Bahrain exports BD406 Million Worth of Products of National Origins during November 2021
14 Dec 2021
The Information &eGovernment Authority (iGA) issued its foreign trade report of November 2021, encompassing data on the balance of trade, imports, exports (national origin), and re-exports.
The value of imports increased by 13%, reaching BD453 million during November 2021 compared to BD402 million for the same month of the previous year. The top 10 countries accounted for 71% of the value of imports, with the remaining countries accounting for 29%.
According to the report, China ranked first when it came to imports to Bahrain, with a total of BD67 million, Brazil was second with BD55 million, and United Arab Emirate was third with BD36 million.
Non-agglomerated iron ores and concentrates emerged as the top product imported into Bahrain with a total value of BD63 million, while Aluminum oxide was second with BD39 million, and jewellery of gold third with BD18 million.
The value of exports of national origin increased by 111% to BD406 million during November 2021, compared to BD192 million for the same month of the previous year. The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 74% of the total value, with the remaining countries accounting for 26%.
The Kingdom of Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD62 million from Bahrain. Meanwhile, The United States of America was second with BD47 million and China third with BD38 million.
Unwrought aluminum alloys emerged as the top products exported during November 2021 with BD107 million, Agglomerated iron ores and concentrates alloyed was second with a value of BD70 million and unwrought aluminum not alloyed third with BD 33million.
The total value of re-exports increased by 7% to reach BD49 million during November 2021, compared to BD46 million for the same month of the previous year. The top 10 countries accounted for 88% of the re-exported value, while the remaining countries accounted for the 12%. The United Arab Emirate ranked first with BD13 million, Kingdom of Saudi Arabia second with BD11 million, and Singapore third with BD7 million.
Parts for airplanes the top product re-exported from Bahrain with BD7million, gold ingots came in second place with BD5 million, and precious metal came third with BD3 million.
As for the trade balance, which represents the difference between exports and imports, it recorded a surplus of (2 million dinars) in the value of the trade balance in November of 2021 compared to the same month of the previous year, which recorded a deficit of (163 million dinars), and thus the value of the deficit decreased by 101% year-on-year
Note: For more details, please visit the foreign trade page on the Bahrain Open Data Portalwww.data.gov.bh.