A recent report highlights an increase in exports of electrical machinery and equipment (HS Code Chapter 85) from the US to Bahrain, driven by the US-Bahrain Free Trade Agreement (FTA). Trade volume for these goods rose by 12% in the last quarter.
2023-10-15
Impact: This growth strengthens bilateral trade ties and provides US manufacturers with a growing market in Bahrain for electronics and electrical components, potentially increasing revenue and market share.
Bahrain Increases Demand for US Telecommunications Equipment
Bahrain's push for digital infrastructure development has led to a surge in imports of US-made telecommunications equipment under HS Code Chapter 85, with a focus on 5G technology and related apparatus.
2023-09-22
Impact: This trend is likely to enhance opportunities for US tech firms specializing in telecommunications, fostering long-term partnerships and increasing export volumes.
Global supply chain disruptions have temporarily slowed the trade of electrical machinery (HS Code Chapter 85) between the US and Bahrain, with shipping delays reported at key US ports.
2023-08-30
Impact: These delays could result in short-term reductions in trade volume and potential cost increases for Bahraini importers, though recovery is expected as supply chains stabilize.
Policy Updates
US-Bahrain FTA Review on Electronics Tariffs
The US and Bahrain have initiated a review of tariff structures under the US-Bahrain Free Trade Agreement, specifically targeting goods under HS Code Chapter 85 to ensure continued duty-free access and address any emerging trade barriers.
