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Bahrain - Economy
Indicator
Real PIB in Millions Real PIB Year Variation
Bahrain - Economy
Expenses Government Expenses Private Sector
Oil Production
Oil Reserves
Tourism
Bahrain - Economy
Investments
International Business
Exports: There was a drop in exports due to global economic scenario of 2009. On the other hand, estimates growth in 2010. Most exports are made up of mineral fuels, followed by aluminum and fertilizers. Among the main export destinations are : UAE, United States, Japan, Chinese Taipei and Qatar. For Brazil, aluminum is the main product of the group. Imports: Imports in 2010 will provide forward recovery to the fall observed in 2009. Vehicles, machinery and building materials are the most imported products across the country. Among main suppliers are: United Arab Emirates, Japan, United States, China, and Germany. The country imports from Brazil mainly iron ore and meat.
Engineering
Construction: The industry is based largely on government contracts for infrastructure and has received revenues from the oil sector. There are big projects like: Bahrain Financial Harbour, many projects in tourism and residential, the new Khalifa Bin Salman Port and the expansion of the Bahrain International Airport. Energy: Oil and gas production is currently sufficient to meet the domestic needs of the country, though this industry is very export-oriented. The biggest consumers of energy stemmed from this sector are the petrochemical and aluminum industries. Communication and transport: The country acts as a strong hub in the Gulf region and has an excellent infrastructure for transport. As this is an island, the government of Bahrain tried to build together with the Saudis, a major link to the transit of people and products. The King Fahd Causeway is a bridge built in 1986 and cost U.S. $ 600 million. The local ports are well equipped to accommodate all types of boats. The modern port facilities make the island's goods are loaded and discharged with great agility, reducing the final cost of products. Bahrain Telecommunications are in a very advanced technological level. Services for mobile telephony are among the most modern region, since Bahrain was the first Gulf country to fully release the communications industry for International bids
Special Points
The country's economy is heavily based on production and refining of petroleum, other sectors that predominate are aluminum, iron and steel and shipbuilding; . Bahrain is an important financial center in the Gulf region; . The policy of economic diversification with respect to the oil industry, large construction projects coupled with an investment policy make the estimates to increase the receipt of foreign direct investment. Already, foreign investment the country should increase mainly to 2011, when it is estimated that to reach $ 1.20 billion; Bahrain exported to the world U.S. $ 12.6 billion in 2009 with emphasis on the agenda: Fuels minerals, aluminum, fertilizers. Regarding imports, the country imported a total of U.S.$ 11 billion worldwide in 2009, the main imports were vehicles, machinery and works stone Among the business opportunities identified for Brazil in Bahrain in different sectors that make up the foreign trade can we give as an example: construction, fashion, decoration and maintenance.
Mining
Meat
Minerals Fish Equipments Pearls and Stones
Aluminium Vehicles