UAE-Bahrain Trade Returning To Pre-coronavirus Levels

Bahrain's trade for the first half of the year reached $10.4bn globally, down 2% on 2019

Trade between the UAE and Bahrain has returned to levels not seen since before the Covid-19 pandemic, with new figures revealing $936 million in bi-lateral commerce during the first half of the year.

June's figures showed the positive economic impact of support measures on the economies of both countries, with trade returning to $139.6 million – the highest levels since coronavirus struck the region in March this year.

The recent reopening of the King Fahd Causeway to transit traffic is expected to further boost trade numbers in the latter half of the year.

According to the new figures, Bahrain's overall trade for the year-half reached $10.4 billion globally, including $2.9 billion to other GCC nations.

Bahrain's overall trade for the year-half reached $10.4 billion globally

Despite the Covid-19 pandemic, the kingdom's overall global trade figures during H1 reduced by just two percent.

Exports to the GCC over the first half of the year represented 66 percent of the total figure, while imports to the kingdom from the rest of the GCC represented 34 percent of Bahrain's bilateral trade.

Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.
RECENT NEWS

Saxo Outrageous Predictions 2026: AI CEOs, Chinas Golden Yuan And A Taylor Swift-driven Economic Boom

Saxo Outrageous Predictions 2026 explore AI CEOs, China’s golden yuan, obesity drugs for pets and a Taylor Swift wedd... Read more

Du Pay Tops AED 1.5bn In Digital Transactions As UAE Pushes Towards Cashless Future

Fintech platform marks rapid growth less than two years after launch as it showcases adoption among underserved expat c... Read more

Sharjah Islamic Bank Lists $500m Sukuk On Nasdaq Dubai

Second listing of 2025 under the bank’s $3bn programme reinforces investor confidence and strengthens Dubai’s role ... Read more

Qatar Updates Capital Market Laws With New Offering, Listing And M&A Rules To Boost Foreign Investment

Qatar issues new offering, listing and M&A rules to streamline capital markets, enhance transparency and support fo... Read more

Erad Secures $125m Facility To Expand SME Finance Across The Gulf

Deal led by Jefferies marks the investment bank’s first asset backed financing transaction in the GCC as erad moves d... Read more

BlueFive Capital Unveils New Platform Targeting GCC Insurance Consolidation

Investment firm BlueFive Capital aims to build a scaled, tech driven regional insurer as it pursues acquisitions The po... Read more