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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202101

 1.  Overview the trade of BAHRAIN in goods current year until 202101

According to Dalian Infobank, in 202101BAHRAIN's exports and imports of goods amounted to 1753.6838 million, and were down 2.97% comparing with the same period of last year. Among these, exports were up 7.98% at 672.6059 million, and imports were down 8.73% at 1081.0779 million. And the corresponding trade deficit was 408.4720 million and down 27.27%.

During the current year until 202101, BAHRAIN's total exports and imports of goods were 1753.6838 million and were down 2.97% comparing to the same period of last year. Among these, exports were 672.6059 million and up 7.98%; imports were 1081.0779 million and down 8.73%. The total trade deficit was 408.4720 million and down 27.27%.

If considering by country (region), SAUDI ARABIA, UNITED ARAB EMIRATES, CHINA, BRAZIL, UNITED STATES were BAHRAIN's top five trading partners. During the current year until 202101, BAHRAIN's imports and exports to five countries/territories were 228.9893 million, 188.0969 million, 139.4034 million, 125.0269 million, 112.8433 million. These values correspond to 13.06%, 10.73%, 7.95%, 7.13%, 6.43% of BAHRAIN's imports and exports, and, respectively, were down 6.92%, down 3.76%, down 26.29%, up 65.06%, down 14.69% comparing to the same period of last year.

Current year until 202101, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, OMAN, UNITED STATES, SOUTH KOREA are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202101, BAHRAIN's exports to these five countries/territories were 146.7031 million, 107.9350 million, 72.0256 million, 51.8473 million, 39.9736 million. These values correspond to 21.81%, 16.05%, 10.71%, 7.71%, 5.94% of BAHRAIN's exports and, respectively, were down 8.38%, down 11.99%, up 101.36%, up 32.24%, up 341.48% comparing with the same period of last year.

Current year until 202101, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, SAUDI ARABIA, UNITED ARAB EMIRATES, AUSTRALIA are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202101, BAHRAIN's imports from these five countries/territories were 130.3985 million, 120.6267 million, 82.2862 million, 80.1619 million, 76.7023 million. These values correspond to 12.06%, 11.16%, 7.61%, 7.41%, 7.09% of BAHRAIN's total imports and, respectively, were down 26.29%, up 69.88%, down 4.22%, up 10.11%, up 0.10% comparing with the same period of last year.

During the current year until 202101, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, OMAN, UNITED ARAB EMIRATES, PHILIPPINES, SOUTH KOREA at 64.4169 million, 60.5153 million, 27.7731 million, 26.8984 million, 20.3289 million, and down 13.19%, up 271.14%, down 44.27%, down 3269.16%, down 129.94%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, ITALY, JAPAN at 121.3935 million, 116.2266 million, 74.8085 million, 68.3024 million, 48.4532 million, and down 26.29%, up 75.39%, up 1.71%, up 91.09%, down 23.04%.

Current year until 202101, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 84, 26, 76, 87, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 208.0916 million, 206.8567 million, 182.3531 million, 136.8828 million, 134.4401 million, which were up 2.27%, up 113.23%, up 19.76%, down 7.47%, down 30.24% comparing with the same period of last year and account for 11.87%, 11.80%, 10.40%, 7.81%, 7.67% of BAHRAIN's total imports and exports.

During the current year until 202101, 76, 72, 26, 84, 87 were BAHRAIN's top five traded commodities, with total import and export values of 174.1658 million, 90.5855 million, 79.9080 million, 42.7582 million, 40.4720 million. These values correspond to 25.89%, 13.47%, 11.88%, 6.36%, 6.02% of BAHRAIN's total exports and, respectively, were up 33.50%, up 147.73%, up 152.94%, down 23.97%, up 4.15% comparing to the same period of last year.

During the current year until 202101, 84, 26, 85, 87, 28 were BAHRAIN's top five traded commodities, with total import values of 165.3334 million, 126.9488 million, 100.4027 million, 96.4108 million, 80.7332 million. These values correspond to 15.29%, 11.74%, 9.29%, 8.92%, 7.47% of BAHRAIN's total exports and, respectively, were up 12.30%, up 94.06%, down 43.37%, down 11.60%, up 15.88% comparing to the same period of last year.


2. Current year until 202101, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202101, BAHRAIN-China binational exports and imports of goods amounted to 139.4034 million and were down 26.29% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 9.0050 million and down 26.30%, imports from China to BAHRAIN were 130.3985 million and down 26.29%. The total binational trade deficit was 121.3935 million and down 26.29%.

During the urrent year until 202101, commodities with hs2 code, 84, 85, 94, 87, 39, were binational trade's top five traded commodities. They correspond to import and export values of 33.3993 million, 31.4806 million, 8.5272 million, 6.1586 million, 5.9534 million and makes up 23.96%, 22.58%, 6.12%, 4.42%, 4.27% of the total binational imports and exports. These values were also up 37.83%, down 37.43%, up 36.15%, down 68.89%, up 23.81% comparing to the same period last year.

During the current year until 202101, 84, 70, 74, 87, 39 were the top five traded commodities exported to China from BAHRAIN, with export values of 6.7054 million, 0.7891 million, 0.7502 million, 0.3072 million, 0.1046 million. These values account for 74.46%, 8.76%, 8.33%, 3.41%, 1.16% of BAHRAIN's total exports and were 0, up 707.78%, 0, down 97.28%, down 24.97% comparing to the same period of last year.

During the current year until 202101, 85, 84, 94, 87, 39 were BAHRAIN's top five traded commodities importing from China , with import values of 31.4597 million, 26.6939 million, 8.5272 million, 5.8514 million, 5.8488 million. These values account for 24.13%, 20.47%, 6.54%, 4.49%, 4.49% of BAHRAIN's total imports and were down 37.36%, up 10.16%, up 36.15%, down 31.22%, up 25.27% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO