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Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202208

 1.  Overview the trade of BAHRAIN in goods current year until 202208

According to Dalian Infobank, in 202208BAHRAIN's exports and imports of goods amounted to 2664.4952 million, and were up 6.64% comparing with the same period of last year. Among these, exports were up 8.62% at 1281.1340 million, and imports were up 4.87% at 1383.3612 million. And the corresponding trade deficit was 102.2271 million and down 26.82%.

During the current year until 202208, BAHRAIN's total exports and imports of goods were 20877.4496 million and were up 24.59% comparing to the same period of last year. Among these, exports were 10373.3871 million and up 38.92%; imports were 10504.0624 million and up 13.06%. The total trade deficit was 130.6753 million and down 92.83%.

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 202208, BAHRAIN's imports and exports to five countries/territories were 2576.1647 million, 2098.9372 million, 1861.2155 million, 1651.0164 million, 1155.0792 million. These values correspond to 12.34%, 10.05%, 8.91%, 7.91%, 5.53% of BAHRAIN's imports and exports, and, respectively, were up 15.83%, up 64.00%, up 4.94%, up 27.85%, down 20.21% comparing to the same period of last year.

Current year until 202208, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, NETHERLANDS, OMAN are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202208, BAHRAIN's exports to these five countries/territories were 1974.1779 million, 1492.7373 million, 1039.3178 million, 576.7049 million, 444.6082 million. These values correspond to 19.03%, 14.39%, 10.02%, 5.56%, 4.29% of BAHRAIN's exports and, respectively, were up 23.62%, up 94.49%, down 7.64%, up 223.29%, up 20.00% comparing with the same period of last year.

Current year until 202208, 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 202208, BAHRAIN's imports from these five countries/territories were 1609.6753 million, 1118.8673 million, 959.1430 million, 821.8977 million, 647.0520 million. These values correspond to 15.32%, 10.65%, 9.13%, 7.82%, 6.16% of BAHRAIN's total imports and, respectively, were up 37.82%, down 17.63%, up 54.84%, up 26.78%, up 34.83% comparing with the same period of last year.

During the current year until 202208, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 1372.1911 million, 886.5373 million, 496.6510 million, 319.8330 million, 286.5420 million, and up 41.46%, up 247.45%, up 421.83%, up 5.55%, down 39.35%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, JAPAN at 1568.3342 million, 1082.6554 million, 800.9989 million, 305.2166 million, 215.9527 million, and up 50.15%, down 14.69%, up 44.24%, up 12.80%, down 37.91%.

Current year until 202208, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202208,  commodities with hs2 codes, 76, 26, 84, 28, 87, were BAHRAIN's top five traded commodities. They correspond to the import and export values of 5115.7749 million, 2737.8991 million, 1611.5853 million, 1125.3373 million, 846.3945 million, which were up 110.61%, down 12.58%, up 2.01%, up 54.53%, down 19.39% comparing with the same period of last year and account for 24.50%, 13.11%, 7.72%, 5.39%, 4.05% of BAHRAIN's total imports and exports.

During the current year until 202208, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 4944.2762 million, 1458.3235 million, 496.9943 million, 445.0501 million, 312.2313 million. These values correspond to 47.66%, 14.06%, 4.79%, 4.29%, 3.01% of BAHRAIN's total exports and, respectively, were up 110.24%, down 8.42%, up 35.31%, down 26.20%, up 88.87% comparing to the same period of last year.

During the current year until 202208, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 1279.5756 million, 1114.5911 million, 1074.8741 million, 728.3756 million, 667.6417 million. These values correspond to 12.18%, 10.61%, 10.23%, 6.93%, 6.36% of BAHRAIN's total exports and, respectively, were down 16.88%, down 8.08%, up 56.90%, up 6.21%, down 9.83% comparing to the same period of last year.


2. Current year until 202208, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202208, BAHRAIN-China binational exports and imports of goods amounted to 1651.0164 million and were up 27.85% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 41.3411 million and down 66.50%, imports from China to BAHRAIN were 1609.6753 million and up 37.82%. The total binational trade deficit was 1568.3342 million and up 50.15%.

During the urrent year until 202208, commodities with hs2 code, 85, 84, 28, 27, 87, were binational trade's top five traded commodities. They correspond to import and export values of 344.8452 million, 275.5896 million, 132.8601 million, 125.4199 million, 82.6446 million and makes up 20.89%, 16.69%, 8.05%, 7.60%, 5.01% of the total binational imports and exports. These values were also up 31.22%, up 13.69%, up 228.18%, up 81.82%, up 69.87% comparing to the same period last year.

During the current year until 202208, 26, 76, 87, 84, 74 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 8.0808 million, 7.6345 million, 2.1928 million, 2.1133 million. These values account for 29.97%, 19.55%, 18.47%, 5.30%, 5.11% of BAHRAIN's total exports and were up 1599.85%, up 1196.44%, up 176.87%, down 87.22%, down 52.67% comparing to the same period of last year.

During the current year until 202208, 85, 84, 28, 27, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 343.6373 million, 273.3968 million, 132.8115 million, 125.3743 million, 75.0100 million. These values account for 21.35%, 16.98%, 8.25%, 7.79%, 4.66% of BAHRAIN's total imports and were up 30.84%, up 21.38%, up 228.06%, up 81.75%, up 63.44% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO