Under the US-Bahrain Free Trade Agreement, exports of tables (HS Code: 9403) from the US to Bahrain have increased by 12% in the last quarter due to reduced tariffs.
2023-10-15
Impact: Positive impact on US exporters as reduced tariffs make American tables more competitive in the Bahraini market.
Bahrain Increases Demand for US-Made Furniture Including Tables
Bahrain's growing hospitality sector has led to a surge in demand for US-made furniture, with tables being a key category, recording a 15% rise in imports from the US.
2023-09-20
Impact: Encourages US manufacturers to target Bahrain's market, potentially increasing trade volume.
Supply Chain Delays Affect US Table Exports to Bahrain
Global shipping disruptions have delayed shipments of tables from the US to Bahrain, causing a temporary 8% decline in trade for this category.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential for recovery once supply chain issues are resolved.
Policy Updates
Extension of US-Bahrain FTA Tariff Reductions
The US and Bahrain have agreed to extend tariff reductions under the Free Trade Agreement for furniture, including tables (HS Code: 9403), for another two years to promote bilateral trade.