Export Bahrain Facilitates National Exports of Over US$130 Million | THE DAILY TRIBUNE

TDT | manama

The Daily Tribune – www.newsofbahrain.com

Export Bahrain said yesterday that it has facilitated local exports of over $130 million to over 57 markets globally through December 2021.

The initiative, Export Bahrain said, has strengthened and increased export opportunities for current and potential exporters. More than 23% of exporters entered new markets and more than 10% were first-time exporters. About 7% were service exports and more than 30% of Export Bahrain’s clients are women business owners.

From January 2021 to December 2021, Bahrain recorded exports of over USD 70 million, a jump of 70% from 2020 targeting various international markets.

Export Bahrain, to date, has helped companies from multiple economic sectors to export over 56 products and services to 57 markets across the GCC, Asia, Africa, Europe, Australia, UK United and the United States of America. The equipment offered is:

Export credit insurance, export shipping and logistics, international retail buyers initiative, internationalization support and export advice, international tenders and purchases, export facilitation and support for transactions, export market intelligence, e-commerce facilitation, start-up export solution, in addition to other support programs that aim to enable exporters to tackle more challenging export markets and high increase.

Export Bahrain was able to attract global recognition by winning three prestigious global trade awards in 2021, named as:

• Best Export Services Enablers for SMEs – Bahrain 2021 at the International Finance Awards 2021

• Best International Deal Facilitators for Startup Exporters in the Global Business Outlook Awards 2021

• Best company that has accelerated the growth of products and services made in Bahrain at the Globee Golden Bridge Awards. Zayed R. Alzayani, Minister of Industry, Commerce and Tourism and Chairman of Export Bahrain, said: “Since its establishment in 2018, Export Bahrain has become one of the leading national initiatives aimed at helping businesses in Bahrain to internationalize and establish itself. a fair share of export markets in the GCC and beyond through its high-impact support to the private sector. “By working together, we can ensure that exporting remains a mainstay of our economy, benefiting our businesses for years to come.

Safa Sharif Abdulkhaliq, Acting Managing Director of Export Bahrain, said: “We are pleased to report that we expect more positive results, an inconsistency with the new economic growth and balanced budget plan recently announced by the government. of the Kingdom of Bahrain for the post-COVID era, as we are sure that it will have a positive impact on the economic recovery of the Kingdom in general and on exports in particular.

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