Bahrain imports down 8 percent to BD1.168b in Q2

Bahrain imports down 8 percent to BD1.168b in Q2

Manama: Mahmood

Rafique, Editor: The value of imports decreased by 8 per cent reaching

BD1.168 billion during second quarter of 2020

compared to

BD1.267 billion for the same quarter the previous year. The top 10 countries

accounted

for 67% of the value of imports, with the remaining countries accounting for

33%.

This came as

the Information and eGovernment Authority (iGA) issued its foreign trade report

of second quarter 2020, encompassing data on the balance of trade, imports,

exports (national origin), and re-exports.

According to

the report, China ranked first when it came to imports to Bahrain, with a total

of BD194 million, Kingdom of Saudi Arabia was second with BD79.1 million, and

the Brazil was third with BD79 million.

Aluminum

oxide emerged as the top product imported into Bahrain with a total value of

BD79 million, while non-agglomerated iron ores and concentrates was second with

BD75 million, and four-wheel drive cars third with BD43 million.

The value of

exports of national origin decreased by 9% to BD540 million during second

quarter 2020, compared to BD595 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 74% of the total value, with the remaining

countries accounting for 26%.

The Kingdom

of Saudi Arabia ranked first among countries receiving Bahraini exports