Bahrain

Food & Beverages

24-01-2022

Export Bahrain facilitates over USD 130m of national exports up to 2021

Bahrain

Since inception, Export Bahrain has successfully maintained its integral role in nurturing and accelerating exports of local origin and contributing to its growth.  Export Bahrain has achieved multiple milestones through enabling Bahrain-based businesses, with a special focus on Small and Medium Enterprises (SMEs), to export its products and services to key regional and international markets. Export Bahrain has facilitated local businesses to go global and expand into international export markets reporting over USD 130 Million worth of exports to more than 57 markets worldwide up to December 2021. The initiative reinforced and increased export opportunities for current, and potential exporters which included over 23% of exporters who entered new markets and over 10% were first-time exporters, where over 7% represented service exports and more than 30% of Export Bahrain customers are women business owners. It is worth to note that from January 2021 to December 2021 alone, exports valued at over USD 70 Million were reported representing a hike of over 70% compared to 2020 targeting various international markets. 

 

Till date, Export Bahrain supported businesses in Bahrain across multiple economic sectors to export more than 56 different product and service categories to reach more than 57 markets across the GCC, Asia, Africa, Europe, Australia, United Kingdom, and the United States of America, relying on a diverse range of export solutions and services that allow businesses to boost their operations and provide access to various opportunities through Export Credit Insurance, Export Shipping & Logistics, International Retail Buyer Initiative, Internationalization & Export Advisory Support, International Tendering & Procurement, Export Facilitation & Deal Support, Export Market Intelligence, E-commerce Facilitation, Startup Exporter Solution, in addition to other support schemes that aim to enable exporters to take on more challenging and high-growth export markets. Building on these achievements, Export Bahrain was able to attract global recognition by winning three prestigious global business awards in 2021, being named as:

  • Best Export Service Facilitators for SMEs – Bahrain 2021 in the International Finance Awards 2021
  • Best International Deal Facilitators for Start-up Exporters in the Global Business Outlook Awards 2021
  • Best Company in Accelerating the Growth of Products and Services Made in Bahrain in the Globee Golden Bridge Awards.