Key Market Indicators
Bahrain's truck import market is projected to decline over the next five years, with imports expected to drop from approximately $76 million in 2023 to around $64 million by 2028. This represents an average annual decrease of 2.7%. The downward trend is consistent with a historical annual decline of 0.2% since 2005. On the export front, Bahrain's truck exports are anticipated to remain relatively stable, hovering around $29 million from 2023 to 2028. Despite this stability, the country's truck export supply has seen an average annual decrease of 1.8% since 2005. In 2023, Bahrain ranked 49th globally in truck exports, with Croatia surpassing it with exports valued at approximately $29 million. The leading countries in this sector were the United States, Germany, and France, occupying the second, third, and fourth spots respectively.