INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Bahrain’s value of indigenous exports rises 103%

Bahrain exports $2.98bn worth of products during Q4 2022.
  • Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain
  • The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million)

The value of exports of national origin of Bahrain increased by 103 percent to BD386 million ($1.06 billion) during August 2021, compared to BD190 million ($505.32 million) for the same month of the previous year.

The figures came to light as the country’s Information & eGovernment Authority issued its foreign trade report of August 2021.

The report encompasses data on the balance of trade, imports, exports (national origin), and re-exports.

The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 79 percent of the total value, with the remaining countries accounting for 21 percent.

Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain.

The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million).

Unwrought aluminum alloys emerged as the top products exported during August 2021 with BD110 million (around $293 million).

Agglomerated iron ores and concentrates was second with a value of BD108 million (around $287 million) and unwrought aluminum, which is not alloyed, third with BD15 million (around $40 million).

The total value of re-exports increased by 31 percent to reach BD58 million (around $154 million) during August 2021, compared to BD44 million (more than $117 million) for the same month of the previous year.