Bahrain Export Data

Bahrain's Import/Export Overview and Domestic Market Analysis

Imports & Exports

• Top Trade Partners: Bahrain's primary trade alliances are with Saudi Arabia, the United Arab Emirates, China, India, and the United States, showcasing its strategic position in regional and global trade networks.

• Top 5 Imports: Crude petroleum (18%), gold (7%), cars (4%), refined petroleum (3%), and aluminum ores (2%) dominate Bahrain's import list, reflecting its diverse economic needs and industrial focus.

• Top 5 Exports: Refined petroleum (23%), gold (15%), aluminum (10%), aluminum ores (4%), and cars (3%) highlight Bahrain's economic strengths, particularly in refining and metal industries.

• Trade Balance: Bahrain maintains a trade surplus, primarily due to its robust exports of refined petroleum and gold. Policy adjustments and market strategies have helped in sustaining this favorable position.

• Trade Policy: Bahrain adheres to a free trade policy, with few barriers, facilitating the flow of goods and services. It actively engages in free trade agreements to expand its market reach.

Domestic Market

• Consumer Expenditure: Consumer spending in Bahrain is robust, driven by a stable economy and a high standard of living. However, inflationary pressures have recently begun to affect household budgets.

• Interest Rates & Inflation: Interest rates have been adjusted in line with global economic indicators, aiming to control inflation, which has shown signs of increase due to global factors and supply chain disruptions.

• Supply Chain Integrity: Bahrain's supply chains are well-integrated regionally and globally. Despite global challenges, the country's logistics sector has shown resilience, minimizing disruptions to the market.

• Industry Performance: The manufacturing, financial services, and tourism sectors are thriving, contributing significantly to Bahrain's GDP. The government's support for innovation and diversification is fostering new growth areas.

Overall Outlook

Bahrain's economy, bolstered by strategic trade partnerships, a vibrant domestic market, and a forward-looking policy framework, is poised for continued growth. Challenges such as inflation and supply chain issues are being addressed with proactive measures, ensuring sustainable development.