Bahrain achieved a surplus in the international commodity balance of 134 million dinars during the first quarter of 2021, its total exports of oil and non-oil commodities amounted to about 1.67 billion dinars, while its imports of oil and non-oil goods amounted to about 1.54 billion dinars.
Bahrain’s oil exports jumped during the first quarter of this year to about 807 million dinars, compared to 582 million dinars during the previous quarter, and a growth rate of 38.65 percent, as a result of the rise in oil prices in global markets to more than $ 60 since the beginning of this year.
Non-oil exports reached 869 million dinars during the first quarter of 2021, compared to exports of 755 million dinars for the preceding quarter, with a growth rate of 15 percent. As for oil imports, they reached 362 million dinars during the first quarter of this year, compared to 235 million dinars for the preceding quarter, and a growth rate of 43 percent due to the increase in oil prices in addition to the increase in the volume of barrels of oil imported from Saudi Arabia for the benefit of the Bahrain Petroleum Company "Bapco".
Source (Elnashra Newsletter Site, Edited)
