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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202203

 1.  Overview the trade of BAHRAIN in goods current year until 202203

According to Dalian Infobank, in 202203BAHRAIN's exports and imports of goods amounted to 2547.2403 million, and were up 14.04% comparing with the same period of last year. Among these, exports were up 40.17% at 1363.5486 million, and imports were down 6.12% at 1183.6917 million. And the corresponding trade surplus was 179.8569 million and down 162.43%.

During the current year until 202203, BAHRAIN's total exports and imports of goods were 7383.4083 million and were up 26.79% comparing to the same period of last year. Among these, exports were 3759.1967 million and up 62.57%; imports were 3624.2116 million and up 3.22%. The total trade surplus was 134.9851 million and down 111.26%.

If considering by country (region), SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, CHINA, BRAZIL were BAHRAIN's top five trading partners. During the current year until 202203, BAHRAIN's imports and exports to five countries/territories were 927.1591 million, 756.9844 million, 615.7087 million, 596.6411 million, 363.6130 million. These values correspond to 12.56%, 10.25%, 8.34%, 8.08%, 4.92% of BAHRAIN's imports and exports, and, respectively, were up 17.40%, up 83.17%, down 3.75%, up 30.30%, down 25.13% comparing to the same period of last year.

Current year until 202203, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, ITALY, NETHERLANDS are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202203, BAHRAIN's exports to these five countries/territories were 697.7425 million, 566.9354 million, 322.0753 million, 248.1544 million, 243.0619 million. These values correspond to 18.56%, 15.08%, 8.57%, 6.60%, 6.47% of BAHRAIN's exports and, respectively, were up 29.76%, up 175.80%, down 11.85%, up 1989.99%, up 205.67% comparing with the same period of last year.

Current year until 202203, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, AUSTRALIA, UNITED ARAB EMIRATES, INDIA are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202203, BAHRAIN's imports from these five countries/territories were 569.8118 million, 344.5611 million, 313.4642 million, 293.6335 million, 231.7372 million. These values correspond to 15.72%, 9.51%, 8.65%, 8.10%, 6.39% of BAHRAIN's total imports and, respectively, were up 31.04%, down 27.06%, up 29.73%, up 7.03%, up 22.75% comparing with the same period of last year.

During the current year until 202203, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, ITALY, OMAN at 468.3259 million, 376.8863 million, 216.6985 million, 137.6014 million, 128.2795 million, and up 63.91%, down 17615.02%, up 405.45%, down 185.36%, down 21.45%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, UNITED KINGDOM at 542.9825 million, 325.5093 million, 266.2052 million, 113.9428 million, 84.9701 million, and up 31.87%, down 29.11%, up 16.45%, down 3.86%, up 45.03%.

Current year until 202203, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 76, 26, 84, 28, 85, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 1911.1963 million, 808.7133 million, 556.5271 million, 368.3571 million, 315.4610 million, which were up 198.88%, down 13.59%, down 10.56%, up 29.89%, down 14.40% comparing with the same period of last year and account for 25.89%, 10.95%, 7.54%, 4.99%, 4.27% of BAHRAIN's total imports and exports.

During the current year until 202203, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 1859.0604 million, 447.9328 million, 170.5378 million, 135.8000 million, 133.6194 million. These values correspond to 49.45%, 11.92%, 4.54%, 3.61%, 3.55% of BAHRAIN's total exports and, respectively, were up 201.62%, down 2.06%, up 29.40%, down 32.90%, up 142.21% comparing to the same period of last year.

During the current year until 202203, 84, 26, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 385.9893 million, 360.7804 million, 352.6033 million, 273.2737 million, 224.4000 million. These values correspond to 10.65%, 9.95%, 9.73%, 7.54%, 6.19% of BAHRAIN's total exports and, respectively, were down 21.30%, down 24.61%, up 29.88%, down 9.25%, down 26.44% comparing to the same period of last year.


2. Current year until 202203, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202203, BAHRAIN-China binational exports and imports of goods amounted to 596.6411 million and were up 30.30% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 26.8293 million and up 16.25%, imports from China to BAHRAIN were 569.8118 million and up 31.04%. The total binational trade deficit was 542.9825 million and up 31.87%.

During the urrent year until 202203, commodities with hs2 code, 85, 84, 28, 73, 27, were binational trade's top five traded commodities. They correspond to import and export values of 125.7590 million, 97.0240 million, 37.5805 million, 36.5587 million, 30.0729 million and makes up 21.08%, 16.26%, 6.30%, 6.13%, 5.04% of the total binational imports and exports. These values were also up 16.82%, down 4.06%, up 251.59%, up 12.21%, up 39.14% comparing to the same period last year.

During the current year until 202203, 26, 76, 87, 69, 84 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 7.4433 million, 2.5420 million, 1.0158 million, 0.7636 million. These values account for 46.18%, 27.74%, 9.47%, 3.79%, 2.85% of BAHRAIN's total exports and were up 3653.84%, up 2739.57%, up 144.94%, up 295.36%, down 95.44% comparing to the same period of last year.

During the current year until 202203, 85, 84, 28, 73, 27 were BAHRAIN's top five traded commodities importing from China , with import values of 125.4870 million, 96.2604 million, 37.5805 million, 36.5452 million, 30.0311 million. These values account for 22.02%, 16.89%, 6.60%, 6.41%, 5.27% of BAHRAIN's total imports and were up 16.63%, up 14.05%, up 251.59%, up 12.21%, up 38.95% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO