Bahrain-origin exports hit $1.4bln in Q4 2019 – ZAWYA

  • Date: 30-Jan-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Bahrain
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Bahrain-origin exports hit $1.4bln in Q4 2019 – ZAWYA

The value of Bahrain's exports of national origin decreased by 6 per cent to BD532 million ($1.4 billion) during fourth quarter 2019, compared to BD567 million for the same quarter of the previous year, a report said.. Saudi Arabia topped the countries receiving Bahraini exports of national origin, by importing BD138 million from Bahrain.. The total value of re-exports increased by 33 per cent reaching BD220 million in fourth quarter 2019, compared to BD165 million for the same quarter of the previous year.. The trade balance, which is the difference between exports and imports, recorded a deficit totalling BD530 million during fourth quarter 2019 compared to BD731 million in the same quarter of the previous year, achieving an improvement in the trade balance by 27 per cent.. The top 10 countries accounted for 70 per cent of the value of imports, while the remaining countries accounting for just 30 per cent..