Bahrain, Kingdom of
Asia & Middle EastTrade in Bahrain, Kingdom of
| The Kingdom of Bahrain was the world’s 66th largest exporter of goods and 51st largest exporter of commercial services in 2021. Export values were $22.4 and $13.2 million USD respectively. The Kingdom of Bahrain’s top export category was fuels and mining products, followed by manufactures, and agricultural products. In 2019, The Kingdom of Bahrain’s main export destination markets for goods and services trade were to Saudi Arabia, the United Arab Emirates and the United States, with trade representing 139.81 per cent of GDP. In terms of imports, The Kingdom of Bahrain is the world’s 82nd largest importer of goods and 58th largest importer of commercial services. Import values were $14.2 and $10.3 million USD respectively in 2021. The Kingdom of Bahrain’s top import category was manufactures, followed by fuels and mining products and agricultural products. Leading import partners were Saudi Arabia, China and Australia. The Kingdom of Bahrain is part of 5 different Regional Trade Agreements, such as EFTA – Gulf Cooperation Council (GCC), Gulf Cooperation Council (GCC) and Gulf Cooperation Council (GCC) – Singapore. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
|
|---|---|
Official Name |
Kingdom of Bahrain |
Abbreviation |
BH |
Capital |
Manama |
WTO Membership Date |
1 January 1995 |
Legal System |
mixed legal system of Islamic (sharia) law, English common law, Egyptian civil, criminal, and commercial codes; customary law |
Language |
Arabic |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
|
Currency |
Bahraini dinar |
|
Exchange Rate |
Google Finance Currencies |
|
GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
|
Contact InformationThis section includes contact information for business support organizations and national resources. |
|
|
Business Support Organizations |
|
|
Government MSME Agency |
|
|
Copyright Offices |
|
|
Industrial Property Offices |
|
|
SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
|
|
TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
|
|
Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
|
National Tariff Finder |
https://www.customs.gov.bh/en/tariff-finder |
Last Reviewed: June, 2023
Businesses & Entrepreneurs
Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.
Policymakers & Researchers
Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.
Resources related to Bahrain, Kingdom of
View ResourceAsian Trade Centre
This is the homepage of Asian Trade Centre, the premier regional thought leader, advocate, and educator for trade in Asia.
- View Resource
2020 ADB Asia Small and Medium-Sized Enterprise Monitor Volume 1: Country and Regional Reviews
This volume reviews micro, small, and medium-sized enterprises (MSMEs) in Southeast Asia. It provides data and analysis as a resource for evidence-based policy design on MSME development.
- View Resource
APEC Small and Medium Enterprises Working Group (SMEWG)
This is the website of APEC’s Small and Medium Enterprises Working Group who works to encourage the development of SMEs and to build their capacity to engage in international trade.
