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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202006

 1.  Overview the trade of BAHRAIN in goods current year until 202006

According to Dalian Infobank, in 202006BAHRAIN's exports and imports of goods amounted to 1781.2053 million, and were up 6.75% comparing with the same period of last year. Among these, exports were up 6.23% at 645.7090 million, and imports were up 7.05% at 1135.4963 million. And the corresponding trade deficit was 489.7874 million and up 8.15%.

During the current year until 202006, BAHRAIN's total exports and imports of goods were 10372.7954 million and were down 2.04% comparing to the same period of last year. Among these, exports were 3958.3627 million and down 4.42%; imports were 6414.4327 million and down 0.50%. The total trade deficit was 2456.0701 million and up 6.54%.

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 202006, BAHRAIN's imports and exports to five countries/territories were 1482.2032 million, 1025.4415 million, 935.8840 million, 773.2692 million, 500.7184 million. These values correspond to 14.29%, 9.89%, 9.02%, 7.45%, 4.83% of BAHRAIN's imports and exports, and, respectively, were up 2.02%, down 1.90%, down 19.74%, down 9.02%, down 5.88% comparing to the same period of last year.

Current year until 202006, 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 202006, BAHRAIN's exports to these five countries/territories were 1021.5223 million, 540.2906 million, 356.8635 million, 242.9759 million, 217.3061 million. These values correspond to 25.81%, 13.65%, 9.02%, 6.14%, 5.49% of BAHRAIN's exports and, respectively, were down 0.18%, down 20.51%, down 19.44%, up 259.15%, down 11.62% comparing with the same period of last year.

Current year until 202006, 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 202006, BAHRAIN's imports from these five countries/territories were 932.5659 million, 467.0905 million, 460.6809 million, 427.7203 million, 416.4057 million. These values correspond to 14.54%, 7.28%, 7.18%, 6.67%, 6.49% of BAHRAIN's total imports and, respectively, were up 6.54%, down 6.61%, up 7.29%, down 10.85%, up 2.32% comparing with the same period of last year.

During the current year until 202006, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, NETHERLANDS, UNITED ARAB EMIRATES, OMAN, EGYPT at 560.8415 million, 183.2715 million, 144.6972 million, 143.3993 million, 133.9510 million, and down 5.58%, down 6184.81%, down 25.15%, down 7.13%, down 33.58%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 839.6903 million, 433.4626 million, 389.3892 million, 367.8847 million, 270.7328 million, and up 19.05%, down 7.44%, down 17.01%, up 8.66%, up 14.49%.

Current year until 202006, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 1316.7200 million, 1240.9727 million, 854.9456 million, 810.9709 million, 717.6124 million, which were up 17.13%, up 34.27%, down 37.61%, down 2.19%, up 14.81% comparing with the same period of last year and account for 12.69%, 11.96%, 8.24%, 7.82%, 6.92% of BAHRAIN's total imports and exports.

During the current year until 202006, 76, 26, 84, 87, 72 were BAHRAIN's top five traded commodities, with total import and export values of 1240.7083 million, 414.1321 million, 290.3208 million, 247.3315 million, 202.0154 million. These values correspond to 31.34%, 10.46%, 7.33%, 6.25%, 5.10% of BAHRAIN's total exports and, respectively, were up 28.79%, down 45.71%, up 39.45%, up 9.84%, down 13.34% comparing to the same period of last year.

During the current year until 202006, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 950.6519 million, 649.0255 million, 563.6394 million, 502.1505 million, 440.8135 million. These values correspond to 14.82%, 10.12%, 8.79%, 7.83%, 6.87% of BAHRAIN's total exports and, respectively, were up 32.76%, up 16.01%, down 6.67%, down 0.84%, down 27.46% comparing to the same period of last year.


2. Current year until 202006, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202006, BAHRAIN-China binational exports and imports of goods amounted to 1025.4415 million and were down 1.90% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 92.8756 million and down 45.36%, imports from China to BAHRAIN were 932.5659 million and up 6.54%. The total binational trade deficit was 839.6903 million and up 19.05%.

During the urrent year until 202006, commodities with hs2 code, 85, 84, 87, 73, 62, were binational trade's top five traded commodities. They correspond to import and export values of 234.6062 million, 169.4472 million, 116.3281 million, 59.8535 million, 52.3395 million and makes up 22.88%, 16.52%, 11.34%, 5.84%, 5.10% of the total binational imports and exports. These values were also up 10.90%, down 6.09%, down 12.66%, up 64.54%, up 57.96% comparing to the same period last year.

During the current year until 202006, 87, 84, 69, 32, 85 were the top five traded commodities exported to China from BAHRAIN, with export values of 83.2900 million, 5.1097 million, 1.1081 million, 0.7098 million, 0.5979 million. These values account for 89.68%, 5.50%, 1.19%, 0.76%, 0.64% of BAHRAIN's total exports and were down 20.13%, down 67.08%, down 45.12%, up 237.68%, up 1884.48% comparing to the same period of last year.

During the current year until 202006, 85, 84, 73, 62, 63 were BAHRAIN's top five traded commodities importing from China , with import values of 234.0082 million, 164.3375 million, 59.8534 million, 52.3378 million, 46.6656 million. These values account for 25.09%, 17.62%, 6.42%, 5.61%, 5.00% of BAHRAIN's total imports and were up 10.63%, down 0.35%, up 64.58%, up 57.95%, up 681.33% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO