Bahrain non-oil Exports of National Origin reached BD277 million in April 2024

The Information and 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, comp ared 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 (National Origin) with BD76 million (27%). The United Arab Emirate (UAE) was second with BD30 million (11%) and the United States of America (US) was third with BD26 million (9%). Unwrought Aluminum Alloys recorded as the top products exported in April 2024 with BD74 million (27%), followed by Agglomerated Iron Ores and Concentrates Alloyed with a value of BD60 million (22%) and Aluminum Wire not Alloyed with BD12 million (4%). The total value of non-oil Re-exports increased by 16% to reach BD78 million during April 2024, compared to BD67 million for same month in 2023. The top 10 countries in Re-exports accounted for 93% of the re-exported value. Jordan ranked first with BD17 million (22%) followed by The United Arab Emirate with BD14 million (18%) and France with BD11 million (14%). A s per the report, Turbo-Jets was the top product re-exported from Bahrain with a value of BD40 million (51%), followed by Smartphones BD2.4 million (3.1%), and Gold Ingots came third with BD2.1 million (2.7%). As for the Trade Balance, which represents the difference between exports and imports, the deficit recorded BD126 million dinars in April 2024 compared to a deficit of BD152 million dinars in April 2023. Source: Bahrain News Agency