Bahrain non-oil Exports of National Origin reached 1002 Million in Q4 2024
26 Jan 2025
The Information & eGovernment Authority (iGA) has released its Q4 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 increased by 1% reaching to BD1491 million in Q4 2024 in comparison with BD1476 million for same quarter in 2023. The top 10 countries for imports recorded 71% of the total value of imports.
According to the report, China ranked first for imports to Bahrain, with a total of BD215 million (14%), followed by Australia with BD158 million (11%) and The United Arab Emirate with BD114 million (8%).
Other Aluminum Oxide recorded as the top product imported to Bahrain with a total value of BD149 million (10%), followed by Non-Agglomerated Iron Ores and Concentrates with BD112 million (8%) and Parts for Aircraft Engines being the third with BD66 million (4%).
On the other hand, the value of non-oil of Exports (National Origin) has decreased by 1% reaching to BD1002 million in Q4 2024 in comparison with BD1013 million for same quarter in 2023. The top 10 countries accounted for 71% of the total export value.
The Kingdom of Saudi Arabia ranked first among countries for then non-oil exports (National Origin) with BD230 million (23%). The United States of America was second with BD130 million (13%) and The United Arab Emirate was third with BD81 million (8%).
Unwrought Aluminum Alloys recorded as the top products exported in Q4 2024 with BD278 million (28%), followed by Agglomerated Iron Ores and Concentrates Alloyed with a value of BD120 million (12%) and Unwrought Aluminum not alloyed with BD77 million (8%).
The total value of non-oil Re-exports increased by 13% to reach BD212 million during Q4 2024, compared to BD188 million for same quarter in 2023. The top 10 countries in Re-exports accounted for 80% of the re-exported value. The United Arab Emirate ranked first with BD72 million (34%) followed by Kingdom of Saudi Arabia with BD48 million (23%) and Belgium with BD11 million (5%).
As per the report, Turbo-Jets was the top product re-exported from Bahrain with a value of BD33 million (16%), followed by Four Wheel Drive BD24 million (11%), and Gold Ingots came third with BD15 million (7%).
As for the Trade Balance, which represents the difference between exports and imports, the deficit recorded BD277 million dinars in Q4 2024 compared to a deficit of BD275 million dinars in Q4 2023.
For more details, please visit the foreign trade page on the Bahrain Open Data Portal https:www.data.gov.bh
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