1. Overview the trade of BAHRAIN in goods current year until 202210
According to Dalian Infobank, in 202210, BAHRAIN's exports and imports of goods amounted to 2613.4631 million, and were up 12.20% comparing with the same period of last year. Among these, exports were up 14.00% at 1283.9022 million, and imports were up 10.51% at 1329.5609 million. And the corresponding trade deficit was 45.6587 million and down 40.63%.
During the current year until 202210, BAHRAIN's total exports and imports of goods were 26011.2383 million and were up 20.29% comparing to the same period of last year. Among these, exports were 12893.9580 million and up 29.31%; imports were 13117.2803 million and up 12.58%. The total trade deficit was 223.3223 million and down 86.71%.
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 202210, BAHRAIN's imports and exports to five countries/territories were 3250.6459 million, 2553.1980 million, 2402.2010 million, 1994.0760 million, 1458.6869 million. These values correspond to 12.50%, 9.82%, 9.24%, 7.67%, 5.61% of BAHRAIN's imports and exports, and, respectively, were up 14.98%, up 45.22%, up 7.94%, up 25.95%, down 21.12% comparing to the same period of last year.
Current year until 202210, 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 202210, BAHRAIN's exports to these five countries/territories were 2507.0377 million, 1743.1981 million, 1344.8900 million, 684.5849 million, 534.4583 million. These values correspond to 19.44%, 13.52%, 10.43%, 5.31%, 4.15% of BAHRAIN's exports and, respectively, were up 23.48%, up 55.08%, down 3.88%, up 132.97%, up 16.64% comparing with the same period of last year.
Current year until 202210, 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 202210, BAHRAIN's imports from these five countries/territories were 1932.7644 million, 1421.8040 million, 1157.0395 million, 1057.3110 million, 810.0000 million. These values correspond to 14.73%, 10.84%, 8.82%, 8.06%, 6.18% of BAHRAIN's total imports and, respectively, were up 32.98%, down 15.82%, up 40.09%, up 27.94%, up 27.74% comparing with the same period of last year.
During the current year until 202210, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 1763.4295 million, 933.1981 million, 586.0410 million, 386.1862 million, 328.2046 million, and up 42.96%, up 90.46%, up 208.98%, up 3.60%, down 38.41%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, UNITED KINGDOM at 1871.4529 million, 1384.9210 million, 990.1801 million, 377.5909 million, 329.4711 million, and up 41.40%, down 9.42%, up 32.41%, up 9.96%, up 1.52%.
Current year until 202210, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202210, 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 6240.4988 million, 3469.6459 million, 2214.0662 million, 1329.3497 million, 1056.8861 million, which were up 74.60%, down 10.99%, up 15.01%, up 38.26%, down 13.23% comparing with the same period of last year and account for 23.99%, 13.34%, 8.51%, 5.11%, 4.06% of BAHRAIN's total imports and exports.
During the current year until 202210, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 6016.6426 million, 1842.3787 million, 691.4373 million, 587.2802 million, 388.4757 million. These values correspond to 46.66%, 14.29%, 5.36%, 4.55%, 3.01% of BAHRAIN's total exports and, respectively, were up 73.53%, down 5.68%, up 53.17%, down 25.62%, up 69.40% comparing to the same period of last year.
During the current year until 202210, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 1627.2672 million, 1522.6289 million, 1265.3310 million, 913.6501 million, 831.4984 million. These values correspond to 12.41%, 11.61%, 9.65%, 6.97%, 6.34% of BAHRAIN's total exports and, respectively, were down 16.33%, up 3.32%, up 40.15%, up 5.93%, down 1.80% comparing to the same period of last year.
2. Current year until 202210, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202210, BAHRAIN-China binational exports and imports of goods amounted to 1994.0760 million and were up 25.95% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 61.3115 million and down 52.78%, imports from China to BAHRAIN were 1932.7644 million and up 32.98%. The total binational trade deficit was 1871.4529 million and up 41.40%.
During the urrent year until 202210, 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 436.8596 million, 323.7060 million, 139.8542 million, 131.7197 million, 110.7487 million and makes up 21.91%, 16.23%, 7.01%, 6.61%, 5.55% of the total binational imports and exports. These values were also up 30.68%, up 9.83%, up 178.92%, up 55.40%, up 83.57% comparing to the same period last year.
During the current year until 202210, 76, 26, 87, 69, 84 were the top five traded commodities exported to China from BAHRAIN, with export values of 24.5056 million, 12.3903 million, 9.3429 million, 2.5733 million, 2.3090 million. These values account for 39.97%, 20.21%, 15.24%, 4.20%, 3.77% of BAHRAIN's total exports and were up 754.28%, up 1599.85%, up 158.41%, up 281.32%, down 86.75% comparing to the same period of last year.
During the current year until 202210, 85, 84, 28, 27, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 435.6074 million, 321.3970 million, 139.8056 million, 131.6740 million, 101.4058 million. These values account for 22.54%, 16.63%, 7.23%, 6.81%, 5.25% of BAHRAIN's total imports and were up 30.38%, up 15.90%, up 178.83%, up 55.34%, up 78.80% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO
