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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