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BAHREIN

BAHREIN

The economy of Bahrain is heavily dependent upon oil and gas. According to the 2020 Index of Economic Freedom, Bahrain has the fourth freest economy in the Middle East and North Africa region and is the 63rd freest economy in the world. Oil and natural gas play a dominant role in Bahrain’s economy. In 2019 Bahrain was the number 94 economy in the world in terms of GDP the number 83 in total exports, the number 89 in total imports, the number 40 economy in terms of GDP per capita and the number 50 most complex economy according to the Economic Complexity Index (ECI). Bahrain GDP estimate for 2019-20 is $34.624 billion in which more than 85% is on petroleum and natural gas. Agriculture sector contribution in Bahrain GDP is up to 0.3% which is very less. there for there is always demand for agriculture products. Bahrain is the largest fresh fruit and vegetables importer from INDIA. In 2019 Bahrain imported $13.2B, making it the number 89 trade destination in the world. In 2019 India export 4.59% of Bahrain import. In Bahrain agriculture products import India makes big role and have big market capture. The top imports of Bahrain are Cars ($848M), Iron Ore($805M), Jewellery ($724M), Gold ($445M), and Gas Turbines($384M), importing mostly from United Arab Emirates ($3.54B), China ($1.48B), Saudi Arabia ($881M), United States ($723M), and Brazil ($677M).

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