Trade Trend

In 2023, Bahrain's total export value is 12.39Billion USD, total import value is 15.37Billion USD, Deficit is -2.97Billion USD, and foreign trade dependency is 0.643. In 2023，Bahrain's top export products are Aluminium; unwrought(3.32Billion USD), Iron ores and concentrates; including roasted iron pyrites(1.83Billion USD), Aluminium wire(695.80Million USD), top export destinations are Saudi Arabia(2.91Billion USD), United Arab Emirates(1.77Billion USD), United States(1.04Billion USD). In 2023, Bahrain's top import products are Iron ores and concentrates; including roasted iron pyrites(1.60Billion USD), Aluminium oxide (including artificial corundum); aluminium hydroxide(1.19Billion USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(888.99Million USD), top import origins are China(2.15Billion USD), United Arab Emirates(1.45Billion USD), Brazil(1.39Billion USD).

Comparing to 2022, Bahrain's total export value decreased -2.73Billion USD(-18.07%) in 2023, this could result from its export decreases of products such as Aluminium; unwrought(-1.99Billion USD or -37.41%), Iron ores and concentrates; including roasted iron pyrites(-318.63Million USD or -14.82%), Parts suitable for use solely or principally with the engines of heading no. 8407 or 8408(-268.61Million USD or -73.24%) and export decreases to countries/economics such as United States(-881.83Million USD or -45.90%), Oman(-259.11Million USD or -40.52%), Mexico(-257.45Million USD or -69.17%). Comparing to 2022, Bahrain's total import value decreased -170.39Million USD(-1.10%) in 2023, this could result from its import decreases of products such as Iron ores and concentrates; including roasted iron pyrites(-255.66Million USD or -13.77%), Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals(-98.21Million USD or -25.58%), Copper; refined and copper alloys, unwrought(-70.22Million USD or -59.53%), and its import decreases from countries/economies such as Brazil(-257.64Million USD or -15.62%), India(-159.97Million USD or -17.69%), Australia(-97.27Million USD or -7.19%).

Cumulated to first 7 months of 2024, Bahrain's total export value is 5.17Billion USD, total import value is 6.49Billion USD, and tradedeficit is -1.32Billion USD. Cumulated to first 7 months of 2024, Bahrain's top export products are Aluminium; unwrought(1.28Billion USD), Iron ores and concentrates; including roasted iron pyrites(956.37Million USD), Aluminium wire(267.35Million USD), and top export destinations are Saudi Arabia(1.27Billion USD), United Arab Emirates(806.86Million USD), United States(392.86Million USD). Cumulated to first 7 months of 2024, Bahrain's top import products are Aluminium; unwrought(1.28Billion USD), Iron ores and concentrates; including roasted iron pyrites(956.37Million USD), Aluminium wire(267.35Million USD), and top import origins areChina(890.00Million USD), Brazil(593.83Million USD), Australia(558.70Million USD).