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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202008

 1.  Overview the trade of BAHRAIN in goods current year until 202008

According to Dalian Infobank, in 202008BAHRAIN's exports and imports of goods amounted to 1757.7536 million, and were up 4.31% comparing with the same period of last year. Among these, exports were down 3.38% at 622.2428 million, and imports were up 9.07% at 1135.5107 million. And the corresponding trade deficit was 513.2679 million and up 29.28%.

During the current year until 202008, BAHRAIN's total exports and imports of goods were 13784.4111 million and were down 4.27% comparing to the same period of last year. Among these, exports were 5228.1899 million and down 6.62%; imports were 8556.2212 million and down 2.77%. The total trade deficit was 3328.0313 million and up 3.97%.

If considering by country (region), SAUDI ARABIA, CHINA, UNITED ARAB EMIRATES, UNITED STATES, AUSTRALIA were BAHRAIN's top five trading partners. During the current year until 202008, BAHRAIN's imports and exports to five countries/territories were 1959.6087 million, 1298.5588 million, 1166.5537 million, 981.6413 million, 631.1403 million. These values correspond to 14.22%, 9.42%, 8.46%, 7.12%, 4.58% of BAHRAIN's imports and exports, and, respectively, were up 1.79%, down 18.01%, down 23.58%, down 12.99%, down 5.05% comparing to the same period of last year.

Current year until 202008, 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 202008, BAHRAIN's exports to these five countries/territories were 1352.1471 million, 653.1847 million, 466.9024 million, 320.2277 million, 298.0785 million. These values correspond to 25.86%, 12.49%, 8.93%, 6.13%, 5.70% of BAHRAIN's exports and, respectively, were down 0.51%, down 27.51%, down 22.32%, up 4.41%, up 105.26% comparing with the same period of last year.

Current year until 202008, BAHRAIN's exports to top five countries/territories CHINA, SAUDI ARABIA, AUSTRALIA, BRAZIL, UNITED STATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202008, BAHRAIN's imports from these five countries/territories were 1182.9854 million, 607.4616 million, 584.9910 million, 579.6381 million, 514.7389 million. These values correspond to 13.83%, 7.10%, 6.84%, 6.77%, 6.02% of BAHRAIN's total imports and, respectively, were down 10.37%, up 7.30%, down 7.59%, down 5.25%, down 2.36% comparing with the same period of last year.

During the current year until 202008, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, OMAN, NETHERLANDS, EGYPT, UNITED ARAB EMIRATES at 744.6855 million, 227.4755 million, 222.3319 million, 147.6754 million, 139.8157 million, and down 6.08%, up 21.23%, up 301.30%, down 38.18%, down 49.28%. And the trade deficits were mainly from CHINA, AUSTRALIA, BRAZIL, JAPAN, SWITZERLAND at 1067.4119 million, 538.8417 million, 529.6171 million, 425.3908 million, 414.2384 million, and up 1.09%, down 10.40%, down 5.59%, down 5.44%, up 103.82%.

Current year until 202008, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202008,  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 1865.7098 million, 1801.6897 million, 1054.5230 million, 957.9233 million, 949.0408 million, which were up 43.22%, up 11.81%, down 40.20%, down 14.71%, up 9.21% comparing with the same period of last year and account for 13.53%, 13.07%, 7.65%, 6.95%, 6.88% of BAHRAIN's total imports and exports.

During the current year until 202008, 76, 26, 72, 84, 87 were BAHRAIN's top five traded commodities, with total import and export values of 1710.8093 million, 489.7166 million, 384.1439 million, 363.6958 million, 293.2007 million. These values correspond to 32.72%, 9.37%, 7.35%, 6.96%, 5.61% of BAHRAIN's total exports and, respectively, were up 21.66%, down 48.38%, up 15.93%, up 30.53%, down 7.83% comparing to the same period of last year.

During the current year until 202008, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 1502.0140 million, 853.2051 million, 664.7226 million, 659.8105 million, 564.8064 million. These values correspond to 17.55%, 9.97%, 7.77%, 7.71%, 6.60% of BAHRAIN's total exports and, respectively, were up 46.68%, up 9.68%, down 17.42%, down 0.78%, down 30.68% comparing to the same period of last year.


2. Current year until 202008, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202008, BAHRAIN-China binational exports and imports of goods amounted to 1298.5588 million and were down 18.01% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 115.5734 million and down 56.21%, imports from China to BAHRAIN were 1182.9854 million and down 10.37%. The total binational trade deficit was 1067.4119 million and up 1.09%.

During the urrent year until 202008, 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 306.7758 million, 228.7106 million, 140.7434 million, 71.0414 million, 60.6293 million and makes up 23.62%, 17.61%, 10.84%, 5.47%, 4.67% of the total binational imports and exports. These values were also up 17.46%, down 0.45%, down 18.12%, up 25.63%, up 38.76% comparing to the same period last year.

During the current year until 202008, 87, 84, 76, 69, 32 were the top five traded commodities exported to China from BAHRAIN, with export values of 101.1519 million, 5.2267 million, 4.7056 million, 1.1081 million, 0.7457 million. These values account for 87.52%, 4.52%, 4.07%, 0.96%, 0.65% of BAHRAIN's total exports and were down 24.12%, down 66.33%, up 2151.59%, down 57.88%, up 182.34% comparing to the same period of last year.

During the current year until 202008, 85, 84, 73, 62, 63 were BAHRAIN's top five traded commodities importing from China , with import values of 306.1470 million, 223.4840 million, 71.0412 million, 60.6276 million, 50.6424 million. These values account for 25.88%, 18.89%, 6.01%, 5.12%, 4.28% of BAHRAIN's total imports and were up 17.23%, up 4.33%, up 25.65%, up 38.75%, up 550.38% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO