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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202005

 1.  Overview the trade of BAHRAIN in goods current year until 202005

According to Dalian Infobank, in 202005BAHRAIN's exports and imports of goods amounted to 1580.8441 million, and were down 14.54% comparing with the same period of last year. Among these, exports were down 21.72% at 574.7848 million, and imports were down 9.82% at 1006.0593 million. And the corresponding trade deficit was 431.2745 million and up 13.07%.

During the current year until 202005, BAHRAIN's total exports and imports of goods were 8591.5900 million and were down 3.68% comparing to the same period of last year. Among these, exports were 3312.6537 million and down 6.26%; imports were 5278.9364 million and down 1.99%. The total trade deficit was 1966.2827 million and up 6.15%.

If considering by country (region), SAUDI ARABIA, CHINA, UNITED ARAB EMIRATES, UNITED STATES, BRAZIL were BAHRAIN's top five trading partners. During the current year until 202005, BAHRAIN's imports and exports to five countries/territories were 1219.2867 million, 831.5378 million, 796.2381 million, 638.7332 million, 422.6703 million. These values correspond to 14.19%, 9.68%, 9.27%, 7.43%, 4.92% of BAHRAIN's imports and exports, and, respectively, were down 4.77%, down 5.19%, down 21.42%, down 10.24%, down 1.30% comparing to the same period of last year.

Current year until 202005, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, UNITED STATES, NETHERLANDS, OMAN are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202005, BAHRAIN's exports to these five countries/territories were 836.5939 million, 469.2434 million, 294.3648 million, 210.7576 million, 201.7112 million. These values correspond to 25.25%, 14.17%, 8.89%, 6.36%, 6.09% of BAHRAIN's exports and, respectively, were down 8.92%, down 21.73%, down 20.05%, up 406.83%, down 5.36% comparing with the same period of last year.

Current year until 202005, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, AUSTRALIA, SAUDI ARABIA, UNITED STATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202005, BAHRAIN's imports from these five countries/territories were 755.4790 million, 393.0186 million, 384.6574 million, 382.6928 million, 344.3683 million. These values correspond to 14.31%, 7.45%, 7.29%, 7.25%, 6.52% of BAHRAIN's total imports and, respectively, were up 4.09%, down 3.84%, up 0.51%, up 5.77%, up 0.29% comparing with the same period of last year.

During the current year until 202005, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, NETHERLANDS, UNITED ARAB EMIRATES, OMAN, EGYPT at 453.9010 million, 159.7564 million, 142.2487 million, 137.4102 million, 122.0905 million, and down 18.46%, down 951.01%, down 23.45%, up 6.25%, down 23.12%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 679.4203 million, 363.3669 million, 349.5607 million, 293.5172 million, 203.1958 million, and up 18.26%, down 6.63%, down 6.31%, up 5.45%, up 5.34%.

Current year until 202005, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 1078.1013 million, 964.7526 million, 730.5748 million, 649.6517 million, 600.5167 million, which were up 17.86%, up 23.96%, down 37.36%, down 6.51%, up 17.43% comparing with the same period of last year and account for 12.55%, 11.23%, 8.50%, 7.56%, 6.99% of BAHRAIN's total imports and exports.

During the current year until 202005, 76, 26, 84, 87, 72 were BAHRAIN's top five traded commodities, with total import and export values of 1013.0440 million, 356.5392 million, 245.0063 million, 176.8058 million, 175.0694 million. These values correspond to 30.58%, 10.76%, 7.40%, 5.34%, 5.28% of BAHRAIN's total exports and, respectively, were up 30.19%, down 47.50%, up 29.93%, down 6.76%, down 15.96% comparing to the same period of last year.

During the current year until 202005, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 719.7462 million, 539.1163 million, 472.8459 million, 463.2958 million, 374.0356 million. These values correspond to 13.63%, 10.21%, 8.96%, 8.78%, 7.09% of BAHRAIN's total exports and, respectively, were up 22.05%, up 18.61%, down 6.42%, up 13.51%, down 23.22% comparing to the same period of last year.


2. Current year until 202005, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202005, BAHRAIN-China binational exports and imports of goods amounted to 831.5378 million and were down 5.19% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 76.0587 million and down 49.72%, imports from China to BAHRAIN were 755.4790 million and up 4.09%. The total binational trade deficit was 679.4203 million and up 18.26%.

During the urrent year until 202005, 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 195.4187 million, 128.9890 million, 96.8576 million, 54.0018 million, 39.6873 million and makes up 23.50%, 15.51%, 11.65%, 6.49%, 4.77% of the total binational imports and exports. These values were also up 9.07%, down 9.59%, down 10.62%, up 85.56%, down 25.31% comparing to the same period last year.

During the current year until 202005, 87, 84, 69, 32, 85 were the top five traded commodities exported to China from BAHRAIN, with export values of 68.8966 million, 2.8511 million, 1.1081 million, 0.7098 million, 0.5805 million. These values account for 90.58%, 3.75%, 1.46%, 0.93%, 0.76% of BAHRAIN's total exports and were down 21.33%, down 81.63%, down 13.84%, up 360.51%, up 63197.11% comparing to the same period of last year.

During the current year until 202005, 85, 84, 73, 27, 63 were BAHRAIN's top five traded commodities importing from China , with import values of 194.8382 million, 126.1379 million, 54.0018 million, 39.6831 million, 36.6712 million. These values account for 25.79%, 16.70%, 7.15%, 5.25%, 4.85% of BAHRAIN's total imports and were up 8.75%, down 0.80%, up 85.62%, down 23.68%, up 610.46% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO