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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202007

 1.  Overview the trade of BAHRAIN in goods current year until 202007

According to Dalian Infobank, in 202007BAHRAIN's exports and imports of goods amounted to 1653.8621 million, and were down 22.19% comparing with the same period of last year. Among these, exports were down 20.39% at 647.5844 million, and imports were down 23.31% at 1006.2777 million. And the corresponding trade deficit was 358.6933 million and down 28.08%.

During the current year until 202007, BAHRAIN's total exports and imports of goods were 12026.6575 million and were down 5.41% comparing to the same period of last year. Among these, exports were 4605.9471 million and down 7.05%; imports were 7420.7104 million and down 4.36%. The total trade deficit was 2814.7634 million and up 0.38%.

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 202007, BAHRAIN's imports and exports to five countries/territories were 1693.9908 million, 1173.6001 million, 1055.6460 million, 870.4102 million, 558.6687 million. These values correspond to 14.09%, 9.76%, 8.78%, 7.24%, 4.65% of BAHRAIN's imports and exports, and, respectively, were down 1.58%, down 16.27%, down 22.08%, down 14.46%, down 8.08% comparing to the same period of last year.

Current year until 202007, 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 202007, BAHRAIN's exports to these five countries/territories were 1161.4917 million, 601.7658 million, 403.2345 million, 282.1974 million, 281.1398 million. These values correspond to 25.22%, 13.06%, 8.75%, 6.13%, 6.10% of BAHRAIN's exports and, respectively, were down 5.44%, down 24.18%, down 26.47%, down 1.27%, up 159.51% comparing with the same period of last year.

Current year until 202007, BAHRAIN's exports to top five countries/territories CHINA, SAUDI ARABIA, BRAZIL, 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 202007, BAHRAIN's imports from these five countries/territories were 1072.5801 million, 532.4991 million, 514.2245 million, 488.2889 million, 467.1757 million. These values correspond to 14.45%, 7.18%, 6.93%, 6.58%, 6.30% of BAHRAIN's total imports and, respectively, were down 10.68%, up 8.05%, down 8.98%, down 16.52%, down 0.41% comparing with the same period of last year.

During the current year until 202007, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, NETHERLANDS, OMAN, UNITED ARAB EMIRATES, EGYPT at 628.9926 million, 212.9000 million, 197.7059 million, 147.8855 million, 143.1281 million, and down 14.48%, up 701.23%, up 7.24%, down 36.41%, down 37.41%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 971.5602 million, 469.7803 million, 445.4057 million, 398.8737 million, 312.6754 million, and down 2.84%, down 10.03%, down 19.70%, down 0.34%, up 8.76%.

Current year until 202007, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 1569.3868 million, 1451.5033 million, 978.0252 million, 890.8303 million, 833.2379 million, which were up 13.44%, up 30.18%, down 37.52%, down 9.43%, up 13.10% comparing with the same period of last year and account for 13.05%, 12.07%, 8.13%, 7.41%, 6.93% of BAHRAIN's total imports and exports.

During the current year until 202007, 76, 26, 84, 72, 87 were BAHRAIN's top five traded commodities, with total import and export values of 1485.1254 million, 464.4346 million, 329.4176 million, 282.6580 million, 268.5198 million. These values correspond to 32.24%, 10.08%, 7.15%, 6.14%, 5.83% of BAHRAIN's total exports and, respectively, were up 23.24%, down 45.43%, up 30.54%, down 7.21%, down 1.55% comparing to the same period of last year.

During the current year until 202007, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 1122.0858 million, 751.1382 million, 622.3105 million, 563.7455 million, 513.5906 million. These values correspond to 15.12%, 10.12%, 8.39%, 7.60%, 6.92% of BAHRAIN's total exports and, respectively, were up 30.07%, up 14.38%, down 12.45%, down 6.23%, down 28.11% comparing to the same period of last year.


2. Current year until 202007, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202007, BAHRAIN-China binational exports and imports of goods amounted to 1173.6001 million and were down 16.27% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 101.0200 million and down 49.69%, imports from China to BAHRAIN were 1072.5801 million and down 10.68%. The total binational trade deficit was 971.5602 million and down 2.84%.

During the urrent year until 202007, 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 276.9100 million, 202.2433 million, 127.7951 million, 67.1044 million, 57.3203 million and makes up 23.59%, 17.23%, 10.89%, 5.72%, 4.88% of the total binational imports and exports. These values were also up 15.53%, down 3.29%, down 18.05%, up 38.94%, up 45.71% comparing to the same period last year.

During the current year until 202007, 87, 84, 69, 32, 85 were the top five traded commodities exported to China from BAHRAIN, with export values of 91.1200 million, 5.1983 million, 1.1081 million, 0.7457 million, 0.6237 million. These values account for 90.20%, 5.15%, 1.10%, 0.74%, 0.62% of BAHRAIN's total exports and were down 24.65%, down 66.51%, down 51.78%, up 182.34%, up 1970.03% comparing to the same period of last year.

During the current year until 202007, 85, 84, 73, 62, 63 were BAHRAIN's top five traded commodities importing from China , with import values of 276.2863 million, 197.0451 million, 67.1041 million, 57.3186 million, 48.8784 million. These values account for 25.76%, 18.37%, 6.26%, 5.34%, 4.56% of BAHRAIN's total imports and were up 15.29%, up 1.78%, up 38.97%, up 45.70%, up 598.97% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO