Local product exports value up by 25% to BD200 million | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

  • Date: 18-Feb-2021
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Economy
  • Country:Bahrain
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Local product exports value up by 25% to BD200 million | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Bahrain's value of exports of national origin has increased by 25% to BD200 million in January, up from BD160 million during the same month of the previous year.

The value of imports decreased by 9%, reaching BD406 million last month compared with BD445 million during the same month of the previous year.

This was according to the Information and eGovernment Authority (iGA) foreign trade report of January 2021, encompassing data on the balance of trade, imports, exports (national origin), and re-exports.

The trade balance, the difference between exports and imports, recorded a deficit totalling BD154 million during January compared with BD211 million during the same month of the previous year, an improvement of 27%.

The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 82%