Bahrain’s value of imports reached nearly BD333 million ($883.2 million) in February this year, while the value of national origin exports reached BD177 million ($469.5 million).

The top 10 countries accounted for 64 per cent of the imports value, according to the Foreign Trade Report of February 2017 issued by Bahrain’s Information & eGovernment Authority (iGA). It covers balance of trade, imports, exports and re-exports (national origin) goods.

According to the report, China topped the list of exporters to Bahrain with BD40 million ($106.1 million) worth goods. The UAE came second with BD34 million ($90.1 million) and Saudi Arabia ranked third with BD24 million ($63.6 million).

Saudi Arabia ranked first among the countries importing from Bahrain, with the value of imports touching BD45 million ($119.3 million). The US came second with BD35 million ($92.8 million) and the UAE too the third spot with BD20 million ($53.05 million).

As for exported products, aluminium wires emerged as the top product exported with BD26 million ($68.9 million). Agglomerated iron ores and concentrates were positioned second with a value of BD23 million ($61.01 million); and jewellery of gold stood third place for exported products with BD16 million ($42.4 million).

Meanwhile,  the value of re-exports reached BD47 million ($124.6 million).  Saudi Arabia ranked top in re-exports from Bahrain with BD17 million ($45.09 million), China came second with BD11 million ($29.18 million) and the UAE was third with BD8 million ($21.2 million).

Four-wheel drive cars emerged as the top product re-exported from Bahrain with BD11 million ($29.18 million), cigarettes came second with BD5 million ($13.2 million) and vessels for the transport of goods took the third spot with BD4 million ($10.6 million).

The trade balance -- difference between exports and imports -- declined with the value of the deficit reaching BD109 million ($289.1 million) in February, the report stated. – TradeArabia News Service