1. Overview the trade of BAHRAIN in goods current year until 202202
According to Dalian Infobank, in 202202, BAHRAIN's exports and imports of goods amounted to 2467.6110 million, and were up 34.39% comparing with the same period of last year. Among these, exports were up 83.12% at 1221.4422 million, and imports were up 6.58% at 1246.1688 million. And the corresponding trade deficit was 24.7266 million and down 95.08%.
During the current year until 202202, BAHRAIN's total exports and imports of goods were 4836.1680 million and were up 34.72% comparing to the same period of last year. Among these, exports were 2395.6481 million and up 78.83%; imports were 2440.5199 million and up 8.45%. The total trade deficit was 44.8718 million and down 95.07%.
If considering by country (region), SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, CHINA, ITALY were BAHRAIN's top five trading partners. During the current year until 202202, BAHRAIN's imports and exports to five countries/territories were 591.1551 million, 530.2345 million, 422.5777 million, 421.2959 million, 280.4526 million. These values correspond to 12.22%, 10.96%, 8.74%, 8.71%, 5.80% of BAHRAIN's imports and exports, and, respectively, were up 24.42%, up 128.56%, up 19.06%, up 42.46%, up 109.68% comparing to the same period of last year.
Current year until 202202, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, ITALY, EGYPT are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202202, BAHRAIN's exports to these five countries/territories were 436.2457 million, 399.6335 million, 225.6279 million, 208.2888 million, 104.2899 million. These values correspond to 18.21%, 16.68%, 9.42%, 8.69%, 4.35% of BAHRAIN's exports and, respectively, were up 40.08%, up 239.63%, up 14.32%, up 3107.48%, up 39.14% comparing with the same period of last year.
Current year until 202202, BAHRAIN's exports to top five countries/territories CHINA, AUSTRALIA, BRAZIL, 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 202202, BAHRAIN's imports from these five countries/territories were 396.6333 million, 225.6166 million, 222.7149 million, 196.9498 million, 154.9095 million. These values correspond to 16.25%, 9.24%, 9.13%, 8.07%, 6.35% of BAHRAIN's total imports and, respectively, were up 44.34%, up 71.98%, down 38.57%, up 25.00%, down 5.36% comparing with the same period of last year.
During the current year until 202202, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, ITALY, EGYPT, NETHERLANDS at 281.3362 million, 269.0325 million, 136.1250 million, 75.3641 million, 59.3361 million, and up 90.42%, up 7930.25%, down 212.72%, up 28.34%, up 166.66%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, SWITZERLAND at 371.9706 million, 211.6445 million, 189.6773 million, 78.4053 million, 51.1216 million, and up 46.54%, down 40.23%, up 49.72%, up 7.85%, up 56.50%.
Current year until 202202, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202202, 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 1226.9886 million, 507.2985 million, 355.8130 million, 262.7566 million, 216.5910 million, which were up 240.55%, down 9.15%, down 12.23%, up 62.92%, down 13.72% comparing with the same period of last year and account for 25.37%, 10.49%, 7.36%, 5.43%, 4.48% of BAHRAIN's total imports and exports.
During the current year until 202202, 76, 26, 84, 04, 72 were BAHRAIN's top five traded commodities, with total import and export values of 1192.7221 million, 260.7105 million, 93.0339 million, 89.5275 million, 87.8331 million. These values correspond to 49.79%, 10.88%, 3.88%, 3.74%, 3.67% of BAHRAIN's total exports and, respectively, were up 245.30%, up 35.45%, up 14.90%, up 135.84%, down 34.73% comparing to the same period of last year.
During the current year until 202202, 84, 28, 26, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 262.7792 million, 251.2022 million, 246.5880 million, 185.3500 million, 139.6589 million. These values correspond to 10.77%, 10.29%, 10.10%, 7.59%, 5.72% of BAHRAIN's total exports and, respectively, were down 19.00%, up 63.49%, down 32.60%, down 5.05%, down 25.69% comparing to the same period of last year.
2. Current year until 202202, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202202, BAHRAIN-China binational exports and imports of goods amounted to 421.2959 million and were up 42.46% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 24.6627 million and up 17.75%, imports from China to BAHRAIN were 396.6333 million and up 44.34%. The total binational trade deficit was 371.9706 million and up 46.54%.
During the urrent year until 202202, 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 85.5746 million, 65.7414 million, 30.1163 million, 27.4336 million, 21.5365 million and makes up 20.31%, 15.60%, 7.15%, 6.51%, 5.11% of the total binational imports and exports. These values were also up 19.38%, down 6.21%, up 510.26%, up 55.44%, up 167.36% comparing to the same period last year.
During the current year until 202202, 26, 76, 87, 69, 84 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 7.1710 million, 1.9654 million, 0.9122 million, 0.6892 million. These values account for 50.24%, 29.08%, 7.97%, 3.70%, 2.79% of BAHRAIN's total exports and were 0, up 14260.35%, up 136.31%, up 349.89%, down 95.87% comparing to the same period of last year.
During the current year until 202202, 85, 84, 28, 73, 27 were BAHRAIN's top five traded commodities importing from China , with import values of 85.3612 million, 65.0522 million, 30.1163 million, 27.4232 million, 21.4947 million. These values account for 21.52%, 16.40%, 7.59%, 6.91%, 5.42% of BAHRAIN's total imports and were up 19.17%, up 21.84%, up 510.26%, up 55.41%, up 166.84% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO
