Preferential Trade Agreements and Trade Liberalization Efforts in the OIC Member States
With Special Emphasis on the TPS-OIC
168
In terms of exports, the top 10 exported products to the rest of the TPS countries represent 83% of
the total exports to this destination, where iron ores and concentrated of iron account for 55% of the
total exports. Therefore, any concession made by the other members of the agreement in these
products could potentially have important effects for Bahrain. However, and as with other GCC
countries, as Bahrain is a member of the GCC with which trade has already been liberalised, there
would be no anticipated effect on intra-GCC trade.
In terms of imports, from the rest of the Contracting Countries of TPS-OIC, it can be seen that in 2011
the share of the top 10 products imported was just 3.7% of the total imports from the rest of the TPS-
OIC (this figure excludes oil). However, in 2010, these products represented around 25% of the
imports.
Table 37: Top 10 Bahrain Exported Products to the Contracting Countries of TPS-OIC 2010 & 2011
(1000s of US$)
2010
2011
Product Product Name
Exports
Share
Exports
Share
260112 Iron ores & concs. (excl. roasted ir...
844,155 40.15% 1,929,671 55.64%
760429 Bars, rods & profiles (excl. hollow ...
279,578 13.30%
337,296
9.73%
040630 Processed cheese, not grated/powder..
81,019 3.85%
115,619
3.33%
210690 Food preps., n.e.s.
90,274
4.29%
107,824
3.11%
841510 Window/wall type air-conditioning ma...
71,160
3.38%
99,464
2.87%
761490 Stranded wire, cables, plaited bands...
28,517
1.36%
73,334
2.11%
761410 Stranded wire, cables, plaited bands...
95,920
4.56%
58,630
1.69%
760410 Bars, rods & profiles, of aluminium,...
56,629
2.69%
56,952
1.64%
760611 Plates, sheets & strip, rect. (incl....
44,125
2.10%
51,305
1.48%
760720 Aluminium foil, whether or not print...
33,154
1.58%
48,616
1.40%
1,624,530 77.27% 2,878,712 83.01%
Source: TradeSift calculations using HS 6-digit data from Comtrade via WITS
Note: The list of products here has been defined by taking the average over the period 2010-2011.
Table 38: Top 10 Bahrain Imports from Contracting Countries of TPS-OIC 2010 & 2011 (1000s of USD)
Product Product Name
Imports
Share Imports Share MFN
252329 Portland cement (excl. white cement,
69,878
5.04%
55,471 0.61%
5
850423 Liquid dielectric transformers having
100,863
7.28%
42,179 0.46%
5
711319 Articles of jewellery & parts thereof
32,953
2.38%
37,291 0.41%
5
240220 Cigarettes cont. tobacco
9,124
0.66%
35,997 0.39%
0
271019 Petroleum oils & oils obt. from bitum
22,736
1.64%
31,237 0.34%
5
100630 Semi-milled/wholly milled rice, whether
36,999
2.67%
30,608 0.33%
0
170199 Cane/beet sugar & chemically pure sucr
33,208
2.40%
29,858 0.33%
0