International Trade in Bahrain

International Trade in Bahrain

In a region experiencing an oil boom, Bahrain has the fastest growing economy in the Arab world. Production and refining of oil account for nearly 70% of the country's income. Moreover, Bahrain is striving to position itself as the regional center of financial, telecommunications, and... Read more

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Market Analyses About Bahrain (38)

Import and Export Services in Bahrain (111)

  • Atlantica Translation Company

    Atlantica Translation Company

    Translation Services, Bahrain

    Professional Translation Services English to Russian, Russian to English: — marketing translation — technical...
  • ABINA Optimal Solar Collectors Co. Ltd.

    ABINA Optimal Solar Collectors Co. Ltd.

    Market Research, Bahrain

    Optimal FTS started  operation as an engineering and consulting firm in 1996. Up to the current day we have performed services to...

Business Tips About Bahrain (11)

Agents and Distributors in Bahrain (7)

  • MARVEL INTERNATIONAL WLL

    MARVEL INTERNATIONAL WLL

    Chemical Sales and Distribution, Bahrain

    We are Manufacturers and Traders of cleaning detergents and water treatment chemcials --- SLES, LABSA, CASTIC SODA, SODIUM HYPOCHLORITE,...
  • Lights up Professional SARL

    Lights up Professional SARL

    Distributors, Bahrain

    Distribution of professional lighting systems for Tv Studios and Theatres

Overview About International Trade in Bahrain

Economic Overview

In a region experiencing an oil boom, Bahrain has the fastest growing economy in the Arab world. Production and refining of oil account for nearly 70% of the country's income. Moreover, Bahrain is striving to position itself as the regional center of financial, telecommunications, and transportation services. Slightly affected by the economic crisis, Bahrain experienced a 3.1% growth in 2009 and 4% in 2010, driven by the increase in oil prices, the global economic recovery and fiscal stimulus measures. The future outlook is positive.

The government of Bahrain is actively pursuing the diversification and privatization of its economy in order to reduce the country's dependence on oil. Even though the production of crude oil will slowly decrease in the future years, the economic situation in Bahrain remains healthy for the time being. As a fact, the dynamism of activities outside the hydrocarbons should remain such as the degradation of the main indicators of the Kingdom remain limited. The situation of foreign accounts should remain comfortable. The main unknown outcome depends on capital moves and the results of the global balance. Corruption at a high level, unempl...

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