, 113.0579 million, 108.9141 million, 90.1002 million. These values correspond to 21.57%, 8.99%, 8.41%, 8.10%, 6.70% of BAHRAIN's total exports and, respectively, were up 4.21%, up 62.39%, up 22.12%, down 37.34%, up 51.41% comparing to the same period of last year.

During the current year until 202002, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 293.3852 million, 278.7746 million, 199.0892 million, 168.4763 million, 128.5811 million. These values correspond to 13.14%, 12.48%, 8.91%, 7.54%, 5.76% of BAHRAIN's total exports and, respectively, were up 64.71%, up 57.12%, up 6.03%, up 3.14%, down 16.59% comparing to the same period of last year.


2. Current year until 202002, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202002, BAHRAIN-China binational exports and imports of goods amounted to 356.0553 million and were up 10.96% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 27.6183 million and down 21.92%, imports from China to BAHRAIN were 328.4370 million and up 15.04%. The total binational trade deficit was 300.8186 million and up 20.26%.

During the urrent year until 202002, commodities with hs2 code, 85, 84, 87, 73, 27, were binational trade's top five traded commodities. They correspond to import and export values of 87.6573 million, 55.2861 million, 38.0162 million, 28.8386 million, 14.5268 million and makes up 24.62%, 15.53%, 10.68%, 8.10%, 4.08% of the total binational imports and exports. These values were also up 6.39%, up 17.89%, up 9.00%, up 318.31%, down 2.08% comparing to the same period last year.

During the current year until 202002, 87, 69, 76, 63, 39 were the top five traded commodities exported to China from BAHRAIN, with export values of 25.9115 million, 0.3921 million, 0.3275 million, 0.3230 million, 0.1915 million. These values account for 93.82%, 1.42%, 1.19%, 1.17%, 0.69% of BAHRAIN's total exports and were down 5.56%, down 46.16%, 0, 0, down 7.98% comparing to the same period of last year.

During the current year until 202002, 85, 84, 73, 27, 62 were BAHRAIN's top five traded commodities importing from China , with import values of 87.5643 million, 55.2861 million, 28.8386 million, 14.5268 million, 13.3880 million. These values account for 26.66%, 16.83%, 8.78%, 4.42%, 4.08% of BAHRAIN's total imports and were up 6.27%, up 17.89%, up 318.31%, up 0.54%, up 33.47% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO