Bahrain’s exports top BD186m

MANAMA: Bahrain’s national origin exports in April 2020 amounted to BD186 million, decreasing by nine per cent compared with BD204m for the same month of the previous year, shows the latest report from the Information and eGovernment Authority (iGA).

The report that includes data on balance of trade, imports, exports and re-exports (national origin), said that the top 10 trading partners accounted for 79pc of the value of the kingdom’s national origin exports with the remaining 21pc claimed by other countries.

Saudi Arabia was the top importer of Bahraini products, with a value of BD37m, followed by the UAE with BD20m and Egypt in third place with BD18m, the iGA said.

Unwrought aluminium alloys emerged as the top product exported from Bahrain with a value of BD37m followed by unwrought aluminium (not alloyed) with a value of BD31m and agglomerated iron ores and concentrates in third place accounting for BD22m.

The report found that the value of re-exports decreased by 42pc to BD38m during the month when compared with BD66m for the same month of the previous year, with the top 10 trading partners accounting for 93pc of the re-exported value.

Saudi Arabia was the leading market for re-exports from Bahrain accounting for a value of BD14m, followed by the UAE with BD9m and China coming third with BD4m.

Parts for aeroplanes emerged as the top product re-exported from Bahrain with a value of BD4.45m, cigarettes containing tobacco came in second place netting BD4.12m followed by parts for machines of working metal in third place with BD4.04m.

The report said value of imports decreased by 19pc reaching BD362m during the month compared with BD448m for the same period of the previous year with the top 10 trading partners accounting for 68pc of the imports value.

According to the report, China was ranked as the top exporter to Bahrain with BD61m, followed by Saudi Arabia with BD30m and Brazil in third place with BD28m.

Aluminium oxide emerged as the top product imported into Bahrain with a value of BD24.4m while non-agglomerated iron and concentrates was the second most imported at BD24m and four-wheel drive cars in third place with BD16m.

The trade balance, or the difference between exports and imports, amounted to a deficit of BD139m, versus BD178m for the same month of the previous year, an improvement by 22pc.


Source: http://www.gdnonline.com/Details/824298

 

Share this page Share on FacebookShare on TwitterShare on Linkedin
Close

Listen to 'Radio FCCIB' Videos & Podcast

Radio FCCIB is the new program launched by the French Chamber of Commerce & Industry in Bahrain, asking 3 questions to its members