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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202004

 1.  Overview the trade of BAHRAIN in goods current year until 202004

According to Dalian Infobank, in 202004BAHRAIN's exports and imports of goods amounted to 1559.2514 million, and were down 18.41% comparing with the same period of last year. Among these, exports were down 17.19% at 595.2808 million, and imports were down 19.15% at 963.9705 million. And the corresponding trade deficit was 368.6897 million and down 22.13%.

During the current year until 202004, BAHRAIN's total exports and imports of goods were 7010.7459 million and were down 0.84% comparing to the same period of last year. Among these, exports were 2737.8689 million and down 2.20%; imports were 4272.8771 million and up 0.05%. The total trade deficit was 1535.0082 million and up 4.35%.

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 202004, BAHRAIN's imports and exports to five countries/territories were 1036.1161 million, 687.6743 million, 635.9226 million, 539.7555 million, 359.4880 million. These values correspond to 14.78%, 9.81%, 9.07%, 7.70%, 5.13% of BAHRAIN's imports and exports, and, respectively, were up 4.04%, down 16.84%, down 8.76%, down 1.21%, up 0.44% comparing to the same period of last year.

Current year until 202004, 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 202004, BAHRAIN's exports to these five countries/territories were 706.4258 million, 417.5346 million, 248.0868 million, 167.1534 million, 162.5787 million. These values correspond to 25.80%, 15.25%, 9.06%, 6.11%, 5.94% of BAHRAIN's exports and, respectively, were up 0.07%, down 14.93%, down 12.97%, down 2.36%, up 515.90% comparing with the same period of last year.

Current year until 202004, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, SAUDI ARABIA, UNITED STATES, AUSTRALIA are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202004, BAHRAIN's imports from these five countries/territories were 578.5861 million, 332.4410 million, 329.6903 million, 291.6687 million, 283.7307 million. These values correspond to 13.54%, 7.78%, 7.72%, 6.83%, 6.64% of BAHRAIN's total imports and, respectively, were up 1.19%, down 2.01%, up 13.70%, up 11.60%, up 1.37% comparing with the same period of last year.

During the current year until 202004, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED ARAB EMIRATES, NETHERLANDS, OMAN, EGYPT at 376.7356 million, 147.3949 million, 120.7045 million, 118.7409 million, 99.6643 million, and down 9.43%, down 4.67%, down 653.07%, up 20.02%, down 14.37%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 521.2496 million, 305.3941 million, 258.3432 million, 235.9341 million, 164.7433 million, and up 16.73%, down 4.75%, down 5.50%, up 2.58%, up 6.60%.

Current year until 202004, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202004,  commodities with hs2 codes, 76, 84, 26, 87, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 829.2052 million, 782.8745 million, 587.5711 million, 538.0426 million, 498.1034 million, which were up 15.55%, up 25.47%, down 35.09%, down 6.37%, up 21.01% comparing with the same period of last year and account for 11.83%, 11.17%, 8.38%, 7.67%, 7.10% of BAHRAIN's total imports and exports.

During the current year until 202004, 76, 26, 84, 73, 87 were BAHRAIN's top five traded commodities, with total import and export values of 774.5851 million, 283.5653 million, 211.0744 million, 154.2821 million, 142.1365 million. These values correspond to 28.29%, 10.36%, 7.71%, 5.64%, 5.19% of BAHRAIN's total exports and, respectively, were up 28.17%, down 43.59%, up 28.14%, up 11.53%, down 8.25% comparing to the same period of last year.

During the current year until 202004, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 571.8001 million, 446.0455 million, 395.9061 million, 336.2151 million, 304.0058 million. These values correspond to 13.38%, 10.44%, 9.27%, 7.87%, 7.11% of BAHRAIN's total exports and, respectively, were up 24.51%, up 21.40%, down 5.68%, up 7.82%, down 24.47% comparing to the same period of last year.


2. Current year until 202004, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202004, BAHRAIN-China binational exports and imports of goods amounted to 635.9226 million and were down 8.76% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 57.3365 million and down 54.21%, imports from China to BAHRAIN were 578.5861 million and up 1.19%. The total binational trade deficit was 521.2496 million and up 16.73%.

During the urrent year until 202004, 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 159.9713 million, 96.0635 million, 73.1118 million, 41.5766 million, 30.3181 million and makes up 25.16%, 15.11%, 11.50%, 6.54%, 4.77% of the total binational imports and exports. These values were also up 2.06%, down 17.21%, down 12.90%, up 131.45%, down 10.04% comparing to the same period last year.

During the current year until 202004, 87, 84, 69, 32, 85 were the top five traded commodities exported to China from BAHRAIN, with export values of 50.3804 million, 2.8267 million, 1.1081 million, 0.7098 million, 0.5804 million. These values account for 87.87%, 4.93%, 1.93%, 1.24%, 1.01% of BAHRAIN's total exports and were down 27.25%, down 81.75%, down 13.84%, up 360.51%, up 69182.98% comparing to the same period of last year.

During the current year until 202004, 85, 84, 73, 27, 62 were BAHRAIN's top five traded commodities importing from China , with import values of 159.3908 million, 93.2368 million, 41.5766 million, 30.3140 million, 25.4703 million. These values account for 27.55%, 16.11%, 7.19%, 5.24%, 4.40% of BAHRAIN's total imports and were up 1.69%, down 7.27%, up 131.57%, down 7.76%, up 10.67% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO