Export of national products jump 85% in October, deficit drops | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Export of national products jump 85% in October, deficit drops | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Export of Made-in-Bahrain products jumped 85% in October from the same month a year ago, as the Kingdom also recorded a 74% decrease in the deficit. The deficit, the difference between exports and imports, reached BD29 m during October of 2021, a decrease of 74% from BD111 m for the same month of the previous year. Export of made-in-Bahrain produce surged 85% to BD366 million during October 2021 from BD198 m in the same month a year ago. The data is according to the latest foreign trade report issued by the Information &eGovernment Authority. The top 10 countries purchased from Bahrain accounted for 67% of the total value, with the remaining countries accounting for 33%. Saudi Arabia ranked first, importing BD53 m worth of national products from Bahrain. The United Arab Emirate was second with BD37 m and the United States of America third with BD33 m. Unwrought aluminium alloys emerged as the top products exported during October 2021 with BD101 m, Agglomerated iron ores and concentrate alloyed was second with a value of BD60 m and Semi-finished iron and steel third with BD 26 m.