Monitor Report of BAHRAIN trade and BAHRAIN-China binational trade in 202205

 1.  Overview the trade of BAHRAIN in goods current year until 202205

According to Dalian Infobank, in 202205, BAHRAIN's exports and imports of goods amounted to 2751.8545 million, and were up 39.89% comparing with the same period of last year. Among these, exports were up 53.20% at 1375.0387 million, and imports were up 28.72% at 1376.8158 million. And the corresponding trade deficit was 1.7770 million and down 98.97%.

During the current year until 202205, BAHRAIN's total exports and imports of goods were 12887.3122 million and were up 29.74% comparing to the same period of last year. Among these, exports were 6542.7401 million and up 58.18%; imports were 6344.5721 million and up 9.45%. The total trade surplus was 198.1680 million and down 111.93%.

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 202205, BAHRAIN's imports and exports to five countries/territories were 1603.4816 million, 1368.7605 million, 1088.3691 million, 995.6355 million, 719.9064 million. These values correspond to 12.44%, 10.62%, 8.45%, 7.73%, 5.59% of BAHRAIN's imports and exports, and, respectively, were up 24.06%, up 100.45%, down 0.16%, up 25.36%, up 74.50% comparing to the same period of last year.

Current year until 202205, 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 202205, BAHRAIN's exports to these five countries/territories were 1220.4825 million, 1048.3502 million, 574.9911 million, 373.4833 million, 333.3376 million. These values correspond to 18.65%, 16.02%, 8.79%, 5.71%, 5.09% of BAHRAIN's exports and, respectively, were up 35.63%, up 201.76%, down 14.17%, up 1079.20%, up 215.74% comparing with the same period of last year.

Current year until 202205, BAHRAIN's exports to top five countries/territories CHINA, AUSTRALIA, BRAZIL, 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 202205, BAHRAIN's imports from these five countries/territories were 964.4294 million, 619.0633 million, 618.5399 million, 513.3780 million, 387.3514 million. These values correspond to 15.20%, 9.76%, 9.75%, 8.09%, 6.11% of BAHRAIN's total imports and, respectively, were up 34.90%, up 60.51%, down 24.37%, up 22.17%, up 30.84% comparing with the same period of last year.

During the current year until 202205, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, ITALY at 837.4834 million, 727.9399 million, 286.2580 million, 239.3001 million, 187.2890 million, and up 65.11%, up 5979.08%, up 421.73%, up 15.04%, down 181.48%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, JAPAN at 933.2234 million, 589.4804 million, 518.2202 million, 191.9848 million, 129.6483 million, and up 46.82%, down 23.99%, up 44.42%, down 0.68%, down 38.92%.

Current year until 202205, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202205,  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 3345.6150 million, 1538.8204 million, 931.4699 million, 712.7154 million, 530.8119 million, which were up 185.11%, down 15.17%, down 1.18%, up 56.32%, down 24.39% comparing with the same period of last year and account for 25.96%, 11.94%, 7.23%, 5.53%, 4.12% of BAHRAIN's total imports and exports.

During the current year until 202205, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 3253.4471 million, 852.8835 million, 289.7260 million, 265.7181 million, 199.0403 million. These values correspond to 49.73%, 13.04%, 4.43%, 4.06%, 3.04% of BAHRAIN's total exports and, respectively, were up 187.41%, down 2.07%, up 45.14%, down 27.95%, up 126.97% comparing to the same period of last year.

During the current year until 202205, 28, 26, 84, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 688.7343 million, 685.9368 million, 641.7440 million, 454.1139 million, 414.1817 million. These values correspond to 10.86%, 10.81%, 10.11%, 7.16%, 6.53% of BAHRAIN's total exports and, respectively, were up 60.26%, down 27.26%, down 13.62%, down 2.78%, down 15.36% comparing to the same period of last year.


2. Current year until 202205, BAHRAIN binational trade profile

According to Dalian Infobank, during the current year until 202205, BAHRAIN-China binational exports and imports of goods amounted to 995.6355 million and were up 25.36% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 31.2060 million and down 60.65%, imports from China to BAHRAIN were 964.4294 million and up 34.90%. The total binational trade deficit was 933.2234 million and up 46.82%.

During the urrent year until 202205, 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 213.1062 million, 168.2160 million, 80.6705 million, 50.9578 million, 47.9357 million and makes up 21.40%, 16.90%, 8.10%, 5.12%, 4.81% of the total binational imports and exports. These values were also up 20.27%, up 8.09%, up 229.96%, up 38.89%, up 41.24% comparing to the same period last year.

During the current year until 202205, 26, 76, 87, 69, 84 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 7.6592 million, 4.2644 million, 1.5068 million, 1.3795 million. These values account for 39.70%, 24.54%, 13.67%, 4.83%, 4.42% of BAHRAIN's total exports and were up 1599.85%, up 1839.03%, up 113.38%, up 429.59%, down 91.82% comparing to the same period of last year.

During the current year until 202205, 85, 84, 28, 27, 81 were BAHRAIN's top five traded commodities importing from China , with import values of 212.8038 million, 166.8365 million, 80.6705 million, 50.9160 million, 46.7313 million. These values account for 22.07%, 17.30%, 8.36%, 5.28%, 4.85% of BAHRAIN's total imports and were up 20.17%, up 20.23%, up 229.96%, up 38.77%, up 656.70% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Bahrain CIO