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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202105

 1.  Overview the trade of BAHRAIN in goods current year until 202105

According to Dalian Infobank, in 202105BAHRAIN's exports and imports of goods amounted to 1967.1463 million, and were up 24.43% comparing with the same period of last year. Among these, exports were up 56.15% at 897.5397 million, and imports were up 6.31% at 1069.6067 million. And the corresponding trade deficit was 172.0670 million and down 60.11%.

During the current year until 202105, BAHRAIN's total exports and imports of goods were 9933.2846 million and were up 15.62% comparing to the same period of last year. Among these, exports were 4136.3128 million and up 24.86%; imports were 5796.9717 million and up 9.81%. The total trade deficit was 1660.6589 million and down 15.54%.

If considering by country (region), SAUDI ARABIA, UNITED ARAB EMIRATES, BRAZIL, CHINA, UNITED STATES were BAHRAIN's top five trading partners. During the current year until 202105, BAHRAIN's imports and exports to five countries/territories were 1292.5243 million, 1090.1274 million, 860.2917 million, 794.2211 million, 682.8386 million. These values correspond to 13.01%, 10.97%, 8.66%, 8.00%, 6.87% of BAHRAIN's imports and exports, and, respectively, were up 6.01%, up 36.91%, up 103.54%, down 4.49%, up 6.91% comparing to the same period of last year.

Current year until 202105, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, UNITED STATES, EGYPT, OMAN are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202105, BAHRAIN's exports to these five countries/territories were 899.8719 million, 669.9250 million, 347.4065 million, 323.6900 million, 257.2461 million. These values correspond to 21.76%, 16.20%, 8.40%, 7.83%, 6.22% of BAHRAIN's exports and, respectively, were up 7.56%, up 42.77%, up 18.02%, up 99.74%, up 27.53% comparing with the same period of last year.

Current year until 202105, BAHRAIN's exports to top five countries/territories BRAZIL, CHINA, UNITED ARAB EMIRATES, SAUDI ARABIA, AUSTRALIA are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202105, BAHRAIN's imports from these five countries/territories were 817.8964 million, 714.9251 million, 420.2024 million, 392.6524 million, 385.6887 million. These values correspond to 14.11%, 12.33%, 7.25%, 6.77%, 6.65% of BAHRAIN's total imports and, respectively, were up 108.11%, down 5.37%, up 28.50%, up 2.60%, up 0.27% comparing with the same period of last year.

During the current year until 202105, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, EGYPT, UNITED ARAB EMIRATES, OMAN, ALGERIA at 507.2195 million, 285.4365 million, 249.7226 million, 208.0090 million, 138.3340 million, and up 11.75%, up 133.79%, up 75.55%, up 51.38%, up 295.95%. And the trade deficits were mainly from BRAZIL, CHINA, AUSTRALIA, ITALY, JAPAN at 775.5012 million, 635.6291 million, 358.8218 million, 229.8593 million, 212.2455 million, and up 113.42%, down 6.45%, up 2.65%, up 98.68%, down 27.69%.

Current year until 202105, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202105,  commodities with hs2 codes, 26, 76, 84, 87, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 1813.9364 million, 1173.4581 million, 942.5514 million, 702.0052 million, 563.9734 million, which were up 148.29%, up 8.84%, down 2.30%, up 8.06%, down 6.09% comparing with the same period of last year and account for 18.26%, 11.81%, 9.49%, 7.07%, 5.68% of BAHRAIN's total imports and exports.

During the current year until 202105, 76, 26, 72, 87, 84 were BAHRAIN's top five traded commodities, with total import and export values of 1131.9796 million, 870.9527 million, 368.7730 million, 212.6655 million, 199.6138 million. These values correspond to 27.37%, 21.06%, 8.92%, 5.14%, 4.83% of BAHRAIN's total exports and, respectively, were up 11.74%, up 144.28%, up 110.64%, up 20.28%, down 18.53% comparing to the same period of last year.

During the current year until 202105, 26, 84, 87, 85, 28 were BAHRAIN's top five traded commodities, with total import values of 942.9837 million, 742.9376 million, 489.3397 million, 467.0812 million, 429.7544 million. These values correspond to 16.27%, 12.82%, 8.44%, 8.06%, 7.41% of BAHRAIN's total exports and, respectively, were up 152.11%, up 3.22%, up 3.49%, down 13.36%, down 7.24% comparing to the same period of last year.


2. Current year until 202105, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202105, BAHRAIN-China binational exports and imports of goods amounted to 794.2211 million and were down 4.49% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 79.2960 million and up 4.26%, imports from China to BAHRAIN were 714.9251 million and down 5.37%. The total binational trade deficit was 635.6291 million and down 6.45%.

During the urrent year until 202105, commodities with hs2 code, 85, 84, 72, 73, 27, were binational trade's top five traded commodities. They correspond to import and export values of 177.1869 million, 155.6319 million, 59.5006 million, 46.5660 million, 36.6904 million and makes up 22.31%, 19.60%, 7.49%, 5.86%, 4.62% of the total binational imports and exports. These values were also down 9.33%, up 20.66%, up 977.47%, down 13.77%, down 7.55% comparing to the same period last year.

During the current year until 202105, 72, 84, 74, 87, 70 were the top five traded commodities exported to China from BAHRAIN, with export values of 51.8968 million, 16.8693 million, 3.7958 million, 1.9985 million, 1.5691 million. These values account for 65.45%, 21.27%, 4.79%, 2.52%, 1.98% of BAHRAIN's total exports and were up 65025.77%, up 491.68%, 0, down 97.10%, up 540.46% comparing to the same period of last year.

During the current year until 202105, 85, 84, 73, 27, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 177.0894 million, 138.7626 million, 46.4579 million, 36.6904 million, 31.9396 million. These values account for 24.77%, 19.41%, 6.50%, 5.13%, 4.47% of BAHRAIN's total imports and were down 9.11%, up 10.01%, down 13.97%, down 7.54%, up 14.23% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO