1. Overview the trade of BAHRAIN in goods current year until 202206
According to Dalian Infobank, in 202206, BAHRAIN's exports and imports of goods amounted to 2829.6233 million, and were up 31.13% comparing with the same period of last year. Among these, exports were up 15.75% at 1298.9338 million, and imports were up 47.81% at 1530.6895 million. And the corresponding trade deficit was 231.7557 million and down 367.55%.
During the current year until 202206, BAHRAIN's total exports and imports of goods were 15716.9355 million and were up 29.99% comparing to the same period of last year. Among these, exports were 7841.6739 million and up 49.12%; imports were 7875.2616 million and up 15.26%. The total trade deficit was 33.5877 million and down 97.87%.
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 202206, BAHRAIN's imports and exports to five countries/territories were 1903.1079 million, 1586.2097 million, 1342.8126 million, 1227.7616 million, 877.9604 million. These values correspond to 12.11%, 10.09%, 8.54%, 7.81%, 5.59% of BAHRAIN's imports and exports, and, respectively, were up 21.14%, up 87.72%, up 2.35%, up 25.49%, up 74.25% comparing to the same period of last year.
Current year until 202206, 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 202206, BAHRAIN's exports to these five countries/territories were 1442.0788 million, 1138.9879 million, 728.9146 million, 405.7163 million, 354.3175 million. These values correspond to 18.39%, 14.52%, 9.30%, 5.17%, 4.52% of BAHRAIN's exports and, respectively, were up 31.99%, up 152.64%, down 12.70%, up 739.86%, up 188.88% comparing with the same period of last year.
Current year until 202206, 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 202206, BAHRAIN's imports from these five countries/territories were 1192.7218 million, 800.6585 million, 738.3769 million, 613.8981 million, 494.7585 million. These values correspond to 15.15%, 10.17%, 9.38%, 7.80%, 6.28% of BAHRAIN's total imports and, respectively, were up 39.08%, down 16.03%, up 57.81%, up 28.69%, up 42.07% comparing with the same period of last year.
During the current year until 202206, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 981.0496 million, 691.7661 million, 299.7576 million, 246.7990 million, 238.4707 million, and up 59.73%, up 1120.41%, up 376.25%, down 5.47%, down 25.80%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, JAPAN at 1157.6821 million, 767.2614 million, 598.7934 million, 235.8103 million, 157.7596 million, and up 57.13%, down 15.16%, up 38.64%, up 15.77%, down 37.92%.
Current year until 202206, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202206, 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 3896.7701 million, 1985.5686 million, 1183.4240 million, 856.5706 million, 637.4724 million, which were up 148.76%, down 9.84%, up 4.66%, up 55.41%, down 22.11% comparing with the same period of last year and account for 24.79%, 12.63%, 7.53%, 5.45%, 4.06% of BAHRAIN's total imports and exports.
During the current year until 202206, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 3765.8683 million, 1065.0707 million, 360.0539 million, 346.4514 million, 228.0943 million. These values correspond to 48.02%, 13.58%, 4.59%, 4.42%, 2.91% of BAHRAIN's total exports and, respectively, were up 148.29%, down 5.44%, up 42.49%, down 26.99%, up 118.60% comparing to the same period of last year.
During the current year until 202206, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 920.4980 million, 823.3702 million, 820.1896 million, 558.0006 million, 497.2745 million. These values correspond to 11.69%, 10.46%, 10.41%, 7.09%, 6.31% of BAHRAIN's total exports and, respectively, were down 14.45%, down 6.22%, up 58.08%, up 4.72%, down 13.12% comparing to the same period of last year.
2. Current year until 202206, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202206, BAHRAIN-China binational exports and imports of goods amounted to 1227.7616 million and were up 25.49% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 35.0398 million and down 71.00%, imports from China to BAHRAIN were 1192.7218 million and up 39.08%. The total binational trade deficit was 1157.6821 million and up 57.13%.
During the urrent year until 202206, 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 263.9891 million, 201.2804 million, 105.7097 million, 72.4049 million, 58.9064 million and makes up 21.50%, 16.39%, 8.61%, 5.90%, 4.80% of the total binational imports and exports. These values were also up 32.83%, up 7.79%, up 242.99%, up 47.33%, up 55.27% comparing to the same period last year.
During the current year until 202206, 26, 76, 87, 84, 69 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 7.7971 million, 5.4878 million, 1.8889 million, 1.7427 million. These values account for 35.36%, 22.25%, 15.66%, 5.39%, 4.97% of BAHRAIN's total exports and were up 1599.85%, up 1873.92%, up 140.32%, down 88.89%, up 385.66% comparing to the same period of last year.
During the current year until 202206, 85, 84, 28, 27, 81 were BAHRAIN's top five traded commodities importing from China , with import values of 263.5896 million, 199.3915 million, 105.7097 million, 72.3592 million, 58.5628 million. These values account for 22.10%, 16.72%, 8.86%, 6.07%, 4.91% of BAHRAIN's total imports and were up 32.71%, up 17.47%, up 242.99%, up 47.23%, up 579.82% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO