In the aftermath of the pandemic, India-Bahrain trade is expected to reach $1 billion in 2021

According to one of Bahrain’s senior economists, trade between India and Bahrain could see a strong post-pandemic resurgence over the next 12 months as the two countries continue to implement their financial recovery plans.

As economies reopen after months of logistical hurdles and supply chain pressures, Dr Ali Al Moulani, President of the Bahrain Economists Society, predicts that bilateral commerce between India and Bahrain might increase by as much as USD 200 million.

During the epidemic in 2020, bilateral trade between India and Bahrain declined, falling to USD 873 million. However, according to fresh data from Bahrain’s eGovernment and Information Authority, bilateral trade between Bahrain and India reached USD 492 million in the first half of this year, up 37% over the same time in 2020.

“The trade balance between Bahrain and India could reach USD 1 billion in 2021, bringing it to levels not seen since 2018,” Dr Al Moulani added. During the pandemic, exports from India to Bahrain decreased, but Indian enterprises are currently focusing on their recovery. We expect India-Bahrain trade to swiftly recover to pre-pandemic levels as firms get up. This could result in a USD 100-200 million increase in revenue next year.”