Bahrain's January 2025 foreign trade data revealed that iron ore exports have become the country's largest export item. Agglomerated iron ores and concentrates was the most exported product with BHD 92 million (USD 244 million).
According to the January 2025 Foreign Trade Report released by Bahrain's Information and E-Government Authority (IGA), the country's oil exports mills increased by 0.3% to BHD 351 million (USD 931 million) compared to the same month last year. Iron ores accounted for the largest share of exports, followed by aluminum alloys with BHD 56 million (USD 149 million).
Bahrain's largest export market was Saudi Arabia with BHD 79 million (USD 209 million), followed by the United Arab Emirates with BHD 42 million (USD 111 million) and Qatar with BHD 40 million (USD 106 million).
On the other hand, Bahrain's non-oil imports decreased by 7% to BHD 496 million (around USD 1.3 billion) in January 2025. Australia was the largest importer with BHD 92 million (USD 244 million), followed by China with BHD 74 million (USD 196 million) and the United Arab Emirates with BHD 37 million (USD 98 million). Iron ores and concentrates stood out among the most imported products with BHD 28 million (USD 74 million).
Non-oil re-exports increased by 6%, reaching a total re-export value of BHD 71 million (USD 188 million). The largest market was the UAE with BHD 26 million (USD 69 million), with Saudi Arabia and Qatar ranking second and third.
With all these developments, Bahrain's foreign trade deficit showed a significant decrease from BHD 118 million (USD 313 million) in January last year to BHD 74 million (USD 196 million) in the same period this year.
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