UAE-Bahrain’s Non-oil Trade Picks Up by 75% in 2Q 2021 in Pandemic Rebound
July 22, 2021
In a significant rebound since the pandemic, non-oil bilateral trade between the United Arab Emirates (UAE) and Bahrain has increased by 75% year-on-year (YoY) in the second quarter of 2021 (2Q 2021). Meanwhile, UAE-Bahrain trade amounted to a total of USD 672 million in 2Q 2021, amounting to 40% of Bahrain’s USD 1.69 billion trade with the Gulf Corporation Council (GCC), in 2Q 2021. This data was made available, according to the latest figures released by Bahrain’s Information & eGovernment Authority.
Why it Matters?
According to Ali Al Mudaifa, Executive Director of Bahrain’s Economic Development Board, these trade figures point towards Bahrain’s avid interest for growth and how they are determined to overcome the setback...