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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202102

 1.  Overview the trade of BAHRAIN in goods current year until 202102

According to Dalian Infobank, in 202102BAHRAIN's exports and imports of goods amounted to 1836.2084 million, and were up 3.73% comparing with the same period of last year. Among these, exports were down 7.52% at 667.0220 million, and imports were up 11.47% at 1169.1864 million. And the corresponding trade deficit was 502.1644 million and up 53.27%.

During the current year until 202102, BAHRAIN's total exports and imports of goods were 3589.8922 million and were up 0.34% comparing to the same period of last year. Among these, exports were 1339.6279 million and down 0.34%; imports were 2250.2643 million and up 0.75%. The total trade deficit was 910.6364 million and up 2.41%.

If considering by country (region), SAUDI ARABIA, BRAZIL, UNITED ARAB EMIRATES, CHINA, UNITED STATES were BAHRAIN's top five trading partners. During the current year until 202102, BAHRAIN's imports and exports to five countries/territories were 475.1161 million, 370.9712 million, 354.9362 million, 295.7286 million, 231.9877 million. These values correspond to 13.23%, 10.33%, 9.89%, 8.24%, 6.46% of BAHRAIN's imports and exports, and, respectively, were down 9.20%, up 90.40%, down 12.36%, down 16.94%, down 9.80% comparing to the same period of last year.

Current year until 202102, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, OMAN, UNITED STATES, EGYPT are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202102, BAHRAIN's exports to these five countries/territories were 311.4289 million, 197.3702 million, 125.8757 million, 117.6690 million, 74.9509 million. These values correspond to 23.25%, 14.73%, 9.40%, 8.78%, 5.59% of BAHRAIN's exports and, respectively, were down 12.84%, down 23.66%, up 42.40%, up 22.29%, up 15.89% comparing with the same period of last year.

Current year until 202102, BAHRAIN's exports to top five countries/territories BRAZIL, CHINA, 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 202102, BAHRAIN's imports from these five countries/territories were 362.5389 million, 274.7842 million, 163.6872 million, 157.5661 million, 131.1864 million. These values correspond to 16.11%, 12.21%, 7.27%, 7.00%, 5.83% of BAHRAIN's total imports and, respectively, were up 109.74%, down 16.34%, down 1.36%, up 7.58%, down 1.41% comparing with the same period of last year.

During the current year until 202102, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, OMAN, EGYPT, UNITED ARAB EMIRATES, KUWAIT at 147.7418 million, 104.9023 million, 58.7212 million, 39.8041 million, 33.1511 million, and down 22.80%, up 87.18%, up 21.39%, down 64.48%, up 4.28%. And the trade deficits were mainly from BRAZIL, CHINA, AUSTRALIA, ITALY, JAPAN at 354.1065 million, 253.8399 million, 126.6867 million, 120.7643 million, 78.5378 million, and up 134.72%, down 15.62%, down 0.38%, up 62.64%, down 30.18%.

Current year until 202102, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202102,  commodities with hs2 codes, 26, 84, 76, 87, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 558.3614 million, 405.4089 million, 360.2950 million, 265.5362 million, 251.0461 million, which were up 135.10%, down 0.25%, up 10.53%, down 5.65%, down 17.16% comparing with the same period of last year and account for 15.55%, 11.29%, 10.04%, 7.40%, 6.99% of BAHRAIN's total imports and exports.

During the current year until 202102, 76, 26, 72, 84, 87 were BAHRAIN's top five traded commodities, with total import and export values of 345.4210 million, 192.4836 million, 134.5666 million, 80.9702 million, 77.6007 million. These values correspond to 25.78%, 14.37%, 10.05%, 6.04%, 5.79% of BAHRAIN's total exports and, respectively, were up 19.11%, up 76.73%, up 52.61%, down 28.38%, down 5.75% comparing to the same period of last year.

During the current year until 202102, 26, 84, 85, 87, 28 were BAHRAIN's top five traded commodities, with total import values of 365.8777 million, 324.4387 million, 195.2141 million, 187.9355 million, 153.6541 million. These values correspond to 16.26%, 14.42%, 8.68%, 8.35%, 6.83% of BAHRAIN's total exports and, respectively, were up 184.55%, up 10.58%, down 29.97%, down 5.60%, down 8.80% comparing to the same period of last year.


2. Current year until 202102, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202102, BAHRAIN-China binational exports and imports of goods amounted to 295.7286 million and were down 16.94% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 20.9443 million and down 24.17%, imports from China to BAHRAIN were 274.7842 million and down 16.34%. The total binational trade deficit was 253.8399 million and down 15.62%.

During the urrent year until 202102, commodities with hs2 code, 85, 84, 73, 94, 87, were binational trade's top five traded commodities. They correspond to import and export values of 71.6846 million, 70.0938 million, 17.6488 million, 16.0971 million, 13.0281 million and makes up 24.24%, 23.70%, 5.97%, 5.44%, 4.41% of the total binational imports and exports. These values were also down 18.22%, up 26.78%, down 38.80%, up 26.78%, down 65.73% comparing to the same period last year.

During the current year until 202102, 84, 74, 70, 87, 39 were the top five traded commodities exported to China from BAHRAIN, with export values of 16.7005 million, 1.6518 million, 0.9038 million, 0.8317 million, 0.2727 million. These values account for 79.74%, 7.89%, 4.32%, 3.97%, 1.30% of BAHRAIN's total exports and were 0, 0, up 528.25%, down 96.79%, up 42.39% comparing to the same period of last year.

During the current year until 202102, 85, 84, 73, 94, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 71.6303 million, 53.3933 million, 17.6455 million, 16.0971 million, 12.1964 million. These values account for 26.07%, 19.43%, 6.42%, 5.86%, 4.44% of BAHRAIN's total imports and were down 18.20%, down 3.42%, down 38.81%, up 26.78%, up 0.76% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO