Bahrain exports continue to rise after crossing $100 million milestone

Bahrain exports continue to rise after crossing $100 million milestone

Export Bahrain, a leading initiative of the Kingdom's national SME Development Board, achieved a milestone by facilitating over USD 100 million in export value as of June 2021 through the Kingdom's small and medium-sized enterprises. In the last quarter alone, 21 per cent of Export Bahrain's customers entered new markets. Export Bahrain also achieved a 21 percent increase in women exporters, a 24 per cent increase in service exporters and a 7 per cent increase in new products exported in the second quarter of 2021. This underscores the steadfast role played by Export Bahrain in strengthening the Kingdom's national SME export ecosystem and highlights the sustained development of the local export market. This upward trajectory has been achieved within more than two years of Export Bahrain's inception, marking consistent and rapid growth despite ongoing global disruptions caused by the coronavirus pandemic. Ms Fatima Aziz Rostam, Head of Operations at Export Bahrain added: "Reaching this milestone in such a short timeframe reflects the resilience, desires and ambitions of the small and medium-sized enterprises based in Bahrain and the growing export ecosystem within the country to reach global markets. With our diverse and growing list of solutions and services, and our international