In 2021, Bahrain exported a total of $15B, making it the number 80 exporter in the world. During the last five reported years the exports of Bahrain have changed by $5.16B from $9.83B in 2016 to $15B in 2021.
In 2014, Bahrain exported $2.39B worth of services. The top services exported by Bahrain in 2014 were Travel ($1.2B), Transportation ($718M), Insurance services ($408M), and Other business services ($67.8M).
The top services imported by Bahrain in 2014 were Transportation ($734M), Travel ($718M), Other business services ($54.5M), and Insurance services ($53.2M).
The top export opportunities for Bahrain according to the relatedness index, were Crude Petroleum (0.11), Petroleum Gas (0.093), Cement (0.088), Gravel and Crushed Stone (0.088), and Wheat Flours (0.087). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Bahrain is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Bahrain. These are products that tend to be co-exported with the products that Bahrain exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.