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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202012

 1.  Overview the trade of BAHRAIN in goods current year until 202012

According to Dalian Infobank, in 202012BAHRAIN's exports and imports of goods amounted to 1826.9158 million, and were down 9.18% comparing with the same period of last year. Among these, exports were down 5.55% at 699.1457 million, and imports were down 11.30% at 1127.7702 million. And the corresponding trade deficit was 428.6245 million and down 19.30%.

During the current year until 202012, BAHRAIN's total exports and imports of goods were 20810.4153 million and were down 3.12% comparing to the same period of last year. Among these, exports were 8127.4264 million and down 1.18%; imports were 12682.9889 million and down 4.32%. The total trade deficit was 4555.5625 million and down 9.44%.

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 202012, BAHRAIN's imports and exports to five countries/territories were 2878.9333 million, 1882.8469 million, 1846.3875 million, 1508.7031 million, 939.4362 million. These values correspond to 13.83%, 9.05%, 8.87%, 7.25%, 4.51% of BAHRAIN's imports and exports, and, respectively, were down 2.55%, down 20.98%, down 21.87%, down 7.38%, down 3.78% comparing to the same period of last year.

Current year until 202012, 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 202012, BAHRAIN's exports to these five countries/territories were 1943.0898 million, 1019.1724 million, 697.2456 million, 479.3745 million, 411.8796 million. These values correspond to 23.91%, 12.54%, 8.58%, 5.90%, 5.07% of BAHRAIN's exports and, respectively, were down 4.16%, down 29.01%, down 11.99%, up 9.13%, up 51.07% comparing with the same period of last year.

Current year until 202012, BAHRAIN's exports to top five countries/territories CHINA, SAUDI ARABIA, AUSTRALIA, UNITED ARAB EMIRATES, UNITED STATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202012, BAHRAIN's imports from these five countries/territories were 1751.0214 million, 935.8436 million, 878.0662 million, 827.2152 million, 811.4575 million. These values correspond to 13.81%, 7.38%, 6.92%, 6.52%, 6.40% of BAHRAIN's total imports and, respectively, were down 15.22%, up 0.98%, down 6.28%, down 10.83%, down 3.01% comparing with the same period of last year.

During the current year until 202012, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, OMAN, MALAYSIA, NETHERLANDS, EGYPT at 1007.2462 million, 342.1442 million, 320.7608 million, 290.3492 million, 254.7293 million, and down 8.49%, up 31.57%, down 465.58%, up 99.53%, down 10.93%. And the trade deficits were mainly from CHINA, AUSTRALIA, BRAZIL, JAPAN, SWITZERLAND at 1619.1959 million, 816.6961 million, 700.3599 million, 671.2851 million, 521.8054 million, and down 7.39%, down 9.00%, down 9.92%, down 0.21%, up 71.13%.

Current year until 202012, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202012,  commodities with hs2 codes, 76, 84, 26, 85, 87, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 2916.7603 million, 2677.3076 million, 1596.7812 million, 1473.4718 million, 1464.9504 million, which were up 23.39%, up 28.93%, down 32.69%, up 3.42%, down 13.66% comparing with the same period of last year and account for 14.02%, 12.87%, 7.67%, 7.08%, 7.04% of BAHRAIN's total imports and exports.

During the current year until 202012, 76, 26, 72, 84, 87 were BAHRAIN's top five traded commodities, with total import and export values of 2792.7079 million, 807.8717 million, 615.7523 million, 507.0866 million, 447.4259 million. These values correspond to 34.36%, 9.94%, 7.58%, 6.24%, 5.51% of BAHRAIN's total exports and, respectively, were up 36.33%, down 40.41%, up 31.37%, up 28.11%, down 10.03% comparing to the same period of last year.

During the current year until 202012, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 2170.2210 million, 1306.3949 million, 1017.5245 million, 972.3494 million, 788.9094 million. These values correspond to 17.11%, 10.30%, 8.02%, 7.67%, 6.22% of BAHRAIN's total exports and, respectively, were up 29.12%, up 2.02%, down 15.17%, down 2.76%, down 22.40% comparing to the same period of last year.


2. Current year until 202012, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202012, BAHRAIN-China binational exports and imports of goods amounted to 1882.8469 million and were down 20.98% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 131.8255 million and down 58.44%, imports from China to BAHRAIN were 1751.0214 million and down 15.22%. The total binational trade deficit was 1619.1959 million and down 7.39%.

During the urrent year until 202012, 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 469.4965 million, 354.6679 million, 160.2869 million, 105.5046 million, 72.9818 million and makes up 24.94%, 18.84%, 8.51%, 5.60%, 3.88% of the total binational imports and exports. These values were also up 2.11%, up 8.99%, down 29.35%, up 5.66%, up 17.64% comparing to the same period last year.

During the current year until 202012, 87, 76, 84, 70, 29 were the top five traded commodities exported to China from BAHRAIN, with export values of 104.5122 million, 6.1419 million, 5.7069 million, 5.1396 million, 4.1725 million. These values account for 79.28%, 4.66%, 4.33%, 3.90%, 3.17% of BAHRAIN's total exports and were down 36.82%, up 638.08%, down 63.24%, up 234.51%, down 61.16% comparing to the same period of last year.

During the current year until 202012, 85, 84, 73, 62, 94 were BAHRAIN's top five traded commodities importing from China , with import values of 468.8158 million, 348.9610 million, 105.4741 million, 72.9788 million, 69.4376 million. These values account for 26.77%, 19.93%, 6.02%, 4.17%, 3.97% of BAHRAIN's total imports and were up 1.97%, up 12.61%, up 5.64%, up 17.63%, down 4.16% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO