1. Overview the trade of BAHRAIN in goods current year until 202211
According to Dalian Infobank, in 202211, BAHRAIN's exports and imports of goods amounted to 2269.6263 million, and were down 6.08% comparing with the same period of last year. Among these, exports were down 9.16% at 1100.4884 million, and imports were down 2.99% at 1169.1379 million. And the corresponding trade deficit was 68.6495 million and down 1193.76%.
During the current year until 202211, BAHRAIN's total exports and imports of goods were 28280.8646 million and were up 17.64% comparing to the same period of last year. Among these, exports were 13994.4464 million and up 25.14%; imports were 14286.4183 million and up 11.12%. The total trade deficit was 291.9719 million and down 82.55%.
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 202211, BAHRAIN's imports and exports to five countries/territories were 3559.6483 million, 2763.1492 million, 2643.4928 million, 2166.9354 million, 1606.1947 million. These values correspond to 12.59%, 9.77%, 9.35%, 7.66%, 5.68% of BAHRAIN's imports and exports, and, respectively, were up 14.31%, up 43.03%, up 8.38%, up 15.92%, down 20.67% comparing to the same period of last year.
Current year until 202211, 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 202211, BAHRAIN's exports to these five countries/territories were 2743.7570 million, 1872.9449 million, 1465.8498 million, 729.1669 million, 590.8162 million. These values correspond to 19.61%, 13.38%, 10.47%, 5.21%, 4.22% of BAHRAIN's exports and, respectively, were up 23.33%, up 49.50%, down 3.43%, up 95.09%, up 14.67% comparing with the same period of last year.
Current year until 202211, 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 202211, BAHRAIN's imports from these five countries/territories were 2083.2742 million, 1539.2668 million, 1252.2613 million, 1177.6431 million, 890.2043 million. These values correspond to 14.58%, 10.77%, 8.77%, 8.24%, 6.23% of BAHRAIN's total imports and, respectively, were up 27.69%, down 16.14%, up 36.03%, up 27.84%, up 31.09% comparing with the same period of last year.
During the current year until 202211, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 1927.8657 million, 982.7406 million, 619.1269 million, 431.0769 million, 363.4253 million, and up 44.35%, up 71.28%, up 139.44%, up 2.10%, down 37.80%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, UNITED KINGDOM at 1999.6130 million, 1472.3389 million, 1078.9787 million, 392.8421 million, 338.9850 million, and up 43.49%, down 10.57%, up 29.41%, up 0.56%, down 5.21%.
Current year until 202211, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202211, 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 6681.5614 million, 3745.1307 million, 2375.9960 million, 1429.0726 million, 1163.3895 million, which were up 62.60%, down 12.05%, up 14.60%, up 31.54%, down 11.36% comparing with the same period of last year and account for 23.63%, 13.24%, 8.40%, 5.05%, 4.11% of BAHRAIN's total imports and exports.
During the current year until 202211, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 6439.4837 million, 1985.8178 million, 748.6383 million, 629.2711 million, 429.3843 million. These values correspond to 46.01%, 14.19%, 5.35%, 4.50%, 3.07% of BAHRAIN's total exports and, respectively, were up 61.61%, down 7.44%, up 53.31%, down 29.93%, up 64.55% comparing to the same period of last year.
During the current year until 202211, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 1759.3129 million, 1627.3577 million, 1360.6882 million, 990.9187 million, 909.6738 million. These values correspond to 12.31%, 11.39%, 9.52%, 6.94%, 6.37% of BAHRAIN's total exports and, respectively, were down 16.74%, up 2.67%, up 33.67%, up 4.63%, down 0.77% comparing to the same period of last year.
2. Current year until 202211, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202211, BAHRAIN-China binational exports and imports of goods amounted to 2166.9354 million and were up 15.92% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 83.6612 million and down 64.83%, imports from China to BAHRAIN were 2083.2742 million and up 27.69%. The total binational trade deficit was 1999.6130 million and up 43.49%.
During the urrent year until 202211, commodities with hs2 code, 85, 84, 27, 28, 87, were binational trade's top five traded commodities. They correspond to import and export values of 471.0239 million, 343.7234 million, 152.8133 million, 142.0611 million, 124.4726 million and makes up 21.74%, 15.86%, 7.05%, 6.56%, 5.74% of the total binational imports and exports. These values were also up 24.66%, up 5.95%, up 44.19%, up 159.23%, up 83.25% comparing to the same period last year.
During the current year until 202211, 76, 26, 87, 69, 74 were the top five traded commodities exported to China from BAHRAIN, with export values of 45.6045 million, 12.3903 million, 9.6693 million, 2.8371 million, 2.4043 million. These values account for 54.51%, 14.81%, 11.56%, 3.39%, 2.87% of BAHRAIN's total exports and were down 39.03%, up 122.04%, up 150.15%, up 63.03%, down 59.73% comparing to the same period of last year.
During the current year until 202211, 85, 84, 27, 28, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 469.7632 million, 341.3840 million, 152.7677 million, 142.0125 million, 114.8033 million. These values account for 22.55%, 16.39%, 7.33%, 6.82%, 5.51% of BAHRAIN's total imports and were up 24.39%, up 11.27%, up 44.27%, up 159.15%, up 79.21% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO
