Bahrain-GCC trade reached $5.7 billion in 2020, accounting for 25 per cent of Bahrain’s global bilateral trade for the year ($20.8 billion).
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…12 | the publication reaches you by | Bahrain News
Regional home to national and multinational manufacturing and logistics giants including Alba, Mondelez, Reckitt Benckiser and DHL, Bahrain offers a US FTA and direct access to the GCC’s largest consumer market – the Kingdom of Saudi Arabia.
Meanwhile, the country’s trade balance – the difference between exports and imports – improved by 18 per cent in Q4, recording a deficit of $1.16 billion (BHD435 million) compared to $1.41 billion (BHD530 million) in the same quarter of the previous year.
The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 72 per cent of the total value, with the remaining countries accounting for 28 per cent.
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