72534 v2 World Trade Indicators 2009/10 Bahrain: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $21,636 $28,212 0.09% $46,916 1993 1995 3 1 TRADE PERFORMANCE‡ Bahrain HI non- Ranking Decile OECD High inc TRADE POLICY (TP) (out of 125) 61 5 EXTERNAL ENVIRONMENT (EE) (out of 125) 58 5 INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 20 2 TRADE FACILITATION (TF) (out of 155) 32 3 TRADE OUTCOME (TO) (out of 157) 150 10 Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) .. 5.1 5.1 * TTRI (applied tariff including preferences) .. 5.1 5.1 * MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. .. .. MFN applied tariff - simple avg (%) 7.8 7.8 5.3 5.3 TTRI (MFN) Dispersion (coefficient of variation) 1.1 1.1 2.2 2.2 Maximum rate (excl. alcohol and tobacco) .. .. 61.9 65.0 Agriculture - simple avg (%) 9.1 9.2 9.1 9.3 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) 7.6 7.6 4.7 4.7 MFN applied tariff - trade weighted avg (%) 7.9 8.5 6.0 6.0 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) 7.9 8.5 6.0 6.0 Agriculture 17.0 16.3 22.2 22.9 Import duties Nonagriculture 6.9 7.5 3.6 3.5 Applied tariff (incl. prefs.) - production weighted avg (%) .. .. .. 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) 1.9 0.7 0.8 Bahrain HI non-OECD High inc Agriculture .. 5.8 7.5 8.1 Nonagriculture .. 0.7 0.4 0.3 Import duties (% of imports) 3.4 2.5 4.8 .. Tariff overhang (MFN bound minus MFN applied rate,%) 27.9 27.9 28.8 28.9 GATS commit. Bound tariff frequency ratio (% of total lines) 75.5 75.8 74.5 72.7 index Non-ad valorem tariff frequency ratio (%) 0.1 0.1 0.8 0.7 Non-tariff measures frequency ratio (%) 4.4 .. .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 Bahrain HI non-OECD High inc Overall GATS commitment index (0-100, best) .. 6.03 6.03 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) 3.0 2.6 * MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) 8.0 7.3 * ROW applied tariff (incl. prefs.) - trade weighted avg (%) 7.4 5.9 2.3 2.0 ROW applied(wgt avg) Agriculture 16.6 14.8 0.6 0.8 Nonagriculture 7.4 5.8 2.3 2.0 MFN zero-duty exports (% of total exports) 19.5 15.7 34.9 35.8 * MFN zero duty exports (%) Exports to FTA / CU partners (% of total exports) .. 10.5 22.3 14.1 Bahrain HI non-OECD High inc Anti-dumping initiations faced 0.2 0.0 0.0 0.0 0 1 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) 0.1 -2.2 -5.1 -7.8 All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 17 18 20 Ease of Starting a business (rank) .. 45 50 63 Doing 160 Business Enforcing contracts (rank) .. 115 113 117 Rank Closing a business (rank) .. 25 26 26 80 World Governance Indicators (WGI) 2005 2006 2007 2008 Bahrain Regulatory Quality (-2.5 to +2.5, best) 0.75 0.76 0.89 0.88 HI non-OECD Rule of Law (-2.5 to +2.5, best) 0.71 0.59 0.67 0.66 High inc 0 Control of Corruption (-2.5 to +2.5, best) 0.54 0.47 0.60 0.44 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. 3.2 3.4 Efficiency of customs and other border procedures .. .. 3.4 3.1 Quality of transport and IT infrastructure .. .. 3.4 3.4 Logistics Performance Ease of arranging competitively-priced shipments .. .. 3.3 3.1 Index Logistics competence .. .. 2.8 3.4 Ability to track and trace shipments .. .. 3.0 3.6 0 2 4 Timeliness of shipments .. .. 3.0 3.9 Bahrain HI non-OECD High inc Trading Across Borders (Doing Business, rank out of 183) 26 32 No. of documents required for export .. .. 5 5 200 No. of days required to export .. .. 14 14 160 Cost to export (US$ per container) .. .. 805 955 120 No. of documents required for import .. .. 6 6 80 No. of days required to import .. .. 15 15 40 Cost to import (US$ per container) .. .. 845 995 0 Telephones (fixed + mobile) per 100 people 36.4 84.2 167.0 211.2 Trading Across Borders Rank Internet users per 100 people 2.2 16.5 27.7 33.2 * Bahrain HI non-OECD High inc Export credit insured exposures - short term (% of goods export) .. 28.0 27.1 TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## 1.6 4.1 9.7 -4.6 Real Trade Growth Rate 12 Exports 1.8 5.5 6.6 -3.0 10 9.1 9.7 8.7 8 7.8 8.1 Imports 1.4 3.0 13.6 -6.0 6 6.6 6.7 4 4.1 Goods 2.1 4.6 10.9 -6.3 3.4 2.7 2 1.6 Services 0.5 19.4 -3.9 4.7 0 -2 1995-99 2000-04 2005-07 2008 Nominal growth in trade of goods and services (%) 2.6 15.5 18.3 20.2 -4 -4.6 -6 Exports 4.8 15.8 20.5 25.0 Imports 0.6 15.2 15.5 14.4 Bahrain HI non-OECD Trade integration (trade as % of GDP) 147.1 151.3 171.6 175.7 High inc Goods balance (% GDP) 8.9 15.9 11.9 15.2 Export Composition (2005-08) Food balance (% GDP) -6.4 -5.3 -3.7 -3.0 * Travel, 6.6 Oth com ser, 0.0 Services balance (% GDP) 1.0 4.5 10.8 10.2 Transport Agric, 0.3 , 4.7 Goods share of total exports (%) 85.2 83.1 79.4 81.8 Manufac, 5.1 Services share of total exports (%) 14.8 16.9 20.7 18.4 Goods exports as a share of world goods exports (rank)** 75 67 73 71 Services exports as share of world services exports (rank)** 84 77 67 72 Minral, 10.4 Foreign Direct Investment (FDI) inflows (% of GDP) 11.2 4.2 10.9 8.3 Total remittances inflows (% GDP) .. .. .. .. Export product concentration index (0-100, most) 52.0 66.1 77.2 78.7 * Fuels, 62.7 Export market concentration index (0-100, most) 41.9 72.3 47.8 14.4 Top 5 export markets (shares) Saudi Arabia (11%), United Arab Emirates (7%), USA (6%), Taiwan (6%), Japan (4%) Top 5 import markets (shares) Saudi Arabia (28%), Japan (9%), USA (8%), China, People's Rep. of (6%), Germany (5%) Top 5 export products (SITC 3 digit-shares) .. Top 5 import products (SITC 3 digit-shares) .. ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.