Bahrain's progress is mostly seen in the field of aluminum foil exports; in general, keep in mind that this country has been able to use organic raw materials in the production of this product. It is clear that the education situation in Bahrain has grown well in the fields of medicine and laboratory materials, and as the evidence shows, Bahrain has been able to provide good economic approaches to education. The security situation in Bahrain has also grown so well that the potential dangers for foreigners living in Bahrain are much lower than for others. As it is clear, in the economic calendar of this country, the government's investment in the field of security is very high. Bahrain has been able to grow well in the production of health products, especially women's health.
What has made Bahrain famous in the world is the improvement of the urban transportation situation with financial stability, so that the tariffs for the tickets purchased in this country have the same rate, but the transportation security has improved a lot, the government of the country. Bahrain believes that the transport situation is an important issue that needs to be carefully assessed. It is clear that life in Bahrain is going in the right direction and the people of this city believe that urban development has been in the interest of civil rights. The total value of re-exports decreased by 20% to reach BD143 million in the second quarter of 2020, compared with BD180 million for the same quarter of the previous year.
The top 10 countries accounted for 93% of the re-exported value, while the remaining countries accounted for the 7%. Saudi Arabia ranked first with BD61 million, the United Arab Emirates second with BD24 million, and China third with BD18 million. Four-wheel drive cars emerged as the top product re-exported from Bahrain with BD30 million. Parts for aero planes came in second place with BD14 million and cigarettes containing tobacco came third with BD9 million. The trade balance, the difference between exports and imports, recorded a deficit totaling BD485 million during second quarter 2020 compared to BD492 million for the same quarter of the previous year, an improvement of the trade balance by 1%.
What goods are exported to Bahrain?
Mineral fuels, mineral oils, and their distillation products.
Machinery, mechanical equipment, nuclear reactors, boilers; its parts
Electrical machinery and equipment and its parts; Audio recorders and producers of TVs
Vehicles other than railway or tram warehouses and their parts and accessories
Inorganic chemicals; organic or inorganic compounds of precious metals from rare earth metals
Ore, slag, and ash
Natural or cultured pearls, precious or semi-precious stones, precious metals, coated metals
Ships, boats, and floating structures
Iron and steel and their products
Plastics and its products
Aluminum and its products
Pharmaceutical products
Dairy products
Birds' eggs
Natural honey
Meat and its products
Furniture
Bedding, mattresses, cushions, and similar wooden items
Salt
Essential oils and resinoids; Prepared for perfume, cosmetics
Nuts
Types of clocks (wrist, wall, desktop, etc.)
Tobacco
Types of men's and women's clothing
Bahrain plays one of the main roles for Iran in international trade and every year several items are exported from Iran, of which the following can be mentioned:
What goods are exported from Iran to Bahrain?
Flooring
Sweets
Ice cream
Nuts
Apples and cucumbers
Saffron
Industrial machines such as openers and movers
If you want to have good exports, you must pay attention to the quality of the products, and domestic trade is very important in this regard; the more demand there is for products in our country, the more profitable it will be to sell them in foreign countries. Exporting to Bahrain from Bushehr is one of the common methods of international transfers between Iran and Bahrain and has many advantages:
Easy access to warm southern waters
Low energy cost
Low-cost human resource
Cultural similarity between the two regions
Neighborhood
These are among the most successful Iranian exports to Bahrain and bring a lot of benefits to Iranian traders. Keep in mind that goods that are against the culture and religion of Bahrain (such as alcohol) are made in Israel, illegal weapons, counterfeit money is on Bahrain's banned list and cannot be exported. Some important points about Iran's exports to Bahrain. There are major problems for exporters in our country that sometimes narrow the field for traders, such as the return of currency (which should be considered by the central bank), the supply of raw materials from the exporter, insufficient attention to research marketing.
Bahrain, strategically located near Iran, Saudi Arabia, and Qatar, is an archipelago with a rich cultural and economic landscape. The capital city, Manama, serves as a hub for trade and tourism. The economy has transitioned from traditional pearl diving to a robust petroleum export sector, contributing significantly to government revenue. Bahrain"s climate is characterized by hot summers and mild winters, influencing its lifestyle and economic activities. The country has a diverse population of approximately 1. 5 million people who predominantly speak Arabic and practice Islam. Cultural practices are deeply rooted in Islamic traditions, with specific customs observed during Ramadan. Bahrain"s legal framework reflects its religious values, with strict laws governing respect for the flag and religious customs.
Understanding these cultural nuances is essential for businesses engaging in trade within the region. As Bahrain continues to develop as a B2B marketplace in West Asia, it offers opportunities for verified exporters and importers to connect through regional product listings and supply chain solutions.
Bahrain"s strategic location in the Persian Gulf positions it as a vital trade hub connecting the Middle East, Asia, and Europe. It serves as a gateway for trade among Gulf Cooperation Council (GCC) countries and beyond. The nation has developed into a prominent financial center, hosting the Bahrain Financial Harbour, which attracts numerous international banks and investment firms. Despite facing economic challenges such as fiscal sustainability and unemployment, Bahrain"s government is implementing reforms to attract foreign investment. The country"s GDP growth rate is approximately -2. 49%, with significant contributions from agriculture, construction, and mining sectors. Bahrain"s trade balance shows a deficit of -320. 30 million dinars, yet it maintains a strong import-export ranking of over 80%.
The economy is diversifying beyond oil and gas, focusing on sectors like financial services, logistics, tourism, and manufacturing under its Economic Vision 2030 initiative. Infrastructure investments have enhanced logistics capabilities with a modern seaport and an international airport serving as key air cargo hubs. Bahrain"s liberal trade policies and membership in the WTO facilitate international trade relations. "
Bahrain"s economy has evolved from its traditional reliance on pearls to a diversified structure with significant contributions from tourism, petroleum, and aluminum production. The country exports 60% of its petroleum products, which constitute about 30% of its GDP. Recent growth in trade and services has reached 64%, while the construction sector contributes approximately 17%. Bahrain is recognized for its aluminum production, ranking first in the Middle East and fifth globally. The agricultural sector has also seen a modest increase of 6%. Despite limited oil and gas resources, Bahrain"s financial landscape is robust, with a capital turnover growth of 96% and a current account balance exceeding 12%. The inflation rate remains low at 0. 20%, indicating economic stability.
Bahrain"s trade processes align with modern standards, facilitating imports primarily from Japan and exports to Saudi Arabia and the United States. The country’s cultural practices, including those during Ramadan, reflect its Islamic heritage while contributing to the tourism sector"s growth. Overall, Bahrain demonstrates a strong capacity for economic development through diversification and modernization.
Bahrain"s capital, Manama, serves as a key industrial hub and a popular tourist destination. The city boasts excellent educational facilities, making it attractive for students. Muharraq is notable for its historical architecture, preserved by government efforts. Al-Riffa offers diverse experiences with its historical sections and mountainous areas. Aali is recognized for its private universities and scenic beauty, appealing to the youth. Sitra stands out as a major economic center with significant global recognition. Hamad is known for its tourism potential, supported by government initiatives. Isa is characterized by its indigenous population and a unique work environment, despite some social challenges.
Other cities like Al-Malikiyah, Al-Badi"a, and Al-Had contribute to Bahrain"s diverse urban landscape. The corporate tax rate in Bahrain is zero for foreign investors, enhancing the business environment. The social security rates are competitive, and the sales tax exceeds 5%. Trade in Bahrain is thriving, particularly among Iranian companies in services and clothing sectors. Recent immigration trends indicate a 22% increase in residents choosing Bahrain as their home, reflecting the country"s improving economic conditions.
Bahrain has made significant strides in its export sector, particularly in aluminum foil production, leveraging organic raw materials. The country"s educational advancements in medicine and laboratory materials have contributed to its economic growth. Enhanced security measures have improved the living conditions for expatriates, fostering a stable environment for business. Urban transportation has also seen improvements, with consistent ticket pricing and increased safety measures. Despite a 20% decrease in re-exports during the second quarter of 2020, Bahrain remains a key player in regional trade, with Saudi Arabia, the UAE, and China being major partners. The trade balance showed slight improvement with a deficit of BD485 million. Key exports include mineral fuels, machinery, electrical equipment, and various consumer goods. Iran is a notable trading partner for Bahrain, exporting items like flooring and sweets.
However, challenges such as currency return issues and raw material supply persist for exporters. Overall, Bahrain"s strategic location and investment in infrastructure position it as an essential hub for trade in the Middle East.
