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, education, healthcare, logistics, and transportation sectors as the most productive areas for near-term investment. The renewable energy and construction sectors, among others, offer emerging opportunities for U.S. companies. According to the United Nations Conference on Trade and Development’s (UNCTAD) “World Investment Report 2023,” new foreign direct investment (FDI) inflows to Bahrain increased by about 10 percent to $1.951 billion in 2022, up from $1.779 billion in 2021.
U.S. exports to Bahrain in 2022 reached $950 million. The top categories included:
- Aircraft and spare parts: $226 million
- Special classification goods: $153 million
- Boilers, machinery, and parts: $99 million
- Vehicles and spare parts: $90 million
(Source – Trade Data Monitor)
Bahrain’s exports to the United States in 2022 amounted to $1.92 billion. The top export categories included:
- Aluminum and related products: $1.4 billion
- Copper and related products: $104 million
- Fertilizers: $101 million
- Plastics: $78 million
(Source – Trade Data Monitor)