Bahrain imports decrease 7 per cent to BD1.1billion in Q4

Bahrain imports decrease 7 per cent to BD1.1billion in Q4

Manama: Mahmood Rafique, Editor: The Kingdom of Bahrain reported 7% decrease in value of imports reaching BD1.191 billion during the fourth quarter of 2020 compared to BD1.282 billion for the same quarter the previous year. The top 10 countries accounted for 69% of the value of imports, with the remaining countries accounting for 31%.

According to the official statistics on trade balance, the value of exports of national origin increased by 12% to BD599 million during fourth quarter 2020, compared to BD532 million for the same quarter of the previous year. The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 72% of the total value, with the remaining countries accounting for 28%.

The Information & eGovernment Authority (iGA) on Tuesday released its foreign trade report of fourth quarter 2020, encompassing data on the balance of trade, imports, exports (national origin), and re-exports.

According to the statistics, China ranked first when it came to imports to Bahrain, with a total of BD166 million, Kingdom of Saudi Arabia  was second with BD96 million, and the Australia was third with BD87 million.

Aluminum oxide emerged as the top product imported into Bahrain with a