'File 10/4 IV Trade reports Bahrain Islands' [‎2r] (3/318)

Report on Ilconouiic und Trade
Conditlona on the Bahrain Islands
for the Year 1939-40.
Introduction. This report should be read In
conjunction with the Trade Report for the year ending the
31st Varch, 1939.
2# Trade. The total value of trade f excluding
oils, for the year unaer review amounted to ta.3 f 61i3!yi #0
(Imports fe.^21 f 59 f 030f Exports fti *l 9 a9 9 7S f 130) as compared
with to>4 f 81 9 70 v £20 (3Qnport« hi»ll f 73 f 2?ri f 230i Exports
ii«ri f 0t f 43 t 990) in the prevl us year, shoeing a decrease of
^•I t a0 f 34 f y60. In order to obtain a true Indication of the
trend of trade the value of direct transhipments and re
exports from bond shculd bo excluded from these figures.
Total value of tranahpment cargoes and cargoes re-exported
from bond amounted to ^^^llidOO and fcu67 y 64 f 180
respectively. The true trade values are, therefore f
as follows s-
1938-3^ 1^39-40
Imports l # 3a f 84 f 730 1 9 55 9 47 9 430
Exports 74 9 oa 9 4iX) TJi 9 l2 9 050
Ir^orts show an Increase of ia»16 9 62 9 700 as
compared with a decrease of ^•20 9 06 9 14() during 193B-39.
Exports on the oUter hand show a decline of ^•1 9 90 9 440 as
compared with an Increase of fis*B3 9 SOO during 1^38-39.
The value of transhipment cargoes was conslderabl
less than that of last year, owing 9 firstly; to the
completion of constructional work at und secondly!
to the development of the port of Has tenure.
The Increase In the true value of imports Is due
mlnly to certain merchants having Imported large stocks In
anticipation of war and consequent control of exports fro»
other/