1. Overview the trade of BAHRAIN in goods current year until 202209
According to Dalian Infobank, in 202209, BAHRAIN's exports and imports of goods amounted to 2520.3256 million, and were down 0.64% comparing with the same period of last year. Among these, exports were down 10.29% at 1236.6686 million, and imports were up 10.86% at 1283.6570 million. And the corresponding trade deficit was 46.9883 million and down 121.30%.
During the current year until 202209, BAHRAIN's total exports and imports of goods were 23397.7752 million and were up 21.27% comparing to the same period of last year. Among these, exports were 11610.0557 million and up 31.25%; imports were 11787.7194 million and up 12.82%. The total trade deficit was 177.6637 million and down 88.92%.
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 202209, BAHRAIN's imports and exports to five countries/territories were 2907.4235 million, 2336.3518 million, 2129.6753 million, 1803.5225 million, 1338.1549 million. These values correspond to 12.43%, 9.99%, 9.10%, 7.71%, 5.72% of BAHRAIN's imports and exports, and, respectively, were up 13.08%, up 46.63%, up 7.21%, up 26.12%, down 19.36% comparing to the same period of last year.
Current year until 202209, 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 202209, BAHRAIN's exports to these five countries/territories were 2234.5053 million, 1617.0095 million, 1198.0795 million, 597.6289 million, 478.0064 million. These values correspond to 19.25%, 13.93%, 10.32%, 5.15%, 4.12% of BAHRAIN's exports and, respectively, were up 20.21%, up 57.62%, down 4.55%, up 121.27%, up 13.92% comparing with the same period of last year.
Current year until 202209, BAHRAIN's exports to top five countries/territories CHINA, BRAZIL, AUSTRALIA, UNITED ARAB EMIRATES, UNITED STATES are the top five countries/territories that BAHRAIN imports from in terms of the total export amount. During the current year until 202209, BAHRAIN's imports from these five countries/territories were 1759.9587 million, 1301.3887 million, 1066.5067 million, 931.5957 million, 719.3423 million. These values correspond to 14.93%, 11.04%, 9.05%, 7.90%, 6.10% of BAHRAIN's total imports and, respectively, were up 34.92%, down 14.77%, up 56.12%, up 27.38%, up 26.75% comparing with the same period of last year.
During the current year until 202209, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 1561.5870 million, 897.6673 million, 510.4648 million, 342.2210 million, 330.6518 million, and up 36.19%, up 95.85%, up 191.87%, up 0.05%, down 33.68%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, UNITED KINGDOM at 1716.3949 million, 1264.6225 million, 901.5811 million, 337.2665 million, 247.7047 million, and up 45.59%, down 9.31%, up 47.11%, up 8.99%, down 18.38%.
Current year until 202209, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202209, 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 5637.6261 million, 3135.7692 million, 1914.9502 million, 1229.5079 million, 945.2091 million, which were up 80.21%, down 11.37%, up 7.40%, up 51.46%, up 2.43% comparing with the same period of last year and account for 24.09%, 13.40%, 8.18%, 5.25%, 4.04% of BAHRAIN's total imports and exports.
During the current year until 202209, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 5434.3832 million, 1680.7149 million, 577.5639 million, 511.6216 million, 350.0558 million. These values correspond to 46.81%, 14.48%, 4.97%, 4.41%, 3.02% of BAHRAIN's total exports and, respectively, were up 78.88%, down 6.25%, up 40.79%, down 22.86%, up 79.86% comparing to the same period of last year.
During the current year until 202209, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 1455.0544 million, 1337.3863 million, 1169.4074 million, 828.0702 million, 731.7930 million. These values correspond to 12.34%, 11.35%, 9.92%, 7.02%, 6.21% of BAHRAIN's total exports and, respectively, were down 16.62%, down 2.58%, up 52.87%, up 9.30%, down 7.06% comparing to the same period of last year.
2. Current year until 202209, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202209, BAHRAIN-China binational exports and imports of goods amounted to 1803.5225 million and were up 26.12% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 43.5638 million and down 65.29%, imports from China to BAHRAIN were 1759.9587 million and up 34.92%. The total binational trade deficit was 1716.3949 million and up 45.59%.
During the urrent year until 202209, 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 395.0783 million, 299.7085 million, 135.8319 million, 125.4760 million, 92.1863 million and makes up 21.91%, 16.62%, 7.53%, 6.96%, 5.11% of the total binational imports and exports. These values were also up 35.14%, up 12.00%, up 200.62%, up 63.32%, up 68.19% comparing to the same period last year.
During the current year until 202209, 26, 87, 76, 69, 74 were the top five traded commodities exported to China from BAHRAIN, with export values of 12.3903 million, 8.4034 million, 8.2560 million, 2.3923 million, 2.2643 million. These values account for 28.44%, 19.29%, 18.95%, 5.49%, 5.20% of BAHRAIN's total exports and were up 1599.85%, up 153.68%, up 864.78%, up 254.51%, down 49.29% comparing to the same period of last year.
During the current year until 202209, 85, 84, 28, 27, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 393.8481 million, 297.4626 million, 135.7833 million, 125.4304 million, 83.7830 million. These values account for 22.38%, 16.90%, 7.72%, 7.13%, 4.76% of BAHRAIN's total imports and were up 34.80%, up 18.87%, up 200.51%, up 63.26%, up 62.69% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO