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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202003

 1.  Overview the trade of BAHRAIN in goods current year until 202003

According to Dalian Infobank, in 202003BAHRAIN's exports and imports of goods amounted to 1873.8374 million, and were down 5.25% comparing with the same period of last year. Among these, exports were down 2.69% at 798.3795 million, and imports were down 7.06% at 1075.4579 million. And the corresponding trade deficit was 277.0784 million and down 17.69%.

During the current year until 202003, BAHRAIN's total exports and imports of goods were 5451.4946 million and were up 5.67% comparing to the same period of last year. Among these, exports were 2142.5880 million and up 2.97%; imports were 3308.9065 million and up 7.49%. The total trade deficit was 1166.3185 million and up 16.92%.

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 202003, BAHRAIN's imports and exports to five countries/territories were 820.2388 million, 555.4434 million, 460.9276 million, 424.5906 million, 281.3304 million. These values correspond to 15.05%, 10.19%, 8.46%, 7.79%, 5.16% of BAHRAIN's imports and exports, and, respectively, were up 15.27%, down 9.43%, down 11.75%, up 9.12%, up 16.52% comparing to the same period of last year.

Current year until 202003, 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 202003, BAHRAIN's exports to these five countries/territories were 569.9785 million, 339.9206 million, 200.0751 million, 139.8921 million, 133.6700 million. These values correspond to 26.60%, 15.86%, 9.34%, 6.53%, 6.24% of BAHRAIN's exports and, respectively, were up 13.23%, down 7.79%, down 2.08%, up 20.53%, up 628.56% comparing with the same period of last year.

Current year until 202003, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, SAUDI ARABIA, AUSTRALIA, UNITED STATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202003, BAHRAIN's imports from these five countries/territories were 415.6095 million, 256.8054 million, 250.2602 million, 235.1200 million, 224.5155 million. These values correspond to 12.56%, 7.76%, 7.56%, 7.11%, 6.79% of BAHRAIN's total imports and, respectively, were down 0.90%, up 15.11%, up 20.20%, up 16.47%, up 21.51% comparing with the same period of last year.

During the current year until 202003, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED ARAB EMIRATES, NETHERLANDS, OMAN, EGYPT at 319.7183 million, 124.3978 million, 105.8434 million, 98.2779 million, 57.9947 million, and up 8.31%, up 0.28%, down 662.96%, up 49.87%, down 46.26%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 370.2913 million, 232.2804 million, 216.3189 million, 172.4987 million, 134.1366 million, and up 17.00%, up 13.44%, up 9.72%, up 2.84%, up 19.57%.

Current year until 202003, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 84, 76, 26, 87, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 605.9309 million, 573.9403 million, 464.0924 million, 420.4093 million, 404.1212 million, which were up 37.40%, up 4.94%, down 27.34%, up 0.06%, up 30.41% comparing with the same period of last year and account for 11.11%, 10.53%, 8.51%, 7.71%, 7.41% of BAHRAIN's total imports and exports.

During the current year until 202003, 76, 26, 84, 71, 87 were BAHRAIN's top five traded commodities, with total import and export values of 528.4758 million, 223.8328 million, 176.5045 million, 136.1629 million, 124.9310 million. These values correspond to 24.67%, 10.45%, 8.24%, 6.36%, 5.83% of BAHRAIN's total exports and, respectively, were up 15.69%, down 38.83%, up 25.89%, up 24.09%, up 7.45% comparing to the same period of last year.

During the current year until 202003, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 429.4263 million, 358.0164 million, 295.4783 million, 265.5395 million, 240.2597 million. These values correspond to 12.98%, 10.82%, 8.93%, 8.02%, 7.26% of BAHRAIN's total exports and, respectively, were up 42.76%, up 28.85%, down 2.77%, up 17.32%, down 11.92% comparing to the same period of last year.


2. Current year until 202003, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202003, BAHRAIN-China binational exports and imports of goods amounted to 460.9276 million and were down 11.75% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 45.3181 million and down 55.96%, imports from China to BAHRAIN were 415.6095 million and down 0.90%. The total binational trade deficit was 370.2913 million and up 17.00%.

During the urrent year until 202003, 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 108.5095 million, 70.1302 million, 59.6584 million, 32.3497 million, 21.2922 million and makes up 23.54%, 15.22%, 12.94%, 7.02%, 4.62% of the total binational imports and exports. These values were also down 5.88%, down 20.86%, down 2.77%, up 182.26%, down 15.26% comparing to the same period last year.

During the current year until 202003, 87, 69, 32, 76, 63 were the top five traded commodities exported to China from BAHRAIN, with export values of 43.0582 million, 0.3921 million, 0.3349 million, 0.3275 million, 0.3230 million. These values account for 95.01%, 0.87%, 0.74%, 0.72%, 0.71% of BAHRAIN's total exports and were down 16.82%, down 60.26%, up 117.25%, 0, 0 comparing to the same period of last year.

During the current year until 202003, 85, 84, 73, 27, 62 were BAHRAIN's top five traded commodities importing from China , with import values of 108.4165 million, 70.0379 million, 32.3497 million, 21.2922 million, 17.8033 million. These values account for 26.09%, 16.85%, 7.78%, 5.12%, 4.28% of BAHRAIN's total imports and were down 5.96%, down 4.74%, up 182.26%, down 13.04%, up 4.15% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO