1. Overview the trade of BAHRAIN in goods current year until 202204
According to Dalian Infobank, in 202204, BAHRAIN's exports and imports of goods amounted to 2752.0494 million, and were up 28.44% comparing with the same period of last year. Among these, exports were up 52.04% at 1408.5047 million, and imports were up 10.47% at 1343.5447 million. And the corresponding trade surplus was 64.9600 million and down 122.41%.
During the current year until 202204, BAHRAIN's total exports and imports of goods were 10135.4577 million and were up 27.23% comparing to the same period of last year. Among these, exports were 5167.7014 million and up 59.56%; imports were 4967.7563 million and up 5.09%. The total trade surplus was 199.9451 million and down 113.43%.
If considering by country (region), SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, CHINA, AUSTRALIA were BAHRAIN's top five trading partners. During the current year until 202204, BAHRAIN's imports and exports to five countries/territories were 1266.9024 million, 1120.3993 million, 871.2190 million, 809.5063 million, 488.1152 million. These values correspond to 12.50%, 11.05%, 8.60%, 7.99%, 4.82% of BAHRAIN's imports and exports, and, respectively, were up 20.35%, up 96.60%, up 0.77%, up 30.91%, up 50.76% comparing to the same period of last year.
Current year until 202204, BAHRAIN and the top five trade partners SAUDI ARABIA, UNITED STATES, UNITED ARAB EMIRATES, NETHERLANDS, ITALY are the top five countries/territories that BAHRAIN exports to in terms of the total export amount. During the current year until 202204, BAHRAIN's exports to these five countries/territories were 957.6743 million, 869.7598 million, 461.8317 million, 301.0776 million, 259.9244 million. These values correspond to 18.53%, 16.83%, 8.94%, 5.83%, 5.03% of BAHRAIN's exports and, respectively, were up 31.41%, up 195.41%, down 9.81%, up 223.13%, up 1104.89% comparing with the same period of last year.
Current year until 202204, 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 202204, BAHRAIN's imports from these five countries/territories were 781.1731 million, 450.1812 million, 430.2746 million, 409.3873 million, 317.5839 million. These values correspond to 15.72%, 9.06%, 8.66%, 8.24%, 6.39% of BAHRAIN's total imports and, respectively, were up 31.68%, down 33.84%, up 41.68%, up 16.14%, up 28.97% comparing with the same period of last year.
During the current year until 202204, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 648.4462 million, 619.1203 million, 267.9699 million, 169.1690 million, 152.8827 million, and up 60.17%, up 3165.21%, up 444.65%, down 16.66%, down 36.61%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, JAPAN at 752.8400 million, 422.9875 million, 372.4341 million, 157.3156 million, 102.6584 million, and up 32.53%, down 34.32%, up 31.30%, down 0.49%, down 46.25%.
Current year until 202204, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202204, 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 2637.7849 million, 1201.5863 million, 709.8998 million, 492.3934 million, 426.1381 million, which were up 188.95%, down 17.35%, down 10.37%, up 37.80%, down 11.68% comparing with the same period of last year and account for 26.03%, 11.86%, 7.00%, 4.86%, 4.20% of BAHRAIN's total imports and exports.
During the current year until 202204, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 2564.3485 million, 658.3350 million, 217.6242 million, 214.2123 million, 167.6931 million. These values correspond to 49.62%, 12.74%, 4.21%, 4.15%, 3.25% of BAHRAIN's total exports and, respectively, were up 191.56%, down 7.27%, up 35.08%, down 20.76%, up 132.59% comparing to the same period of last year.
During the current year until 202204, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 543.2513 million, 492.2756 million, 472.8767 million, 372.4233 million, 322.2337 million. These values correspond to 10.94%, 9.91%, 9.52%, 7.50%, 6.49% of BAHRAIN's total exports and, respectively, were down 26.98%, down 21.98%, up 38.68%, down 7.82%, down 19.58% comparing to the same period of last year.
2. Current year until 202204, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202204, BAHRAIN-China binational exports and imports of goods amounted to 809.5063 million and were up 30.91% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 28.3332 million and up 12.55%, imports from China to BAHRAIN were 781.1731 million and up 31.68%. The total binational trade deficit was 752.8400 million and up 32.53%.
During the urrent year until 202204, commodities with hs2 code, 85, 84, 28, 27, 73, were binational trade's top five traded commodities. They correspond to import and export values of 174.6734 million, 132.8748 million, 53.1096 million, 41.5405 million, 40.8236 million and makes up 21.58%, 16.41%, 6.56%, 5.13%, 5.04% of the total binational imports and exports. These values were also up 14.24%, up 0.59%, up 205.69%, up 38.83%, up 0.01% comparing to the same period last year.
During the current year until 202204, 26, 76, 87, 69, 84 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 7.5117 million, 3.0964 million, 1.2668 million, 0.8542 million. These values account for 43.73%, 26.51%, 10.93%, 4.47%, 3.01% of BAHRAIN's total exports and were up 3653.84%, up 2307.44%, up 154.92%, up 393.06%, down 94.91% comparing to the same period of last year.
During the current year until 202204, 85, 84, 28, 27, 73 were BAHRAIN's top five traded commodities importing from China , with import values of 174.3858 million, 132.0206 million, 53.1096 million, 41.4988 million, 40.8100 million. These values account for 22.32%, 16.90%, 6.80%, 5.31%, 5.22% of BAHRAIN's total imports and were up 14.11%, up 14.50%, up 205.69%, up 38.69%, up 0.24% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO
