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Bahrain's imports hit BD433m in July.

MANAMA: Bahrain imported goods worth about BD433 million in July, while the top 10 countries account for 64 per cent of the imports value and 36pc for other countries.

The Information & eGovernment Authority (iGA) had issued its foreign trade report of July 2017 which encompasses balance of trade, imports, exports and re-export (national origin).

According to the report, China was ranked as the first country that exports to Bahrain with BD65m; the UAE as the second with BD52m and Japan was ranked third with BD28m.

Non-agglomerated ores and concentrates emerged as the top product imported to Bahrain with BD16m, while the four-wheel drive as the second with BD14m. Aluminium oxide was the third product with BD12m during July 2017.

Additionally, the value of the exported national origin goods has reached approximately BD145m. The top 10 countries account for 80pc of the exported national origin value and 20pc for other countries.

KSaudi Arabia was ranked as the first country importing from Bahrain with BD37m; the US came second with BD24m and the UAE third with BD15m.

As for exported products, aluminium wire emerged as the top product exported in July 2017 with BD20m; agglomerated iron ores and concentrates were positioned second products exported with a value of BD13m; and unwrought aluminium alloys third with BD11m.

In regards to the re-exported field, the value has reached BD44m. The top 10 countries account for 94pc of the re-exported value and 6pc for other countries. Saudi Arabia was ranked as the first country to re-export from Bahrain with BD20m, China second with BD8m and the UAE third with BD6m.

Four-wheel drive cars emerged as the top product re-exported from Bahrain with BD10.2m, cigarettes second with BD1.8m, and sedan cars third with BD1.6m.

The trade deficit, difference between exports and imports, was BD244m in May.

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Publication:Gulf Daily News (Manama, Bahrain)
Date:Aug 31, 2017
Words:324
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