iGA publishes foreign trade report of October

iGA publishes foreign trade report of October

The Information & eGovernment Authority (iGA) has published its foreign trade report of October, which encompasses data on Trade Balance, imports, exports of products with national origin, and re-exports. The value of imports has increased by 12%, reaching to BD561 million during October in comparison with BD500 million for the same month in 2022. The top 10 countries for imports marked with 70% of the total value of imports.China ranked first for imports to Bahrain, with a total of BD76 million, followed by Brazil being the second with 75 million, and United Arab Emirates as a third with 46 million.Non-Agglomerated Iron Ores and Concentrates Alloyed marked as the top product imported to Bahrain with a total value of 89 million, while Other Aluminum Oxide was second with 41 million, followed by Smartphones being the third with BD19 million.The value of exports of products with national origin marked a decrease by 13% with a value of BD349 million during October 2023, compared to BD400 million for the same month in 2022. The top 10 countries accounted for 70% of the total export value. Saudi Arabia ranked first among countries Bahraini exports of national origin BD86