The Treasurer’s Guide to Trade Finance

(Martin Jones) #1

Kingdom of Bahrain


Principal exports


Petroleum and petroleum products, aluminium
and textiles.


Documentation


Imports


ƒ Bill of lading, certificate of origin, commercial
invoice, customs import declaration, delivery
order, packing list and a technical standard
or health certificate.


Exports


ƒ Bill of lading, certificate of origin, commercial
invoice, customs export declaration, packing
list and a technical standard or health
certificate.


Licences


Imports


ƒ Alcohol, arms and ammunition.


Exports


ƒ Some goods are subject to export
documentation requirements in accordance
with the GCC Common Customs Law.


Tariffs/Taxes
Imports
ƒ A customs duty of 5 percent exists for goods,
excluding vegetables, fruit, fish, meat, books
and magazines.
ƒ Rates of 100 percent are applied on tobacco
products and 125 percent on alcoholic
drinks.
ƒ Imports from GCC member states are
exempt from duties.
Exports
ƒ None.

Financing requirements for imports/
exports
ƒ None.

Prohibited items
Imports
ƒ Items can be prohibited for reasons of
health, public policy and national security.
Imports of cultured pearls and all imports
from Israel are also prohibited.
Exports
ƒ All exports to Israel are prohibited.

Bahrain imports exports


Trade information


Key trading partners


Imports by origin


EU 20.0%
China 13.4%
Brazil 12.4%
USA 8.2%
Saudi Arabia 6.1%
Other 39.9%

Source: WTO, September 2012


Exports by destination

Saudi Arabia 23.2%
Qatar 11.0%
Oman 10.9%
United Arab
Emirates 8.5%
EU 7.1%
Other 39.3%
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