Middle East Economic Survey


No 36



Bahrains Crude Export Value Falls By 53% In First Half 2009

The value of Bahrains crude oil exports in the first half of 2009 fell to BD1.37bn ($3.644bn) from BD2.9bn ($7.714bn) in the corresponding period of 2009, the Central Bank of Bahrain (CBB) announced last week. On a quarterly basis the export revenue stood at BD551mn and BD816mn in the first and second quarters of 2009 respectively, compared to BD1.3bn and BD1.6bn in the same...