iGA releases its April 2024 Foreign Trade report

iGA releases its April 2024 Foreign Trade report

The Information & eGovernment Authority (iGA) has released its April 2024 Foreign Trade report, which encompasses data on Trade Balance, Imports, national origin Exports and Re-exports. As per the report, the value of non-oil imports has decreased by 8%, reaching BD481 million in April 2024 in comparison with BD523 million for the same month in 2023. The top 10 countries for imports recorded 68% of the total value of imports.According to the report, Brazil ranked first for imports to Bahrain, with a total of BD63 million (13.1%), followed by China with BD61 million (12.7%) and Australia with 37 million (8%).Non-Agglomerated Iron Ores and Concentrates were recorded as the top product imported to Bahrain with a total value of BD80 million (17%), followed by Other Aluminum Oxide with BD33 million (7%) and Parts for Aircraft Engins being the third with BD22 million (5%).On the other hand, the total value of non-oil exports (National Origin) decreased by 9% to reach BD277 million during April 2024, compared to BD303 million for the same month in 2023. The top 10 countries in exports (National Origin) accounted for 75% of the exports (National Origin) value. Saudi Arabia ranked first among countries for then non-oil exports