Bahrain imports rise 3% to $1.38bln in April
- Date: 23-May-2023
- Source: Zawya
- Sector:Financial Services
- Country:Bahrain
Bahrain imports rise 3% to $1.38bln in April
The value of imports by Bahrain increased 3%, reaching BD523 million ($1.387 billion) during April 2023 in comparison with BD505 million for the same month in 2022.
The top 10 countries for imports accounted for 72% of the total value of imports, said the foreign trade report of April 2023, published by Information &eGovernment Authority (iGA). The report covers data on trade balance, imports, exports of products with national origin, and re-exports.
According to the report, Brazil ranked first for imports to Bahrain, with a total of BD79 million, followed by China with BD61 million, and then Australia with BD54 million.
Non-Agglomerated iron ores and concentrates was the top product imported to Bahrain with a total value of BD94 million, while aluminum oxide came second with BD48 million, followed by gold ingots valued at BD16 million.
The value of exports of national origin products marked a decrease of 37% to BD303 million during April 2023, compared to BD478 million for the same month in 2022. The top 10 countries accounted for 73% of the total value.
Saudi Arabia ranked first on the list of countries importing Bahraini national origin products with a value of BD88 million. The US was second with BD32 million and the