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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202009

 1.  Overview the trade of BAHRAIN in goods current year until 202009

According to Dalian Infobank, in 202009BAHRAIN's exports and imports of goods amounted to 1847.9261 million, and were up 10.56% comparing with the same period of last year. Among these, exports were up 41.98% at 889.0515 million, and imports were down 8.27% at 958.8745 million. And the corresponding trade deficit was 69.8230 million and down 83.34%.

During the current year until 202009, BAHRAIN's total exports and imports of goods were 15632.3371 million and were down 2.73% comparing to the same period of last year. Among these, exports were 6117.2414 million and down 1.73%; imports were 9515.0957 million and down 3.36%. The total trade deficit was 3397.8543 million and down 6.14%.

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 202009, BAHRAIN's imports and exports to five countries/territories were 2170.6232 million, 1430.7207 million, 1354.5842 million, 1122.7590 million, 696.3174 million. These values correspond to 13.89%, 9.15%, 8.67%, 7.18%, 4.45% of BAHRAIN's imports and exports, and, respectively, were up 1.53%, down 18.29%, down 20.78%, down 10.34%, down 5.82% comparing to the same period of last year.

Current year until 202009, 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 202009, BAHRAIN's exports to these five countries/territories were 1491.0358 million, 756.1815 million, 532.7108 million, 383.4974 million, 336.8164 million. These values correspond to 24.37%, 12.36%, 8.71%, 6.27%, 5.51% of BAHRAIN's exports and, respectively, were down 0.02%, down 25.77%, down 17.36%, up 14.18%, up 82.95% comparing with the same period of last year.

Current year until 202009, BAHRAIN's exports to top five countries/territories CHINA, SAUDI ARABIA, AUSTRALIA, BRAZIL, UNITED ARAB EMIRATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202009, BAHRAIN's imports from these five countries/territories were 1310.6837 million, 679.5874 million, 646.6982 million, 621.3819 million, 598.4028 million. These values correspond to 13.77%, 7.14%, 6.80%, 6.53%, 6.29% of BAHRAIN's total imports and, respectively, were down 10.26%, up 5.11%, down 8.41%, down 10.44%, down 13.44% comparing with the same period of last year.

During the current year until 202009, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, OMAN, MALAYSIA, NETHERLANDS, EGYPT at 811.4485 million, 277.9853 million, 260.4320 million, 253.5000 million, 171.4513 million, and down 3.95%, up 41.39%, down 467.87%, up 199.99%, down 32.88%. And the trade deficits were mainly from CHINA, AUSTRALIA, BRAZIL, JAPAN, SWITZERLAND at 1190.6468 million, 597.0791 million, 561.1550 million, 473.7372 million, 430.9017 million, and up 1.74%, down 11.26%, down 11.69%, down 5.82%, up 92.28%.

Current year until 202009, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 76, 84, 26, 87, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 2224.2215 million, 2067.0502 million, 1184.7598 million, 1069.6296 million, 1060.7115 million, which were up 22.66%, up 40.49%, down 38.10%, down 14.65%, up 6.18% comparing with the same period of last year and account for 14.23%, 13.22%, 7.58%, 6.84%, 6.79% of BAHRAIN's total imports and exports.

During the current year until 202009, 76, 26, 72, 84, 87 were BAHRAIN's top five traded commodities, with total import and export values of 2124.3331 million, 585.7070 million, 440.4816 million, 402.7693 million, 327.8067 million. These values correspond to 34.73%, 9.57%, 7.20%, 6.58%, 5.36% of BAHRAIN's total exports and, respectively, were up 34.54%, down 42.80%, up 16.68%, up 32.47%, down 8.45% comparing to the same period of last year.

During the current year until 202009, 84, 85, 87, 28, 26 were BAHRAIN's top five traded commodities, with total import values of 1664.2809 million, 949.3295 million, 741.8229 million, 719.1473 million, 599.0528 million. These values correspond to 17.49%, 9.98%, 7.80%, 7.56%, 6.30% of BAHRAIN's total exports and, respectively, were up 42.57%, up 6.00%, down 17.13%, down 3.00%, down 32.69% comparing to the same period of last year.


2. Current year until 202009, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202009, BAHRAIN-China binational exports and imports of goods amounted to 1430.7207 million and were down 18.29% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 120.0370 million and down 58.66%, imports from China to BAHRAIN were 1310.6837 million and down 10.26%. The total binational trade deficit was 1190.6468 million and up 1.74%.

During the urrent year until 202009, 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 332.8326 million, 259.6051 million, 147.9262 million, 78.5600 million, 64.8088 million and makes up 23.26%, 18.15%, 10.34%, 5.49%, 4.53% of the total binational imports and exports. These values were also up 9.84%, up 4.91%, down 20.80%, up 26.47%, up 29.34% comparing to the same period last year.

During the current year until 202009, 87, 76, 84, 69, 70 were the top five traded commodities exported to China from BAHRAIN, with export values of 103.8011 million, 5.6405 million, 5.2473 million, 1.2766 million, 0.9162 million. These values account for 86.47%, 4.70%, 4.37%, 1.06%, 0.76% of BAHRAIN's total exports and were down 27.08%, up 1801.38%, down 66.20%, down 56.28%, down 21.71% comparing to the same period of last year.

During the current year until 202009, 85, 84, 73, 62, 63 were BAHRAIN's top five traded commodities importing from China , with import values of 332.2021 million, 254.3578 million, 78.5569 million, 64.8071 million, 51.8710 million. These values account for 25.35%, 19.41%, 5.99%, 4.94%, 3.96% of BAHRAIN's total imports and were up 9.65%, up 9.67%, up 26.48%, up 29.34%, up 501.05% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO