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2021
Economic Complexity
Technology -1.21Rank 81 of 96
2022
Economic Complexity
Research -1.11Rank 123 of 135
2022
Product
Exports | Imports $20.7B | $15.4B77 of 226 |  98 of 226
2022
Per Capita Product
Exports | Imports $14.1k | $10.5k33 of 220 |  53 of 220

About

Overview In 2022 Bahrain was the number 77 economy in the world in terms of total exports and the number 98 in total imports.

Exports The top exports of Bahrain are Raw Aluminium ($4.75B), Refined Petroleum ($4.3B), Iron Ore ($2.16B), Aluminium Wire ($729M), and Aluminium Plating ($564M), exporting mostly to Saudi Arabia ($3.03B), United Arab Emirates ($2.07B), United States ($1.83B), Japan ($1.07B), and India ($928M).

In 2022, Bahrain was the world's biggest exporter of Aluminium Wire ($729M)

Imports The top imports of Bahrain are Iron Ore ($1.61B), Aluminium Oxide ($1.15B), Cars ($752M), Gold ($421M), and Gas Turbines ($356M), importing mostly from China ($2.33B), United Arab Emirates ($1.8B), Brazil ($1.43B), Australia ($1.25B), and India ($1.02B).

In 2022, Bahrain was the world's biggest importer of Pitch Coke ($238M)

Location Bahrain borders Iran, Qatar, and Saudi Arabia by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Bahrain.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Raw Aluminium$4.75B
Top Destination (2022)Saudi Arabia$3.03B

In 2022, Bahrain exported a total of $20.7B, making it the number 77 exporter in the world. During the last five reported years the exports of Bahrain have changed by $10.6B from $10.2B in 2017 to $20.7B in 2022.

The most recent exports are led by Raw Aluminium ($4.75B), Refined Petroleum ($4.3B), Iron Ore ($2.16B), Aluminium Wire ($729M), and Aluminium Plating ($564M). The most common destination for the exports of Bahrain are Saudi Arabia ($3.03B), United Arab Emirates ($2.07B), United States ($1.83B), Japan ($1.07B), and India ($928M).

Explore Visualizations

Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2021 - 2022)
South Africa$558M (+ 167%)
United States$546M (+ 42.5%)
Turkey$325M (+ 98%)
Fastest Growing Import Markets (2021 - 2022)
China$496M (+ 27.1%)
United Arab Emirates$256M (+ 16.6%)
Australia$233M (+ 22.9%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Bahrain Exports Services (2014)$2.39B
Bahrain Imports Services (2014)$1.56B

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).

Service Exports (2014)

Service Imports (2014)

Economic Complexity

Overview

Economic Complexity (Technology)-1.21Rank 81 of 96
Economic Complexity (Research)-1.11Rank 123 of 135

Most Specialized Products by RCA Index

Bahrain has a high level of specialization in Aluminium Wire (135), Stranded Aluminium Wire (125), Raw Aluminium (59), Aluminium Powder (31.9), and Ammonia (29.7). Specialization is measured using RCA, an index that takes the ratio between Bahrain observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Bahrain according to the product complexity index (PCI) are Machines; for assembling electric or electronic lamps, tubes, valves, flash-bulbs, in glass... (1.56), Prepared rubber accelerators; compound plasticisers for rubber or plastics, n.e.c. or included;... (1.14), Tungsten (wolfram); articles thereof, including waste and scrap (1.06), Railway or tramway locomotives or rolling stock; parts thereof (0.85), and Parts suitable for use solely or principally with the engines of heading... (0.79). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Bahrain according to the relatedness index, were Crude Petroleum (0.13), Petroleum Gas (0.11), Gravel and Crushed Stone (0.1), Cement (0.1), and Hard Liquor (0.1). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Bahrain is not specialized in.

Product Space

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.

Relatedness Space

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.

Relatedness Space (2022)

Diversification Frontier

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Depth

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.

Diversification Frontier

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