Jewellery and Airplane Parts Top Bahrain’s Re-exports in January

Jewellery and Airplane Parts Top Bahrain’s Re-exports in January

Airplanes parts, digital automatic data processing machines and gold jewellers were the top three products Bahrain re-exported in January this year, with the total re-export value rising 7%, latest iGA report said.

The UAE and Saudi Arabia were the top two purchasers, accounting for BD19 million and BD17 million respectively. In total, re-exports increased by 7% from BD54 million to BD58 m in January 2023, with the top 10 countries accounting for 87% of the re-exported value.

Value of re-exported products were: airplanes parts (BD10 m), digital automatic data processing machines (BD2.1 m) and gold jewellery (BD1.8 m).

On the other hand, the value of Bahraini product exports decreased by 8% in January 2023 compared to the same month in the previous year, while imports rose 4%, resulting in a trade balance deficit of BD51 m.

The top 10 countries accounted for 77% of the purchase, with Saudi Arabia topping the list by purchasing BD89 m worth of Bahraini products, followed by the United States of America and the United Arab Emirates with BD45 m and BD36 m purchases, respectively.

The exports of national origin products totalled BD357 m, with unwrought aluminium alloys being the top export at BD133 m.

In second and third positions were