1. Overview the trade of BAHRAIN in goods current year until 202212
According to Dalian Infobank, in 202212, BAHRAIN's exports and imports of goods amounted to 2381.3889 million, and were down 7.56% comparing with the same period of last year. Among these, exports were down 9.20% at 1130.5736 million, and imports were down 6.02% at 1250.8154 million. And the corresponding trade deficit was 120.2418 million and up 40.21%.
During the current year until 202212, BAHRAIN's total exports and imports of goods were 30662.2536 million and were up 15.20% comparing to the same period of last year. Among these, exports were 15125.0200 million and up 21.70%; imports were 15537.2336 million and up 9.51%. The total trade deficit was 412.2136 million and down 76.57%.
If considering by country (region), SAUDI ARABIA, UNITED ARAB EMIRATES, UNITED STATES, CHINA, BRAZIL were BAHRAIN's top five trading partners. During the current year until 202212, BAHRAIN's imports and exports to five countries/territories were 3936.1417 million, 2927.9822 million, 2926.4548 million, 2360.4184 million, 1718.9224 million. These values correspond to 12.84%, 9.55%, 9.54%, 7.70%, 5.61% of BAHRAIN's imports and exports, and, respectively, were up 14.73%, up 9.49%, up 40.96%, up 7.85%, down 22.02% comparing to the same period of last year.
Current year until 202212, 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 202212, BAHRAIN's exports to these five countries/territories were 3048.1141 million, 1921.2377 million, 1642.2913 million, 772.5099 million, 639.3862 million. These values correspond to 20.15%, 12.70%, 10.86%, 5.11%, 4.23% of BAHRAIN's exports and, respectively, were up 23.87%, up 43.84%, up 1.17%, up 86.09%, up 12.23% comparing with the same period of last year.
Current year until 202212, 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 202212, BAHRAIN's imports from these five countries/territories were 2246.4612 million, 1649.2495 million, 1352.8738 million, 1285.6909 million, 1005.2171 million. These values correspond to 14.46%, 10.61%, 8.71%, 8.27%, 6.47% of BAHRAIN's total imports and, respectively, were up 21.59%, down 17.82%, up 31.76%, up 22.36%, up 35.76% comparing with the same period of last year.
During the current year until 202212, the trade surplus of BAHRAIN was mainly from SAUDI ARABIA, UNITED STATES, NETHERLANDS, OMAN, EGYPT at 2160.0864 million, 916.0206 million, 653.0869 million, 466.1220 million, 390.4193 million, and up 44.90%, up 53.88%, up 125.74%, down 0.23%, down 39.27%. And the trade deficits were mainly from CHINA, BRAZIL, AUSTRALIA, INDIA, UNITED KINGDOM at 2132.5040 million, 1579.5766 million, 1172.8722 million, 404.4325 million, 366.0706 million, and up 41.56%, down 12.71%, up 26.49%, up 18.53%, down 5.93%.
Current year until 202212, BAHRAIN's trade surplus or deficit with top five countries/territories During the current year until 202212, 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 7127.1771 million, 4016.0329 million, 2572.4752 million, 1530.7291 million, 1318.0031 million, which were up 54.00%, down 13.33%, up 14.19%, up 25.67%, down 6.67% comparing with the same period of last year and account for 23.24%, 13.10%, 8.39%, 4.99%, 4.30% of BAHRAIN's total imports and exports.
During the current year until 202212, 76, 26, 84, 72, 04 were BAHRAIN's top five traded commodities, with total import and export values of 6869.3001 million, 2153.6470 million, 800.8723 million, 700.8288 million, 481.0346 million. These values correspond to 45.42%, 14.24%, 5.30%, 4.63%, 3.18% of BAHRAIN's total exports and, respectively, were up 53.04%, down 8.78%, up 53.87%, down 28.13%, up 60.45% comparing to the same period of last year.
During the current year until 202212, 26, 84, 28, 85, 87 were BAHRAIN's top five traded commodities, with total import values of 1862.3859 million, 1771.6029 million, 1448.7034 million, 1078.0059 million, 1041.1390 million. These values correspond to 11.99%, 11.40%, 9.32%, 6.94%, 6.70% of BAHRAIN's total exports and, respectively, were down 18.06%, up 2.27%, up 27.19%, up 0.95%, up 4.74% comparing to the same period of last year.
2. Current year until 202212, BAHRAIN binational trade profile
According to Dalian Infobank, during the current year until 202212, BAHRAIN-China binational exports and imports of goods amounted to 2360.4184 million and were up 7.85% comparing with the same period of last year. Among these, exports from BAHRAIN to China were 113.9572 million and down 66.59%, imports from China to BAHRAIN were 2246.4612 million and up 21.59%. The total binational trade deficit was 2132.5040 million and up 41.56%.
During the urrent year until 202212, 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 510.2842 million, 371.2938 million, 162.8958 million, 144.0816 million, 140.1703 million and makes up 21.62%, 15.73%, 6.90%, 6.10%, 5.94% of the total binational imports and exports. These values were also up 19.39%, up 4.40%, up 34.09%, up 129.47%, up 84.50% comparing to the same period last year.
During the current year until 202212, 76, 26, 87, 69, 74 were the top five traded commodities exported to China from BAHRAIN, with export values of 74.6610 million, 12.3903 million, 9.8753 million, 3.0626 million, 2.6983 million. These values account for 65.52%, 10.87%, 8.67%, 2.69%, 2.37% of BAHRAIN's total exports and were down 4.11%, down 82.29%, up 131.99%, up 75.99%, down 68.84% comparing to the same period of last year.
During the current year until 202212, 85, 84, 27, 28, 87 were BAHRAIN's top five traded commodities importing from China , with import values of 509.0049 million, 368.9194 million, 162.8502 million, 144.0330 million, 130.2950 million. These values account for 22.66%, 16.42%, 7.25%, 6.41%, 5.80% of BAHRAIN's total imports and were up 19.15%, up 9.13%, up 34.16%, up 129.39%, up 81.68% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Bahrain CIO
