Economy of Bahrain

GDP (current prices, billion USD) 46,94 (IMF)

GDP growth rate (%) 2

GDP per capita (nominal, USD) 29.932 (IMF)

Unemployment Rate1,1 (World Bank)

Currency Bahraini Dinar (BHD), 1 BHD = 2.65 USD

Oil Reserves 124,6 million barrel

Natural Gas Reserves 68 billion cubic meters

Main export partners (non-oil):Saudi Arabia, USA, UAE, Netherlands, India.

Main import partners (non-oil) : PRC, Australia, Brazil, UAE, Saudi Arabia.

Main export items:Basic metals, mineral products, chemicals.
Main import items:Mechanical and electrical equipment, chemicals, mineral products.

Bilateral Trade (in million USD):

Source: TURKSTAT

Türkiye’s main export items to Bahrain:Mechanical devices and machines for industrial use; textile; products of animal origin such as dairy and poultry; furniture and lighting products; pharmaceuticals.

Türkiye’s main import items from Bahrain: Unprocessed aluminum as raw material; aluminum sheet and plate; iron and steel semi-finished goods; fertilizer.

Bilateral Cooperation Mechanisms

Türkiye-Bahrain Joint Economic Committee (JEC):The 7 ^th JEC Meeting, co-chaired by H.E. Nureddin Nebati, Former Minister of Treasury and Finance of Türkiye and H.E. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy of Bahrain, was held on 30-31 March 2022 in Manama.

Turkish-Bahraini Business Council:The Turkish-Bahraini Business Council was established) on 2006 in Istanbul. Co-chairperson from Turkish side of the Business Council is Bank of Bahrain and Kuwait (BBK) Istanbul Manager, Ms. Bilgün Gürkan. Co-chairmen on the Bahraini side are Mr. Sameer Abdullah Nass, Chairman of the Bahrain Chamber of Commerce and Industry, and Mr. Ahmed Bin Hindi, Chairman of the Bahrain Businessmen Association. On the occasion of the 7th JEC Meeting, the Turkish-Bahrain Business Council round table was held on 31 March 2022.