Bahrain-origin exports dip 8% to $941mln in January

Bahrain-origin exports dip 8% to $941mln in January

The value of Bahrain’s exports of national origin decreased by 8% reaching to BD357 million ($941 million) during January 2023, compared with BD387 million for the same month of the previous year, said the Information &eGovernment Authority (iGA) in a new report.

The top 10 countries in terms of the value of exports of national origin accounted for 77% of the total value, while the remaining countries accounting for 23%, according to iGA’s foreign trade report of January 2023.

Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD89 million from Bahrain. The US was second with BD45 million and United Arab Emirate third with BD36 million.

Unwrought aluminium alloys emerged as the top products exported during January 2023 with BD133 million, agglomerated iron ores and concentrates alloyed was second with a value of BD48 million and aluminium wire not alloyed third with BD17 million.

The total value of re-exports increased by 7% to reach BD58 million during January 2023, compared with BD54 million for the same month of the previous year.

The top 10 countries accounted for 87% of the re-exported value, while the remaining countries accounted for the 13%.

The UAE ranked first with BD19 million, Kingdom of Saudi Arabia