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Mon 2 Mar 2020 02:01 PM

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Imports to Bahrain increase 20% in January to $1.2bn

According to the Information & eGovernment Authority, the value of exports of national origin decreased by 5%

Imports to Bahrain increase 20% in January to $1.2bn

Imports to Bahrain increase by 20 percent in January, reaching BD445 million ($1.2bn), compared to BD372m ($989m) for the same month the previous year.

According to a foreign trade report from the Information & eGovernment Authority (iGA), China ranked first when it came to imports to Bahrain, with a total of BD67m ($178.2m); USA was second with BD35m ($93.1m); and Saudi Arabia was third with BD32m ($85.1m).

Non-agglomerated iron ores and concentrates emerged as the top product imported into Bahrain worth BD24m ($63.8m), while aluminium oxide was second with BD23m ($61.2m), and four-wheel drive cars third with BD17m ($45.2m).

The value of exports of national origin decreased by 5 percent to BD160m ($425.5m) during the same period.

Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD41m. Meanwhile, the UAE was second with BD22m ($58.5m) and India third with BD12m ($31.9m).

Unwrought aluminium alloys emerged as the top products exported during January 2020 worth BD13m ($34.6m); brigdes and bridge-sections was second. While aluminium wire not alloyed scored third with a value of BD12m ($31.9m) for both.

The total value of re-exports increased by 28 percent to reach BD74m ($196.8m) during January 2020, compared to BD58m ($154.3m) for the same month of the previous year.

The UAE ranked first with BD24m ($63.8m), Saudi Arabia second with BD19m ($50.5m), and Hong Kong third with BD6m ($16m).

Gold ingots emerged as the top product re-exported from Bahrain with BD17m ($$45.2m), four-wheel drive cars came in second place with BD8m ($21.3m), and parts for machines of working metal came third with BD4m ($10.6m).

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