Economic growth in Bahrain is driven by a diversity of well-established, highly-performing industries. The Bahrain Economic Development Board (EDB) considers the financial services, manufacturing, ICT, tourism, real estate, education, healthcare, logistics and transportation sectors as the most productive areas for near-term investment. The renewable energy and construction sectors, among others, also offer emerging opportunities for U.S. companies. According to the United Nations Conference on Trade and Development’s (UNCTAD) “World Investment Report 2021,” new foreign direct investment (FDI) inflows to Bahrain contracted by a third to $1.007 billion in 2020, down from $1.501 billion in 2019. New investments in the manufacturing, education, healthcare, and information and communication technology industries attracted the largest share of FDI.
U.S. exports to Bahrain in 2021 reached $936.2 million. The top categories included:
- Boilers, machinery, and parts: $107 million
- Special classification goods: $182 million
- Aircraft and spare parts: $204 million
- Electrical machinery: $67 million
- Vehicles and spare parts: $76 million
(Source – Trade Data Monitor)
Bahrain’s exports to the United States in 2021 amounted to $1.3 billion. The top export categories included:
- Aluminum and related products: $942 million
- Plastics: $87 million
- Copper and related products: $58 million
- Textiles: $57 millionBoilers, machinery, and parts: $41 million
(Source – Trade Data Monitor)