1.  Overview the trade of BAHRAIN in goods current year until 202407

According to Dalian Infobank, in 202407, BAHRAIN's exports and imports of goods amounted to 2290.2583 million, and were up 5.65% comparing with the same period of last year. Among these, exports were up 6.41% at 1057.4935 million, and imports were up 5.01% at 1232.7648 million. And the corresponding trade deficit was 175.2713 million and down 2.73%.

During the current year until 202407, BAHRAIN's total exports and imports of goods were 16196.2532 million and were up 0.61% comparing to the same period of last year. Among these, exports were 7237.6204 million and up 0.37%; imports were 8958.6328 million and up 0.81%. The total trade deficit was 1721.0124 million and up 2.71%.

If considering by country (region), SAUDI ARABIA, UNITED ARAB EMIRATES, CHINA, UNITED STATES, BRAZIL were BAHRAIN's top five trading partners. During the current year until 202407, BAHRAIN's imports and exports to five countries/territories were 2312.0121 million, 1780.5941 million, 1311.4122 million, 1085.2825 million, 892.7730 million. These values correspond to 14.27%, 10.99%, 8.10%, 6.70%, 5.51% of BAHRAIN's imports and exports, and, respectively, were down 0.60%, down 5.56%, up 7.85%, down 1.30%, up 2.66% comparing to the same period of last year.

Current year until 202407, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED ARAB EMIRATES, UNITED STATES, NETHERLANDS, ALGERIA are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202407, BAHRAIN's exports to these five countries/territories were 1703.6662 million, 1060.5765 million, 580.3302 million, 290.1573 million, 237.8348 million. These values correspond to 23.54%, 14.65%, 8.02%, 4.01%, 3.29% of BAHRAIN's exports and, respectively, were down 2.43%, up 9.22%, down 2.81%, down 18.82%, up 37.66% comparing with the same period of last year.

Current year until 202407, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, AUSTRALIA, UNITED ARAB EMIRATES, SAUDI ARABIA are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202407, BAHRAIN's imports from these five countries/territories were 1262.6206 million, 817.6101 million, 809.3216 million, 720.0176 million, 608.3460 million. These values correspond to 14.09%, 9.13%, 9.03%, 8.04%, 6.79% of BAHRAIN's total imports and, respectively, were up 5.18%, down 1.11%, up 9.08%, down 21.26%, up 4.91% comparing with the same period of last year.

During the current year until 202407, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED ARAB EMIRATES, ALGERIA, NETHERLANDS, QATAR at 1095.3202 million, 340.5589 million, 237.2136 million, 217.1498 million, 171.6309 million, and down 6.08%, up 500.96%, up 37.80%, down 25.73%, up 512.93%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, JAPAN, GERMANY at 1213.8290 million, 742.4472 million, 731.6423 million, 267.6449 million, 246.8192 million, and up 2.43%, down 5.28%, up 10.70%, down 7.43%, up 13.67%.

Current year until 202407, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202407,  commodities with hs2 codes, 76, 26, 84, 87, 28, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 2717.9123 million, 2273.3972 million, 1437.9561 million, 1025.1421 million, 872.9746 million, which were down 8.79%, up 17.63%, up 2.32%, up 8.60%, up 3.99% comparing with the same period of last year and account for 16.78%, 14.04%, 8.88%, 6.33%, 5.39% of BAHRAIN's total imports and exports.

During the current year until 202407, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 2634.0879 million, 1285.9591 million, 507.8438 million, 294.2476 million, 280.8057 million. These values correspond to 36.39%, 17.77%, 7.02%, 4.07%, 3.88% of BAHRAIN's total exports and, respectively, were down 8.01%, up 28.02%, up 16.70%, down 16.83%, up 1.95% comparing to the same period of last year.

During the current year until 202407, 26, 84, 28, 87, 85 were BAHRAIN's top five traded commodities, with total import values of 987.4381 million, 930.1123 million, 839.8304 million, 770.1659 million, 654.1233 million. These values correspond to 11.02%, 10.38%, 9.37%, 8.60%, 7.30% of BAHRAIN's total exports and, respectively, were up 6.39%, down 4.13%, up 2.60%, up 5.82%, down 4.29% comparing to the same period of last year.

2. Current year until 202407, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202407, BAHRAIN-China binational exports and imports of goods amounted to 1311.4122 million and were up 7.85% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 48.7916 million and up 215.53%, imports from China to BAHRAIN were 1262.6206 million and up 5.18%. The total binational trade deficit was 1213.8290 million and up 2.43%.

During the urrent year until 202407, commodities with hs2 code, 85, 84, 87, 27, 39, were binational trade's top five traded commodities. They correspond to import and export values of 276.9717 million, 175.3244 million, 118.0016 million, 84.0768 million, 57.9522 million and makes up 21.12%, 13.37%, 9.00%, 6.41%, 4.42% of the total binational imports and exports. These values were also down 6.04%, down 1.43%, up 51.75%, up 3.41%, up 3.23% comparing to the same period last year.

During the current year until 202407, 29, 87, 76, 74, 84 were the top five traded commodities exported to China from BAHRAIN, with export values of 15.7727 million, 10.7733 million, 8.2054 million, 5.6245 million, 4.5089 million. These values account for 32.33%, 22.08%, 16.82%, 11.53%, 9.24% of BAHRAIN's total exports and were up 352.13%, up 199.05%, up 480.76%, up 400.88%, up 233.94% comparing to the same period of last year.

During the current year until 202407, 85, 84, 87, 27, 39 were BAHRAIN's top five traded commodities importing from China , with import values of 276.6931 million, 170.8156 million, 107.2282 million, 84.0654 million, 57.3198 million. These values account for 21.91%, 13.53%, 8.49%, 6.66%, 4.54% of BAHRAIN's total imports and were down 5.92%, down 3.23%, up 44.60%, up 3.40%, up 2.89% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Bahrain CIO