Bahrain skyline at golden hour

Bahrain Merchandise Imports (ann. var. %)

Merchandise Imports in Bahrain

Following 2022’s strong performance, annual GDP growth should have moderated so far this year. Challenges to the performance of the oil sector mounted: Year-on-year crude production plunged over 14% in the first two months of the year. Meanwhile, private spending was likely a key driver of growth at the outset of 2023; price pressures in Q1 softened to their lowest level since Q4 2021, providing some support to consumers’ budgets. In the fiscal arena, authorities presented the 2023–2024 state budget in early April; the plan aims to drastically cut the public deficit to nearly BHD 570 million (around USD 1.5 billion), a fourth of 2021–2022’s figure. Total revenue in the period is expected to be BHD 6.6 billion. In other news, Bahrain and Qatar restored diplomatic ties in April following a years-long dispute; this bodes well for trade and tourism.

Bahrain Merchandise Imports Chart

This chart displays Merchandise Imports (ann. var. %) for Bahrain from 2013 to 2022.

Bahrain Merchandise Imports Data

2017 2018 2019 2020 2021
Merchandise Imports (ann. var. %) 18.3 18.8 -9.6 -17.8 23.1

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest