Kuwait exported 4.5 million Kuwaiti Dinars ($14.7 million) worth of goods to Bahrain in the first 10 months of 2001, up from KD 4.2 million ($13.7 million) in the same period of the previous year. Kuwait occupied the second position, after the UAE, in terms of exporting countries to Bahrain in the Middle East.
Kuwait imported KD 10.3 million worth of goods from Bahrain during the same period, a less than half a percent drop compared with the same period in the previous year, according to figures disclosed by the Bahraini Ministry of Commerce and Industry, reported Al-Bayan. Bahrain was thus positioned as Kuwait’s fourth largest exporter nation in the Middle East region, after Saudi Arabia, Qatar and the UAE.
Statistics from Kuwait’s Ministry of Planning recorded 35 percent growth in the country’s foreign trade, from KD 6.014 billion in 1999 to KD 8.147 billion in 2000. Kuwaiti imports dropped 5.3 percent from KD 2.318 billion in 1999, to KD 2.195 billion in the following year of 2000. Kuwaiti exports increased by 61 percent in 2000, reaching KD 5.952 billion, up from KD 3.696 billion in the previous year. Kuwait re-exports decreased from KD 65 million to KD 64 million during the same period. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
