II. II...1 Net price calculation Att.2 Supporting documents for net price Art.3 Harbor maintenance...
Transcript of II. II...1 Net price calculation Att.2 Supporting documents for net price Art.3 Harbor maintenance...
PUBLIC VERSION
DOC Investigation Nos. A-525-001ITC Investigation Nos. 701-TA-_-_ and 731-TA-
Total No. ofPages: 201AD/CVD OperationsPetitioners' Business Proprietary Information for\ilhich Proprietary Treatment Has Been RequestedDeleted at Exhibits AD-BH-l, Att. I, Att.2, Att. 5,Att. 7, AD-BH-2, AD-BH-3PUBLIC VERSION
BEFORE THEINTERNATIONAL TRADE ADMINISTRATION OF THE
U.S. DEPARTMENT OF COMMERCEAND THE
U.S. INTERNATIONAL TRADE COMMISSION
ANTIDUMPING DUTY PETITIONVOLUME IIBAHRAIN
COMMON ALLOY ALI]MINUM SHEET FROMBAHRAIN, BRAZIL, CROATIA, EGYPT, GERMANY, GREECE, INDIA, INDONESIA, ITALY,KOREA, OMAN, ROMANIA, SERBIA, SLOVENIA, SOUTH AFRICA, SPAIN, TAIWAN, AND
TURI(EY
PETITIONERS:THE ALUMINUM ASSOCIATION COMMON ALLOY ALUMINUM SHEET TRADE
ENFORCEMENT WORKING GROUP AND ITS INDIVIDUAL MEMBERS
W. BRAD HUDGENSWILLIAM H. CRO\ry IIEMILY R. MALOOF'NEREUS JOUBERTVLADIMIR VARBANOV
GEORGETOWN ECONOMICSERVICES,LLC3050 K Street, N.W.Washington, D.C. 20007(202) 94s-6660
JOHN M. HERRMANNPAUL C. ROSENTHALKATHLEEN \ry. CANNONR. ALAN LUBERDABROOKE M. RINGEL
DAVID C. SMITHGRACE \il. KIMMELISSA M. BREWERJOSHUA R. MOREYMATTHEW G. PEREIRA
KELLEY DRYE & WARREN LLP3050 K Street, N.W., Suite 400Washington, DC 20007(202\ 342-8400
March 9,2020Counsel to Petìtíoners
PUBLIC VERSION
Table of Contents
COMMON ALLOY ALUMINUM SHEET FROM BAHRAIN IS BEINGSOLD OR OFFERED FOR SALE AT LESS THAN FAIR VALUE
Introduction
Producers in Bahrain
Export Price or Constructed Export Price ....
1. Sources of U.S. Pricing......
2. Adjustments to U.S. Pricing
D. Normal Value
E. Antidumping Duty Margin Calculations....................
CONCLUSION AND REQUEST FOR INVESTIGATION.
Page
I.1
IA.
B.
C.
I
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il
J
J
4
4
4
I
PUBLIC VERSION
I. COMMON ALLOY ALUMINUM SHEET FROM BAHRAIN IS BEING SOLD OROFFERED FOR SALE AT LESS THAN FAIR VALUE
A. Introduction
This Petition volume contains information regarding sales at less than fair value in the
United States of common alloy aluminum sheet ("CAAS") from Bahrain. This volume presents
information reasonably available to Petitioners demonstrating that CAAS from Bahrain is being
sold in the United States at less than fair value within the meaning of section 731 of the Tariff Act
of 1930, as amended ("the Act"). See 19 U.S.C. $ 1673. As discussedbelow, application of the
standard antidumping methodology used by the U.S. Department of Commerce ("the
Department") demonstrates that producers and exporters in Bahrain have sold, or offered for sale,
CAAS in the United States for less than fair value.
The general and injury information required by section 351,.202 of the Department's
regulations, 19 C.F.R. $ 351 .202, and section 207 .Il of the regulations of the U.S. International
Trade Commission ("ITC" or "the Commission"),19 C.F.R. $ 207.11, can be found in Volume I
of this Petition. Based on information reasonably available to Petitioners contained in this volume,
the Department should initiate an investigation of sales at less than fair value of CAAS from
Bahrain and should impose antidumping duties in an amount that is equal to the amount by which
the normal value exceeds the export price or constructed export price.
B. Producers in Bahrain
To the best of Petitioners' knowledge, CAAS is produced in Bahrain and exported to the
United States by the following company during the proposed period of investigation ("POl'):
Gulf Aluminium Rolling Mill Co. (GARMCO)Building 462,PtoadI09Block 601, North Sitra Industrial AreaKingdom Of Bahrain
PUBLIC VERSION
Pursuant to 19 C.F.R. $ 351.202(b)(l)(ixA), the full names and addresses of all known
producers and exporters of CAAS in all of the subject countries (including Bahrain) is provided in
Volume I. See Petition Volume I, Exhibit GEN-6 (foreign producer list) and Exhibit GEN-15
(information on foreign producers). Although information about the proportion of total exports to
the United States accounted for by each listed company is not reasonably available to Petitioners,
Petitioners believe based on experience in the markeþlace that merchandise produced by the
identified companies accounts for most or all U.S. imports of CAAS during the proposed POI.'
C. Export Price or Constructed Export Price
Petitioners have reason to believe or suspect that producers in Bahrain are selling CAAS
in the United States at less than fair value, with sales of the subject merchandise occurring either
before or after importation to the United States. To the best of Petitioners' knowledge, all ornearly
all imports from Bahrain are supported by the affiliated U.S. subsidiary of GARMCO, which
operates from several locations:
GARMCO USA Inc.1635 FL-50,Clermont, FL34711, USATel. (352) 404-8998
55 Triangle StreetDanbury, CT 06810, USA
360 West Plant St Suite #203V/inter Garden FL 34787 USATel. (352) 404-8998
I Consistent with the Department's practice, Petitioners have treated the four calendar quartersprior to the month in which the petition has been filed, January I, 2019 - December 3I, 2079, asthe proposed POL
.\
PUBLIC VERSION
For this reason, Petitioners have used the constructed export price (CEP) method to reflect
the related-party support and facilitation available to GARMCO.
1. Sources of U.S. Pricine
Petitioners calculated U.S. pricing for CAAS from Bahrain based on information
Petitioners obtained from confidential sources concerning sales or offers for sale during the
proposed POI. See Exhibit AD-BH-l.
2, Adiustments to U.S. PrÍcins
Petitioners believe that GARMCO sells CAAS through its above-named affiliated sales
agents in the United States, although a minority of imports may have been facilitated by third-
party trading companies. See Petition Volume I, Exhibit GEN-8 (U.S. importer list).
In order to calculate ex-factory pricing for the U.S. sales, pursuant to 19 U.S.C. $
1677a(c)(2), (19 C.F.R. $$ 24.23(bXlXA) and24.24(a)), Petitioners have deducted from the U.S.
pricing, where applicable, the following charges and expenses:
ADJUSTMENT SOURCE EXHIBITForeign inland freight Doing Business in Bahraln AD-BH-l, Att.4,5
Foreign brokerage and handling Doing Business in Bakarn AD-BH-L, ^tt.4International freight and
lnsuranceMAERSK, P.A.F AD-BH-l,
^tt.7U.S. merchandise processing andharbor maintenance fees
U.S. Customs Regulations AD-BH-l, Atr. 3
U.S. Customs dutiesU.S. Harmonized TariffSchedule AD-BH-l, Att.9
U.S. brokerage and handlingDoing Business in the UnitedStates
AD-BH-l, Aft. 6
U.S. inland freightDoing Business in the UnitedStates AD-BH-l, Att.5, 6
Imputed credit expenses Federal Reserve Bank AD-BH-l' Atr. g
Mark-up imposed bydistributor/importer/CEP Agencv
U.S. Producers' Experience AD-BH-L, Att.2
These adjustments and Petitioners' calculation of net export pricing are provided at Exhibit AD-
BH-l.
-3-
PUBLIC VERSION
D. Normal Value
The preferred method for determining the normal value of imported products is to examine
sales or offers for sale of the identical or similar product in the home market of the exporting
country. See 19 C.F.R. $ 351.403. Petitioners were able to obtain pricing information in Bahrain
based on confidential market research. See Exhibit AD-BH-2.
E. Antidumpine Dutv Marsin Calculations
Petitioners deducted the export price or constructed export price from normal value -- using
either foreign market pricing or CV as normal value -- to determine the dumping margin for the
U.S. sales. This comparison results in a dumping margin of 56.98 percent, ad valorem. See
Exhibit AD-BH-3.
II. CONCLUSION AND REOUEST FOR INVESTIGATION
As demonstrated in this volume, CAAS from Bahrain is being sold in the United States at
less than fair value. Accordingly, Petitioners respectfully request that the Department initiate an
antidumping investigation of CAAS from Bahrain.
-4-
PUBLIC VERSION
EXHIBIT LIST
AD.BH.1 Export Prices and Adjustments
Aft. 1 Net price calculation
Att.2 Supporting documents for net price
Art.3 Harbor maintenance and merchandise processing fee
Att.4 HM movement charges
Transportation distancesAft. 5
Aft. 6 US movement charges
^tt.7Ocean freight and marine insurance
Atr. I U.S. import duties
Art. 9 U.S. interest rates
AD.BH.2 Normal Value
Prices in the Foreign Market
AD.BH.3 Antidumping Duty Margin Calculations
EXHIBIT AD-8H.1
Export Prices andAdjustments
Attachment 1
Summary of Export Pricesand Adjustments
Ranged Data PUBLIC VERSION
Export Price
Bahrain
Common Alloy Aluminum Sheet
Formula
Date
Seller
Form
Alloy
Temper
Gauge
widthLength
Fabrication (if quoted)
LME (if quoted)
LME month used
Price ($/pound)
Sale Type (EP or CEP)
Deliúery TermsForeign Freight Rate
Distance: Factory to Fore¡gn Port
Fore¡gn lnland Freight
Foreign Brokerage
Ocean FreightMarine lnsurance
HM/MPF Rate
Harbor Maint./MPF
U.S. Duty Rate - Regular Þuties
U.S. Duty Rate - Section 232
U.S. Duty
Credit Terms
lnterest Rate
Cred¡t Expense
U.S. Brokerage
U.S. Freight Rate
Distance: U.S. Port to Customer
U.S. lnland Fre¡ght
Distr¡butor / lmporter Mark-Up
D¡stributor, lmporter Mark-Up
$/pound s=(a+b)
0.00%
4.00%
Ex-Factory Price $/pound f
$/pound
$/pound
2
2
2
2
2
2
2
2
2
2
a
b
Source
Declaration
Declaration
Declaration
Declaration
Declarat¡on
Oeclaration
Declaration
Declarat¡on
Declaration
Declarat¡on
DeclarationDoing Business
Map
Dolng Business
Maersk
grw-products.com
c.F.R.
Attachment
$/pound/kmkm
$/pound
$/pound$/pound
$/poundo/o
$/pound%
%o
$/pound
days
%
$/pound$/pound
$/pound/km
km
$/poundTo
$/pound
CEP
0,00032
0.00280.00445
0%
10%
5.28o/o
0.00832
0.00004
d
e
f=d*e
g
h
i
j
k=c-(c/(1+il
tm
n=c-(c/(1+0+m)
o
p
q=c*o*P/365
rs
tu=s*t
V
w=c-(c/(1+v))
x=c-sum(f,g,h,i,k,n,q,r,u,w)
Declaration
Federal Reserve
Doing Business
Doing Business
Map
Declaration
HTS
HTS
2
4
5
4
7
7
3
II
2
I
b
6
5
tI
2
Attachment 2
U.S. Pricing Documentation
1
PUBLIC VERSION
DECLARATION CONCERNING U.S. PRICINGF'OR COMMON ALLOY ALUMINUM SHEET FROM BAHRAIN
I, [ ], declare that the following information is true and accurate:
Iamat lproducesCommonAlloy Aluminum Sheet ("CAAS") in the United States. I have been employed at my companyfor [ ] years, and I have worked in the aluminum industry for [ ] years. Mycompany's headquarters and associated production facilities are at the following locations:
My company produces and sells CAAS I1.
3. As a regular part of my responsibilities, I I
I in connection with the sale of CAAS in the U.S. market.
4 Pricing for CAAS may be quoted as a single amount or as a fabrication (or "fab") componentplus a metal component that is based on average pricing on the London Metal Exchange("LME") for a specified month, such as the month 30 days prior to sale or 30 days prior to the
anticipated shipment.
In the U.S. market, imports of CAAS are usually sold by intermediaries acting as tradingcompanies or agents. Such intermediaries may be affiliated with a foreign mill or operatingindependently. During 2019, intermediaries actively supporting imports of CAAS on behalfof foreign mills included GARMCO USA Inc., OARC USA lnc., Aluminium Norf GmbH, and
Novelis Korea. Other intermediaries included such companies as MT Metal Trading, AAMetals, Metal Exchange and Sinobec. Based on my experience and knowledge of the CAASmarket, I estimate that prices quoted or offered by an affiliated or unaffiliated intermediaryinclude a mark-up of between 3 and 5 percent of total gross price in order to cover the cost ofoperations in the United States.
For CAAS from Bahrain, all or nearly all imports are facilitated by GARMCO USA Inc.,headquartered at 360 West Plant Street, Suite 203, Winter Garden, FL34787, and operatingimport facilities from 1635 FL-50, Clermont, FL34711.
7. Onl l, I negotiated with I
for a potential sale of CAAS, in normal commercial quantities, for delivery to I
I in [ ]2019.
2.
5
6
It f ìt I t I
t I t I
It t I
PUBLIC VERSION
8. This contact informed me of an offer for imported CAAS from Bahrain with the followingterms:
Date/Period of Quote / Offer t IForeisn Mill Gulf Aluminium Rolling Mill Company
Agent/Reseller GARMCO USA Inc.
Form tlAllov tlTemper ttGause / Thickness t I
width t ILength ttFab Price t ìLME Month t I
LME Price t I
Total Price I IDelivery Terms f I
Delivery Location f IPayment Terms t I
CERTIFICATION
This declaration is made in accordance with 28 U.S.C. $ 1746. I declare under penalty of perjury under
the laws of the United States of America that the foregoing statements are true and correct to the best ofmy information and belief.
Dated: February 26,2020
t
a
Average LME Aluminium Official prices US$ per tonneand conversion to U.S. standard we
OFFER (US$ / TONNE) BtD (uss / tb.)CONTRACT BrD (us$ / ToNNEI oFFER (us$ / ¡b
1,845.89 0.8369lan 2019 Cash L,845.r4 0.8373
3-months 1,860.57 1,861.55 0.8439 0.8444
Feb 2019 Cash 1,858.90 1,859.55 0.8432 0.8435
3-months L,884.13 1,885.05 0.8546 0.8ss0
Mar 20L9 Cash 1,87L.52 L,872.24 0.8489 0.8492
3-months 1,894.43 1,895.33 0.8593 0.8597
Apr 2019 Cash r,848.75 1,848.98 0.8383 0.8387
3-months L,867.58 1,868.28 o.8471 o.8474
L,774.57 L,775.33 0.8049 0.8053May 2019 Cash
3-months 7,8O4.48 1,805.55 0.81.85 0.8190
1,,754.08Jun 2019 Cash 1,753.35 0.7953 0.79s63-months 1,78L.L8 7,782.05 0.8079 0.8083
lul 2019 Cash r,792.20 L,792.83 0.8129 0.8L32
3-months 1,815.30 1,816.33 0.8234 0.8239
Aue 20L9 Cash L,740.3r 1,740.93 0.7894 0.7897
3-months L,774.43 r,77L.t2 0.8031 0.8034
Sep 2019 Cash L,748.86 1,749.60 0.7933 0.7936
3-months 1",775.86 t,776.76 0.8055 0.80s9
Oct 2019 Cash 1,7t8.L3 1,718.83 0.7793 4.7796
3-months !,726.46 t,727.57 0.7831 0.7836
Nov 2019 Cash L,77t.64 L,772.3t 0.8036 0.8039
3-months L,765.31 I,766.36 0.8007 0.80L2
Dec 20L9 Cash L,769.73 L,77O.40 o.8027 0.8030
3-months 1",779.43 1,780.80 0.8071 0.8078
lan 2O2O Cash 7,777.74 L,77L.73 0.8034 0.8036
3-months 1,791.4L L,792.32 o.8126 0.8L30
Source: https://www.lme.com/ = Source Quote/2204.623
Attachment 3
U.S. Harbor Maintenance Fee andMerchandise Processing Fee
United States
Merchandise Processing Fee and Harbor Maintenance Fee
Source: L9 C.F.R. 24.23(bl(t') and 24.24(al
Merchandise Processing tee (%) 0.3464% a
Harbor Maintenance Fee (%) 0.1250% b
otal Port Charges 0.4714o/o a + b
*,,rn¡.no¡trn'/ãuìi,r',|i{,'{ft ÍT{'r--ji
þt:'p¿,7
U.S, customt çnd lordof Ptolectlon' DHsi Tfeos'
duty,
tion;
thlo sgotlon.(2) Jurlsdlctloitt For þurposo¡ of dotsr'
mlnlng thô Jurlôdtotlon of &ny bourf 0regônoy of tllo Unltoü Stû,tos, s,nv foo¡ipvltisd fo¡ undor tl¡ls oooülon wlll bstronted a¡ lf suqh f8o le a, Ouaüoms
l{r.D. æ:0ü. 6g !,J1 8{20å, Oót. el, 198t, asilhóirdsd'bl T,D, .04"1. 60 ¡\It, 80,1?0, Doo. 80,
r'90si 60 DR, 0863. Foþ. 24, lB0{¡ T,D. 80-ü0, 08
Dn iI201{. Ju¡o 10, r088i OBP Doo. {Xþ13, 00 sR,fg02?, Ju¡y A, 20051 ¡12 Dn, g7tg, !t&n. 90, â0Û7i
OBP Doo, 13-00' ?8 lr'll 6190, Jøn. 24' 2018J
to &ny fso loqulroat to þs Pqld
s 24,23
undor
!!4,&8 Foo¡ for proooeelng msrchsn'dl¡o,
(ø) Dellnltlons' Ths followtng dofint-tlons cpply for tho pu¡posoB of thls soo'ülon¡
lD Osntîqfif,ed hub løclntg, A aøntrøl-leed ltiub løl$tu Is e D€D&rqto' unlquo'st¡glg Durpogo feollltv norms,lly opor'atlng out¡ltls of OBP opora,tlng boursapDrovoal by üho ÞoDt all}ooto¡ fo! onül'J¡fltlng, oxemlnatlon, ond'rÞlosÉs of ox'DrosF oonglg:nment FhlpmonüB, &B pro-Ítded tor ln part 120 of thts oha,Püor onJu¡y 30, l0ù0,
(2t ûúerçd or releqwd, Molohðndlðo i6q¿lûed ot rcleased tf tho moroh&ndl8o ls:
(0) ase undor lereBreph (gxlxll) 0fthls sootlori (the ü1,08 foo for oommer-olql vossel passonge¡s): ola,es oodo 404'Peyfnonù loo&tlon; roe paragraph (gXõ)ot thlð õeotto¡r¡ ûnC
(9) seo untlor pa,regraph (h) of tbtssoòtton (oustoms brokor Þerrnlts)¡ for(ltÞtlloü Doumlts, olo¡¡ ootlo {9?¡ for nã-tlonol po¡mlta, olaEe oodo 00?. P&ymÐntiooattoiri see ¡t&ra,gra,Dh (h) of ühls seo-tlon.
(l) &stså8od ¡rnalgr e spool&l .Bermltfor lmmgatleùo ale¡lvorv undor lD U,B'o.14{8(b)¡
(lli'bntsrod o! {oloq'spd frorn oBPou'¡t'oOy under l0 U{g.o. ¡d0,t(ÊXlXÀ); or
(ttl) lvlthdrôwn liom wa,rohouso foroonsumptlon.
(g) EÊtrcÃs oonslgmnsrùt oqtrlel løoltlhl.ArL erÐtsls oonslgtt¡nønt cørtaet lgallltg L8
a ¡spdrete or sba,rod sDooteltzod feol¡lty&Dp¡ovoal by thg lort allr€otor sololv fotüho exemlnoülon end rol€qss of oxproFõoonolgnmont rhipmonts, Â! Drovlaloal fortn pa¡b 190 cf thts oheptor on JuIv 80,
â) Weo,trnant oÍ løøs øs custorns dutg-(L) Aalmlnlsttd'tlotu qnd enlorcament, rJrL'loss otho¡wlss epôolfloelly provliled lnthlB oha,pt'or, atl odmlnlstrâ,tlvo end en-foroemsnt provlglons unaloP tho ous-toms laws û,nd ro8ulotlg¡rB, oùhgr ühsnbhoso te,wâ a,nd rêglrt&tlons roletlnf todrnwbeolr, wtll âpDly wlth rgåpsoü t0any {se plov¡dod for unllor tbls ¡sctlon'ine wlti. rqÞloob to any Dárgon lls'þlsfor tho paymãnü of suoh feo, ¿g lf ouohfes ls a-oustoms atut'y. I'or purpoeos ofthlc pÂrå,gif,ôph, â,ny þone.lty â¡aess¿bleln ¡'olatton to en a,mount of ousÛotnFdutv, whotbor of not' eny auoh duty llin id,où duo qnd Payable, wlil i¡o âs-googsd tn tho s&mo m&nnor Ìvltb rogpoot
1900.(4\ Monaøl sntru or releøce, Any rof-
lnforilalor€no6 to b, figtìtuøl formel o¡ontry or r6los,8o muBt not lnolu<lo¡
(t) Any formel or lnform¿l ontry orrôloa,&ô lltgd by on lmlortsr or þrokorwho l¡ oBor'&tlona,l for oargo role¿sothrougb tho Automatsct Brokor Intsr'faoe (ABI) o! bho CBP Automatocl oom-msrolal Svstsm (AOB) ot eny Portwlthln ühe Unltpd $ftaüe¡¡
(lt) A.ny forma,l or lnforma,l ôllt¡v o¡relsego lllod a,t e porü whore 00,190 8o-loottvlty fo not f\rlly lmplomoi!üod lf
i
õ9?
s 2A.23 le cFR Ch. ¡ (4-l-'15 Edfllon)
ontgrod of, roloeeod ls sublsot to thoOBP of d fos otpeymont to
(l) gz tf tho ontry o¡'to¡oo.oo 18 â,uto-metod etrd not pruparoû by oBP psrrsonnol;
(ü) $0uel and0r
(1u) s0 lf tho ontry or ro¡oeÊo' whoth-or a,utometsd or ma.nu&I, ls proparsd byODP por¡onnol,
soltdatsô documsnt, An lnallvlduð,! alr
tf übo ontr'y o¡ ¡oloaso lB m&b-not proge¡ôd by OBP poroonuoli
fllod by 4n lmportet or broksr who l¡oBql&tlonÊ¡ for AII ontry summ&ry¡ or
(ltl) .{ny lnform&l onüry or ôny LlnoR6loa'Be nlod eü 0, Þû,rt vvhoro 0Ârgo s0-looùtvtty lB ftluy lmÞlelr¡ontsd lf nledby an tmportor o¡.broher who ls opsr-å,ülone¡ fo¡ *{BI sntrY ¡u¡r¡m&!Y.
(Ð ,fi¡øll ølr.gorl: or ltller løqlllt[, A'
smqtl ølrport ot otllqr lo,cl$W ls tùny a'tt'Dorù o! othor faolllty whtob ha¡ bssnãeslfllated 0,s 4 uôor fso faolllty undsl19 U.g.O, û8þ ¡nil &t 'rrhloh
moro th&n36,000 tnformel gntrtos wero prooossoddu¡ln8 thö prsosdlng fleoal Yoa,r'
(8) ,Slnoll qlrport ot othw laßl\tv' WLbh¡oÀpoot tq the prgoss¡lnB of lottgrs'dooumentr, toooril¡, shlpmonts' moFohenctlse, or *¡rv othor ltsm thçt ls val-usd 4t é2,600 or logs, or eny hl8horemount prio¡ortbeô for purpoaor of ln-formal eñtry l$ 0149,21 of thls ohoBtor,¡ smqll çlrúoft or other fsolllüv mu!üDey to qBP-en amgunt oquq,I to tho ro'imþur¡omsnü (lnoludlng ovsrtlmo)wt¡iot¡ tt¡e ftoiltt'y lq rsq,uù'ed to mckodurlng tlre flsoel yo&r u¡der !2{'l?,
({) E¡pre¡s conslgnment oanler ønd'
oehirøll¿èd hub tacltrltlec, EÂoh oorrlor oroDorotor ußlng ân oxpross oo¡lslgnmonto¿rrlsr faotlttÍ on o oontrallzort hub fs.ol¡lty muÊù peY to OBP a feo tn thoamou¡rt of $1.00 !s¡ lndlvl¿lual elr wBv-blll or tndlvtdual blil of ladlng for theDrooosslng of alrway bltls for shlp'inents ar¡'lvlûs ln tù¡e U,Ê' In adùltlon'lf merohandl¡s ls formally snto¡et s'nd
(B) MaÆImufi ønd mlnlmum /eet, guþ-ioòt'to ths Brovt¡fon¡ of ps,resrepbgi¡¡ttXUl øaal (d) of thtF FooÛlon rolÊÛlnsòo i¡úò éuroha¡tio ond to egqroga,tlon oftho ad valorom foo rs¡Dsoülioly, tho edv¿lo¡on¡ fos oborg:od unalor Da,regreph(bxl)OXA) of thle sooùlon muot not 6tl'òo'sa $ls6 a'nil mugt not b0 lôss than S20.
d;l\ gttroltørse Íot ,nafluúl ent'r! ot ts'teàsè, tn tue oa,pó of env forme.l me,nualentiy o¡ rgloåao of merohandlso' È.Qlt'oho¡iss of tt wtlt þe arsoËssd atral wlll þotn aãdttton to enY a,d velorom foootorcoo under Dorãg:repbs (bXlXl)(A)andt (B) of tl¡ls seoülon.
l2) hllormøI enttv ot rsreøse. E¡(oôpb tnthä'oaâs of môrohÂndlEo oovored byp®:raph (bXB) or palatrroph (b)(a).ofi¡lg ìsclton. and exosDt ts oùhorlvlso¡rovlded ln pâ,r&gr4ph (o) of thls soo--ülon, rnorohandlgo thet l! lnformally
veluoat at $t,600 or losg, tho lmuortor ofnooo¡d must pav to OËP lha qd aqloramfes g¡eolflod ln par&gra,Dh OXI) of thloBootton, tf &Dptlc*blo. An lndlvlduol alrweybllt or indlvtdual blil'of leiüng letJro tndlvlduøl dqoumsnb ls¡uoal Þy tlrsoarrlor or oporÀtor for ÚranpDorttngan<Vor treoklng an lndlvldual ltom' Iôtbor, Deoka,go, snvolopg, rooord, doou'moitl or sblbment. Án lndtvlctual olrweybltl tð tho bttl et the towo8ü lovo¡,and ls not & mêstor þ1ll or othôr'oon-
wayÞlll or btll of tadlng l¡ ¿, blll rop'ro¡'ontlng an lndlvldual thlDmont th4the¡ lt6 bwn unlquo bfll numbo¡ *¡dtr&oklna numbor, whero tho shlpmenùls a¡slrhod to * stngto ultlm&to oon-¡lrnoo. and no lowor bll¡ \rnlt oxtsts.Põvmdnt musl¡ Do medo üo OBP o¡r &quertorly basl¡ and mu8ü oovor tho ln-divldu&l f6sg for eU ôubjsoü trgn¡'6otlonð tlret ooour¡'od durìlns e oE londerquartor. Tho followlnc eddltlon4l r0-<iulromento anrl oont[ltlons epply to
f
!
!
,
i
í¡I
'I
I
I
698
Attachment 4
Movement Gharges in the Home Market
BahrainDoing Business in Bahrain 2020
Movement Charge Calculations
Forei
Location I Location 2 Average
Domestic hansport cost (IJSD) $250 $250 a o.47
Distance ftm) $1e $19 b p.47
Total of 15,000 c o.44
Cost per kilogram $0.01667 d=alc USD/ks
Cost oer oound $0.00757 0.454 * d USD/Ib
Cost oer kilosram per kilometer $0.00088 dlb USD/Ks/km
Cost $0.00040 0.454 * d/b USD/Lb/km
Location 2 AverageLocation Io.47$145 a$145Domestic transport côst (usD)
sl8 b p.47$18Distanceo.44I 5,000 cTotal Weieht of.shipm<
d=a/c USD/ke$0.00967CostusD/lb$0.00439 0,454 * dCost oer pound
USD/Ke/kmdtb$0.00054Cost per kilogram per kilometerUSD/Lb/km$0.00024 0.454 4 dtbCost per pound pei kilometer
and ImportLocation I Location 2 Avcrase
côst $395 $395 & p.47
ftm) $37 s37 b þ.47
Total Weieht of shipment (ke) 1 5,000 c p.44
$0.02633 d=a/c USD/ke
Cost þer þoudd $0.01196 0.454 * d USD/Ib
$0.00071 d/b USD/Ks/km
kilometer $0.00032 0.454 * d/b USD/Lb/km
BahrainDoing Business in Bahrain 2020
Movement Charge Calculations
Forei
Location I Location 2 Averaqe
Cost Border s47 $47 e p. 45
Cost 100 $100 f p. 45
Total sl47 $0 $147 *=s+f
Total W of 15.000 h o.44
Cost oer kilosram ' $0.00980 slh USD/Ke
$0.00445 0.454* slh USD/Lb
Location 1 Location 2 Average
to $397 $397 e2 o.45
to $130 $130 f2 þ,45
ssz"t $0 ss27 s.2=e2+f2
of 15.000 h2 o.44
Cost ner kiloeram $0.03 513 p2lh2 USD/Ks$0.01595 0.454 * e2/b2 USD/Lb
))
Page 1
Start¡ng å business
Dealing wlth construition pcrmits
Gettlng electr'city
Economy Profile of Bahrain
Doing Business 2020 Indicators(¡n order of appearance ¡n the document)
Procedures, time, cost ând paid-in minimum capital to start a limited l¡ability company
Procedures, time and cost to complete all formalities to build a warehouse and the quality control and safety
mechanisms in the construction permitting system
Procedures, time and cost to get connected to the electrical grid, and the reliability of the electricity supply and
the transparen€y of tariffs
Procedures, time and cost to transfer a property and the quality ofthe land administration system
Movable collateral laws and credit informat¡on systems
Minority shareholders' r¡ghts ¡n related-party transactions and in corporate governance
Reglsterlng property
Cåttíng cred¡t
Protêctlng mlnorlty lnveËtars
Paylng täxeÊ Payments, time. total tax ônd contribution rate for a firm to comply with all tax regulations as well as postf¡ling
processes
Time and cost to export the product of comparative advaniage and import auto parts
Time and cost to resolve a commerc¡al dispute and the quality ofjudicial processes
Time, cost, outcome and recovery rate for a commercial ¡nsolvency and the strength of the legal framework forinsolvency
Flexibil¡ty in employment regulation and redundancy cost
Tradlng across borders
Enforclng contracts
Resolvlng lnsolvency
Employlng workers
Pâge 2
About Doing Business
The Do,ng Bas,ness project prov¡des object¡ve measures of busìness regulat¡ons and the¡r enforcement across 190 economies and selected c¡ties at the subnational and
reg¡onal level.
The Oolrg Bus/less project, launched in 2002. looks at domestic small and medium-size companies and measures the regulations applying to them through the¡r l¡fe
cycle.
Doøg Buslness captures several important d¡mensions of the regulatory environment as it appl¡es to local firms. lt provides quantitative indicators on regulat¡on f0r
borders, enforcing contracts and resolving insolvency. Doøg Busr,laess also measures features of employing workers. Although Dolrg Br./s,ress does not present rankings
of economies on the employ¡ng workers indicâtors or include the top¡c in the aggregate ease of doing business score or ranking on the ease of doing bus¡ness, it does
present the datâ for these ¡ndicators,
By gather¡ng and analyz¡ng comprehensive quantitative data to compare business regulation environments across economies and over time, Dolng Busr,ness encourageseconomies to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sectorresearchers and others interested in the business climate of each economy.
In add¡t¡on, Dorng Eusiness offers detailed subnat¡onal studies, wh¡ch exhaust¡vely cover business regulat¡on and reform in d¡fferent cities and regions with¡n a nation.
These studies provide data on the ease of doing business, rank each location, and recommend reforms to improve performance in each of the ¡ndicator areas. Selected
cit¡es can compare their business regulations with other cities in the economy or region and with the 190 economies that Do,r,g Bus,ness has ranked.
The f¡rst Do,ng Bus,ness study, published in 2003, covered 5 indicator sets and 133 econom¡es. Thls year's study covers 11 indicator sets and 190 economies. Most
ind¡cator sets refer to a case scenario in the largest business city of eâch economy, except for 11 economies that have a population of more than 100 millìon as of 2013(Bangladesh, Braz¡1, China, lndia, lndonesia, Japan, Mexico, Nigeria, Pakistan, the Russian Federation and the United States) where Dolng Busness also collected datafor the second largest business city. The data for these LL economies are a populat¡on-we¡ghted average for the 2 largest business c¡ties. The project has benef¡ted fromfeedback from governments, academics, practitioners and reviewers. The initial goal remains: to provide an objective basis for understanding and improving theregulatory environment for business around the world.
To learn more about Dolng Euslness please visit do¡ngbusiness.org
Page 3
Ease of Doing Business in
Bahrain
Ranklngs on Þolng Buslness toplcs - Bahraln
ln(ome Category H¡gh income
Reglon M¡ddle Eðst & Nofth Africå D8 RANK DO SCORE
il Popúlôtlo¡ 1,569,439
arü6
Yiix 76.0 ffi
v6a*'ÆYClty Covered
m\tt&lfi*t&&@&&ffivStaÉlng
aBuslness
Deâ¡lngwlth
ConstructlonPêñlts
Gett¡ngElêctrlc¡ty
ReglsterlngPropeÉy
Gefr¡n9credlt
Protedlð9Mlnorltylnvestors
w &PaylngTaxes
Trad¡ng Enforclngacross Contråcts
Resolvlnglnsolven<y
Bordels
t,.) f,'I #.h ñfr å,,h fi,} #å\'/ \.r/ \./ \**/ q*l \-J \-l
Procedures (number)
Time (days)
Cost (% of income per cðpita)
Reliability of supply ¿nd trånsparency of târitf¡ndex (0.8)
Procedures (number)
lìme (days)
Cost (number)
Pðidln min. cap¡bl (% of¡ncome per capita)
5
69
57.4
6
6,5
8,5
I2.9
r' ooerinowtjhcà-n{¡ua.oîig¡Utld'*r Íj.;", ,ll:'. i tl. rlr.æ1{ilnr'¡¡rì;atyrwgltortànt<¡. 5r
sroro ot aãÀtino ivtûr tclsùu¿doÀ pérräB (ô.¡00) , 8¡.1, siórs'ii próteìt¡ng rìn¡r¡tilrvesrbtr lo'¡oot 66.0
Procedures {number)
Time {dðys)
Cost (% ofwarehouse vðlue)
Bu¡ldin9 quôl¡ty controì ¡ndex (0-15)
9
71
r2.0
Strength of leg¿l ¡i9ht5 index (0.12)
Depth ofcredit i¡formation index (0.8)
Cred¡t reqistry coveraqe (% of ¡dult5)
Credit büreau coverage (% ofadults)
Extent ofd¡sclosure ¡ndex (0-10)
Extentof dlrectorl¡¡bility¡ndex (0.10Ì
Ease of shàreholder5uils index (0-10)
Extent of shðr€holder.¡ghts index (0-6)
Êxtent ofownership and conkol ¡ndex (0-7)
E¡tent of(orporate trãnspårency ¡ndex (0-7)
3
I0.0
40.9
8.0
4.0
5.0
5.0
't.o
4.0
Documen¡ary (omplìðnce (houß)
Border compliance (hours)
Documentary compliânce (USDI
Eordercompliånce (USD)
Documentary compl¡ance (hours)
Sorder compliânce (houß)
Documentary complian(e {U50)
Border compliðnce {USD)
24
59
100
47
60
42
130
391
,lir;$lild;ieiir'.iiii!{¡1Nlflrljr jl li i:¡1 tillir,i,i,:,iijlS(øe ofenforclng contôG (GfOO) 63.8:
615
t4.7
9.0
3
23
13.8
" riir*i¡itii$.tù{À¡l|,ì:iìüi,ltrfltilii'¡¡f rlliiil,ì:ri:; r,,,:,;r.ti.stòrdoiregisiélaipéþ¡tviô.iooi,"'l:,:, ì"r:ii: i'r'l.:r''' lrào,ir
Payments (number per yead
lime (hours per yeðr)
Totôl tax ånd contribution rate (% ol profrt)
Posíìlin9 ¡ndex {o-100)
Procedures (number)
lime (dåys)
Co5t {o/o of property value)
Qual¡tyofthe land àdmin¡stñtion jnder (0-30)
2
2
r.7
19.5
41.3
2.5
9.5
0
r' Reþlvlng lnrolv-êncy (6¡kl 60
kore ol eÐlv¡ng lôsoiven.y (0.lool 58.2
l]me (days)
Cost (7ó ofc¡åim value)
Quality ofjudicial procêsses index (0:18)
Recovery rðte {cents on the dollar)
nme (yeðrs)
Cost (% of estôte)
Outcome {0 as piecemeal sale ðnd I as qoingconcern)
Shenqth of insolvency fÊmework index (0-16) ll.5
Page 4
ilbTrading across Borders
Dong Eus,ness records the tlme and cost associated w¡th the log¡sti€al process of exporting and importing goods. Doing Business measures the time and cost (exclud¡ng
tariffs) associated with three sets of procedures-documentary compliance, border compliance and domestic transport-within the overall process of exporting orimporting a shipment of goods. The most recent round of data collect¡on for the project wðs completed in [4ay 2019. See tlìe rnethodoloov for morê information.
What tha lndlcators neasure Cass study assumptlons
Documentary compliance
' Obtaining, preparing and subm¡tting documents duringtransport, clearance, inspections and port or border hândling in
oriqin economy
. Obtaining, preparing and submitting documents required by
destination economy and any transit economies
. Covers all documents required by law and in pract¡ce, includingelectronic submissions of information
Border compliance
. Customs clearance and inspections
. lnspections by other agencies (if applied to more than 20% ofsh¡pments)
. Handling and ¡nspections thattake place at the economy's port
or border
Domèstlc transport
. Loading or unloading of the shipment at the warehouse orporvborder
o Transport between warehouse and porvborder
. Traffic delays and road police checks wh¡le shipment is en
route
To make the data comparable across economies, a few assumptions are made aboutthe tradedgoods and the transactions:
Time: Time is measured in hours, and 1 dôy is 24 hours (for example, 22 days are recorded as
22x24=528 hours). lf customs clearance takes 7.5 hours, the data are recorded as is. Alternatively,suppose docunìents are submitted to a customs agency at 8:00a.m., are processed overn¡ght and
can be picked up at 8:00a.m. the next day. The t¡me for customs clearance would be recorded as
24 hours because the actual procedure took 24 hours.
Cost: lnsurance cost and ¡nformal payments for which no receipt is issued are excluded from thecosts recorded. Costs are reported in U,5. dollars, Contributors are asked to convert local currencyinto U.5, dollars based on the exchange rate prevailing on the day they answer the questionnaire.
Contributors are private sector experts in internationãl trade logistics and are informed aboutexchange rates.
Assumptlons of the case study:- For all 190 economies covered by Dolng Busrness, it is assumed a shipment is in a $/arehouse in
the largest bus¡ness city of the export¡ng economy and travels to a warehouse in the largestbusiness city of the importing economy.- lt is assumed each economy imports 15 metric tons ofcontainerized auto parts (HS 8708) fromits natural import partner-the economy from which it imports the largest vôlue (price timesquantity) of auto parts. lt is assumed each economy exports the product of its comparativeadvantage (defined by the largest export value) to its natural export partner-the economy that is
the largest purchaser ofthis product. Shipmentvalue is assumed to be 950,000.- The mode of transport is the one most widely used for the chosen export or import product and
the trading partner, as is the seðport or land border crossing.
- All electronic information submissions requested by any government agency in connection withthe shipment are considered to be documents obtained, prepared and submitted during the exportor import process.
- A port or border is a place (seaport or land border crossing) where merchand¡se can enter orleave an economy.- Relevant government agencies ¡nclude customs, port author¡ties, road police, border guards,
standard¡zation agencies, ministries or departments of agriculture or industry, national securityagencies and any other government authorities.
Page 44
Trading across Borders - Bahrain
lndlcator Bahrain Middle East &North Africa
OECÞ h¡ghtncome
Best RegulatoryPerformance
Cost to export: Border compliance (U5D) 47 441.8 136.8 0 (19 Economìes)
Cost to export: Documentary compliance (USD) 33.4100 240.7 0 (20 Econom¡es)
Cost to import: Border compliance (USD) 397 5r2.5 98.1 0 (28 Economies)
Cost to import: Documentary compllance (USD) 130 262.6 23.s 0 (30 Economìes)
Flgure - Tradlng àcross Bordeß ln Eahraln r Score
T¡meto
export:Border
compl¡ance
Costto
export:Border
compl¡ance
Timeto
export:Documentarycompliance
Costto
export:Documentarycompl¡ance
Tlmeto
lmport:Border
compliance
Costto
¡mport:Border
compliance
Timeto
import:Documentarycompl¡ance
Costto
import:Documentarycompl¡ance
'''''Iì i ''l ' l'rl:li'ì"'il:ìil':;rtt':t"\::1:'::: 'Flgure - Tradlng across Borders ¡n Bahraln and compãrator econom¡es - Ranklng and Scoie
' r i.'
DB 2020 Trading Across Borders Score
o 100
84.1: Oman (Rank:64)
79.0. (Rank:75)
78.7i Bahrô¡n (Rankt 77)
71.5r Qatar (Rank: 101)
61.8: Reg¡onal Average (M¡ddle Eðst 6, North Afr¡cð)
52.6: Kuwait (Rankr 162)
Note: The ranking of econom¡es on the ease of trad¡ng across borders is determ¡ned by sorting their scores for trad¡ng across borders. These scores are the simpleaverage of the scores for the time and cost for documentary compliance and border compliance to export and import.
Page 45
Flgure - Tradlng across Borders ln Bahrðln - Tlme and Cost
24
* T¡me (hours) '* cost (UsD)
'?o
60
0so3oo930Fzo
10
0
397450400
350300
250200150100500
42 o-
Export
BorderCompl¡ance
Êxport
DocumentäryCompllânce
lmport
BorderCompliânce
130
lmport
DocumentaryCompliance
r00 .------- --"- " -..--
Page 46
Detalls - Tradlng across Borders ln Bahraln
Character¡stics Export lmport
Trade partner Saudi Arabia Japan
D¡stance (kn1) 1819
Domestic transport cost (USD) 2s0 145
Time to Complete (hours) Assoclatêd Costs (USD)
Expore Clearance and ¡nspect¡ons required by
agencies other than customs
0.00.0
lmport: Clearance and inspections required by
customs authorities
36.0 170.0
lmport: Port or border handling 42.0 227.0
Paqe 47
Detalls - Trâding across Borders ln Sahraln - Trada Documènts
Export lmport
Cargo Manifest Packing list
Customs declaration Bill of lading
lmport declaration
Page 48
Eusiness Reforms in Bahrain
Fron May 2, 201B to Môy 1, 2019, 115 econom¡es implemented 294 business regulatory reforms across the 10 areas measured by Doing Business. Reforms inspired by
Domg Eusness have been implemented by economies in all regions. The following are reforms ¡mplemented since Domg Bus¡,hess 2008.
y'=DoingBusinessreformmak¡ngiteas¡ertodobusiness. X =Changemaking¡tmored¡fficulttodobusiness.
082020
/ Deallng with Constructlon Permlts: Bâhrain made obtaining construct¡on perm¡ts easier by further streâmlining the applicåtion process through the new Benâyât
online platform, and by delegâting the application review process to licensed engineering f¡rms.
*/ Gettlng Electric¡ty: Bahrain made the process of getting electricity easier by investing in dig¡tization and trânsparency of information and by improving its inspection
and ¡rìstallation process.
*/ Registerlng Property: Bahrâin made property registrat¡on easier by streamlining administrative procedures and ¡mproving the qual¡ty of the land administrâtionsystem.
'/ Getting Cred¡tr Bahrâ¡n strengthened access to cred¡t by g¡ving secured creditors absolute priority during insolvency proceedings. Dur¡ng reorganizat¡on proceedings,
creditors are also now subject to an âutomat¡c stay thât ¡s l¡m¡ted ¡n time with clear grounds for relief.
/ Pfotect¡ng Minoflty lnvestors: Bahra¡n strengthened minor¡ty investor protections by clarifying ownership and control structures.
r' Paylng Taxes: Bahrain made paying taxes eas¡er by introducing electronic pâyment of social ¡nsurance contributions.
r' Tradlng atross Borders: Bahrain mâde exporting faster by deploying new scanners.
r' Enforclng Contractsi Bâhrain made enforcing contrscts easier by creating a specialized commercial court, establishing time standards for key court events and
allowing electronic service of the summons.
r' Resolvlng lnsolvency: Bahrain made resolving insolvency easier by ¡ntroducing a reorgan¡zâtion procedure, allowing debtors to ¡n¡tiate the reorganization procedure,
adding provisions on post-commencement financing, and improving voting arrangements.
082019
y Protectlng 14lnority lnvestors: Bahrain strengthened m¡nority ¡nvestor protections by increasing shareholders' right and role in major dec¡s¡ons, clår¡fy¡ng ownership
and control structu¡es and requiring greater corporate transparency;
I Trading across Borders: Bahrain reduced the t¡me needed to import by deploying portal scanners and upgrading the single window system.
D82018
X PayingTaxesrBahrainmadepayingtaxesmorecomplicatedbyintroducinganewheâlthcarecontributionbornebytheemployer.
r' Enforcing ContractsÌ Båhråin made enforcing contrâcts easier by introducing an electronic cåse mânagement system for the use ofjudges and lawyers.
D82017
*/ 5taÉlng a Buslnessl Bâhrain made starting a business easier by reducing the minimum câpital requirement.
"/ Getting Cred¡t! Bshra¡n improved access to credit informâtion by guaranteeing by law borrowers'right to inspect their own data.
r' Trading across Borders: Bahra¡n made exporting easier by improving infrastructure and streamlining procedures at the Ring Fahad Causeway.
D82015
r' Reglsterlng Property: Bahrain made registering property easier by reduc¡ng the registrat¡on fee.
/ Gettlng Credit: Bahrain improved access to credit information by approving the credit bureau's collection of data on firms.
D92014
X Starting a Susiness: Bâhra¡n made stârting a business more expens¡ve by increasing the cost of the business registration cert¡f¡cate.
/ Gettlng Cred¡t: Bahrain improved access to credit information by starting to collect payment ¡nformation from retailers.
Employing Workers: Bahrain reduced the maximum cumulative duration of fixed-term contrâcts, mâde third-party notificst¡on mândatory for redundancy dismissals and
increased paid annual leave.
D8201'l
X Registering Property: Bahrain mâde reg¡ster¡ng property more burdensome by increasing the fees at the Survey and Land Registration Bureâu.
'l fradino across Eorders: Bahrâin mâde it eâsier to trâde bv buildiné e modern new oort. ¡mÞroviné the electronic dâtâ interchânøe svstem and ¡ntroducind risk-based
Page 64
D82010
/ Dealing w¡th Construction Permits: Bâhrãin mâde dealing with construction permits easier by further consolidâting preliminary epprovals for bu¡lding permits in the
one-stop shop and reduc¡ng the time needed to obtain a bu¡ld¡ng permit.
Pôge 65
I ltIxililiilil[ilffiilil ilIilililfiffil
Page 66
Attachment 5
Transport Distances for U.S. and HMMovement Charges
HM Distances
&**gle MeW G'ARMCO, Bahraln to Mânama' Bahraln Drlye 9:5 km, 15 min
¡laþ .dâlâ :@t020 sil00 .û t-,
'Bahraln, 1ge; 8ffi - S'S1. North. S(r"ä' thdustrii¡l
Location Distance to Port
Mill to Port GARMCO 9.50
Distance 9.s0
HM Distances
såÀ*sþet*w.8å3ffo"B4hltlntôlhdu$trlÊ|Är.Qê,.1{gs'ry¡e'q6.Ftl.w.,1 û,.F,lrlll,:;l 6'{gllt
r¿up¡¡¡li¡mo 'tñild¡
Factory Local Delivery to Local Distances
GARMCO
Ma'ameer Industrial park 10.50
Bahrain International Investment Park 15.60
Industrial Area2 - Mina Salman 7.80
Average 11.30
GARM0q Bahraln to Bahrâin lntêmâΡonê¡ lnvestrnent Park Drivê 15.6 km, 15 m¡n
úrp.dutao2oro rooohr-¡*
Q**g[ç *øg$X& , ,€,ÅRM*& tsdhrÉlfi:¡o*'lirdi¡gtrlei *reri'¿¡t¿hs;B¿iirrs¡r úrtVc f ie{çm; 1û rnùr
!dq?{rqf?,wq ¡o9c{t¡-**¡
Ranged Data PUBLIC VERSION
U.S. DistancesPort Custom location Distance from Port
s40I
1
I
I
t
I
Attachment 6
Movement Charges in the U.S. Market
United StatesDoing Business in United States 2020
Movement Charge Calculations
U.S. Brokerage
New York Los Anseles Avcraqc
Cost to Imþort: Border Compliance (USD) $l 75 $175 $175 pp. 82. 86
Cost to Import: Documentary Compliance (USD) $ 100 s 100 $r00 f pp. 82, 86
Total 527s s:e+f
Total Vy'eieht of shipment (ks) 15,000 h p.81
Cost per kilogram $0.01 833 slh USD/Ke/km
Cost per pound $0.00832 0.454 + Elh USD/Lb/km
U.S. lrland Freight
New York Los Angeles Average
Domestic transport cost (USD) $4.373 $1.931 $3, 1 52 a pp.84. 88
Distance (km) 3,192 1,29s 2.244 b pp.84. 88
Total Weight of shipment (kg) I 5,000 c p.8l
Cost per kilogram $0.2 r 01 3 d:alc USD/ke
Cost per kiloeram per kilometer $0.00009 d/b USD/Ke/km
Cost per pound per kilometer $0.00004 0.454 * d/b USD/Lb/km
I)
Page I
Stãrting r br¡siness
Dealing with constructiûn pêrmits
Getllng eleclricity
Reqlster¡ng propeÉy
Gettíng credit
Protectlng m¡nûrlty invçstors
Economy Profile of United States
Do¡ng Bus¡ness 2020 lnd¡cators(in order of appearance in the document)
Procedures, time, cost and paid-in minimum cap¡tal io start a limited liabil¡ty company
procedures, time and cost to complete all formðl¡ties to build a warehouse and the quality control and safety
mechanisms in the construction permitting system
Procedures, time and cost to get connected to the electr¡cal grid, and the reliability of the electricity supply and
the transparency of tariffs
Procedures, time and cost to transfer a property and the quality of the land administration system
Movab¡e collateral laws and cred¡t ¡nformat¡on systems
Minor¡ty shareholders' rights in related-party transactions and in corporate governance
Pâying tâxês
Trading across borders
payments, time, total tax and contr¡bution rate for a firm to comply with all tax regulations as well as postfillng
processes
Time and cost to export the product of comparatlve advantage and import auto parts
Enforclng contracts Tme and cost to resolve a commerciôl dlspute and the quality ofjudic¡al processes
Time, cost, outcome and recovery rate for a commercial insolvency and the strength ofthe legal framework for
insolvency
Flexibility in employment regulation and redundancy cost
Resolvlng lnsolvency
Employlng workers
Page 2
About Doing Business
The Dolng Eusrness project prov¡des objective measures of bus¡ness regulations and their enforcement across 190 economies and selected cities at the subnational and
regionâl level.
The Do,ng 8rsøess project, launched ¡n 2002, looks at domestic small and med¡um-size companies and measures the regulations applying to them through the¡r life
cycle.
Domg Buslness captures several important dimensions of the regulatory environment as it appl¡es to local firms. lt provides quantitative ind¡cators on regulatìon for
borders, enforc¡ng contracts and resolving insolvency, Doing Business also measures features of employing workers. Although Do,ng Buslress does not present rank¡ngs
of economies on the employing workers indicators or include the topic in the aggregate ease of doing business score or ranking on the ease of doing business, it does
present the data for these indicators,
By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, Do,rg Euslness encourageseconom¡es to compete towards more efficient r€gulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector
researchers and others interested in the business climate of each economy.
ln add¡tion, Doing Bus,rêss offers detâiled subnational studies, which exhaustively cover business regulation and reform in different cities and reg¡ons w¡thin a nation.
These studies prov¡de data on the ease of doing bus¡ness, rank each location, and recommend reforms to improve performance in each of the indicator areas. Selected
cities can compare the¡r bus¡ness regulat¡ons with other c¡ties in the economy or reg¡on and with the 190 economies that Dong 8usÍ,ess has ranked.
The first Doing Eusl/ress study, publ¡shed in 2003, covered 5 indicator sets and 133 economies. This year's study covers t1 indicator sets and 190 economies. Most
indicator sets refer to a case scenario in the largest business c¡ty of each economy, except for 11 economies that have a population of more than 100 m¡llion as of 2013(Bangladesh, Brazil, China, lndia, lndonesia, Japan, Mexico, Nigeria, Pakistân, the Russ¡an Federation and the United States) where Dolrg Eusmess also collected datafor the second largest business c¡ty, The data for these lL economies are a population-weighted average for the 2 largest business cities. The project has benefited fromfeedback from governments, academics, practit¡oners and reviewers. The initial goal remains: to provide an objective bas¡s for understanding and improving theregulatory environment for business around the world.
To learn more about Doirg Euslr?ass please visit doingbusiness.org
Pôge 3
Ease of Doing Bus¡ness ¡n
United States
ffi
ï::l OECD high income D8 RANK D8 SCORE
l¡come Category High income
New York C¡ty. Los Angeles $ e-þPopulat¡on 327,t61,434
clty Covêred
Rônklngs on Þolng Buslness toplcs - Unlted statês
@ãht$tU
EnforclngContncts
&&&@GettlngReglstêr¡ng
PropeÉy
æ&Gefrlng
Electrlclty
&6\r,Paylng Resolvlng
lnsolvencyStaÉln9
âBuslnesg
Deallngwlth
ConstructlonPemlts
ProtecllngMlnor¡tylnvestors
Tradlng
Eorde15
.,..i,j I tlr: r t. .::..,.Toplc Scoreg
Procedures {number}'lime (daysl
Cost {number)
Pôid-¡n min. côpitðl {% of income perrðpita}
Strength ol legãl rights ¡ndex (0.12)
Depth of (red¡t ¡nformât¡on inde¡ {0-8}
Credit registry coveràge (% ofadults)
Cred¡t bureâu coverage {% ofadulßl
Procedurcs (number)'Iime (dðys)
Cost (% ofw¿rehouse vðlue)
8u¡ld¡n9 qual¡ty cootrol index (0-15)
16
8l0.7
12,4
Extent of disclosure index (0.10)
txlenl of director liðbillly index (0.10)
Eâse ofshareholder suits index (0-10)
futent of shareholder r¡ghb ¡nde¡ (0-6)
Extent ofowner5hip ând control index (0-7)
E¡tent of corporôte Vanspðren(y index {0.7)
n¿glst!tlnt PÉFerty (Fokl
kæof reglnering prcpêi9 (0-t00)
Påyments (number per yeðr)
l¡me (hours per yeå4
Totôl tôx and.onlribution rate (% of proft)
Postfil¡n9 ¡ndq (0-100)
Time (dðys)
Cost (% of cla¡m value)
Quality ofjud¡ciôl procesres index (0-18)
444
30.5
14.6
60
175
100
l?5
,éølt'"i*r¡¡rrcd*tr*"ilon P.,;¡r(nnkl .: .2à. jróterui's.ùtffiliv"qi"!Ítii1u 36
llI
o.o
to0_o
6
4
1
0.0
Do(ument¿ry coñpl¡ance (hours)
Border compl¡ðnce {hours)
Oo(umêntãry compliance (IJSD)
Eordercompl¡ônce (USD)
Deuñenbry (ompliance (houß)
Eorder compliðnce (hours)
Documentåry aompliônce (USD)
Border compliance (USO)
Procedures {number)
]jme (day5)
Cost {% of¡ncome per capitð)
Rel¡ability of supply and trãnspðren(y oftarìff index (0.8)
r' ¡åj,i¡i çroi t"nl¡ : '
;i¡öre'iiiüÍiiö:Ëtepr,itjfe¡., r':útorlnccontraiiilraltl: :
-U,storc of éhlÕrclñg tonbôct51ù1001i: i:,'. : . i,1l ?3-i4:
Re@lvlnirnaglviiry. Ipill't;.:':'1,, .i. .. I lr',Ìi'r',. ;.'i.
S.oreotresolving fn3ôlwncy {G100) 90,9Procedures (number)
ïme (days)
Cost (o/o of property vôlue)
Qualìty ofthe Iand adnin¡sùation ¡ndex {0-30)
Recovery Ete {cents on the dollad
ïme (yeôrs)
Cost (% of estale)
81.0
1.0
10.0
I
7.0
9.0
9.0
2.0
3.0
s.0
'¡5s6.8
11
175
36.6
94-0
5
90
21.1
1
:t'ii9:
4
t5
2.4
I7.6 Outcome (0 ô5 piecemeôl sôle ônd 1 as qoinqconcern)
Strength ofinsolvency fGmework index (0-16) 15.0
90.5
Page 4
ffi Trading across Borders
Dolng Business records the time and cost associated w¡th the logistical process of exporting and importing goods. Doing Business measures the time and cost (excluding
tariffs) associated with three sets of procedures-documentary compliance, border compliance and domestic transport-within the overall process of exporting orimporting a shipment of goods. The most recent round of data collect¡on for the project was completed in May 2019. Sqe tl'ìe methodoi!ìr:y for mcre ìnÍormûtion.
What the lndicators measure Caso study ðssumptlons
Documentary compliance
' Obtaining, preparing and submitting documents duringtransport, clearance, inspections and port or border handling in
origin economy
o Obtâining, preparing ând submitting documents required by
dest¡nation economy and any transit economies
' Covers all documents required by law and in practice, includingelectronic submissions of information
Border compllance
. Customs cleafance and inspections
' lnspections byotheragencies (if applied to morethan 20% ofshipments)
' Handling and inspect¡ons thattake place at the economy's port
or border
Domestic transport
' Loading or unloading ofthe sh¡pment at the warehouse orport/border
' Transport between warehouse and porvborder
' Traffic delays and road police checks while shipment is en
route
To make the data comparable across economies, a few assumptions are made about the tradedgoods and the transactions:
Time: T¡me is measured in hours, and 7 day is 24 hours (for example, 22 days are recorded as
22x24=528 hours), lf customs clearance takes 7.5 hours, the data are recorded as ¡s. Alternatively
suppose documents are submitted to a customs agency at 8:00a.m., are processed overnight and
can be picked up at 8:00a.m. the next day. The time for customs clearance would be recorded as
24 hours because the actual procedure took 24 hours.
Cost: lnsurance cost and ¡nformal payments for which no receipt is issued are excluded from thecosts recorded. Costs are reported in U.5. dollars. Contributors are asked to convert local currencyinto U.5. dollars based on the exchange rate prevail¡ng on the day they answer the quest¡onnaìre.
Contributors ðre private sector experts ¡n international trade logistics and are informed about
èxchange rates.
Assumptlons of the case study:- For all 190 economies covered by Doing Busmess, it is assumed a sh¡pment ¡s in a warehouse in
the largest business city of the exporting economy and travels to a warehouse in the largest
business city of the importing economy.
- lt is assumed each economy imports 15 metric tons of container¡zed auto parts (HS 8708) from
its natural import partner-the economy from wh¡ch it imports the Iargest value (price timesquantity) of auto parts. lt is assumed each economy exports the product of its comparat¡ve
advantage (defined by the largest export value) to its natural export partner-the economy that is
the largest purchaser ofthis product. Shipmentvalue is assumed to be 950,000.- The mode of transport ¡s the one most widely used for the chosen export or ¡mport product and
the trading partner, as is the seaport 0r land border crossing.
- All elect¡.onic ¡nformôtion submissions requested by any government agency in connection withthe shipment are considered to be documents obta¡ned, prepared and submitted during the exportor import process.
- A port or border is a place (seaport or land border crossìng) where merchandise can enter or
leave an economy.- Relevant government agencies include customs, port author¡t¡es, road police, border guards,
standardization agencies, ministries or departments of agr¡culture or industry, national securityagencies and any other government author¡ties.
Page 81
Trading across Eorders - New York C¡ty
lndicator New York Clty OECD high income Best Regulatory Performance
Cost to export: Border compliance (USD) 175 136.8 0 (19 Economies)
Cost to export: Documentary compliance {USD) 60 33.4 0 {20 Economies)
Cost to import: Border compliance (USD) 175 98.1 0 (28 Economies)
Cost to import: Documentary compliance (USD) 100 23.5 0 (30 Economies)
Timeto
export:Border
compllance
costto
export:Border
compliance
Timeto
export:Documentarycompliance
Costto
export:Documentarycompl¡ance
Timeto
import:Border
compliance
Costto
import:Border
compliance
T¡meto
import:Documentarycompllance
Costto
¡mport:Documentarycompliance
DB 2020 Tradinq Across Borders Score
100
United Kingdom (Rank: 33)
Angeles
ew York C¡ty
ny (Rank:42)
BB,4r (Rank:51)
100: Frênce (Rank: l)
Note: The ranking of economies on the ease of trading across borders is determined by sorting their scores for trading across boÍders. These scores are the simple
average of the scores for the time and cost for documentary compliance and border compljance to export and ¡mport.
o
I
lr-1.j92.O'.
92.O1
91.8:
Page 82
Figur€ - Tràdlng across Bordêrs ln New York Clty - Tlme and Cost
Ets
.......... .100._
200
t50
100
50
oÞ
2
Expo.t
Sord€rCompl¡ance
Export
Documentarycompliance
lmport
EorderCompliance
lmport
DocumentaryCompl¡ance
Page 83
Detalls - Tradlng across Eorders ln New York C¡ty
Character¡stics
Trade partner
Export
Canada
lmport
Mexico
D¡stance (km) 600 3r92
Domest¡c transport cost (USD) 1361 4373
Details - Tradlng ãcros; 8ôrders ln Nêw York Clty - Components of gorder Cotnpllance
Time to complete (hours)
Export: Clearance and ¡nspections required by
agencies other than customs
0.0
Associated Costs (USD)
0.0
lmport: Clearance and ¡nspect¡ons required by
customs author¡t¡es
175.0
lmport: Port or border handling 0.5 0,0
Page 84
Detalls - Tradlng across Borders ln New York Clty - Trade Documents
Export lmport
Commercial lnvoice/ cargo control document NAFTA - Certificatè of origln
Packinq List Packing List
Customs Entry Form 7501
Page 85
Trading across Borders - Los Angeles
lndicator Los Angeles OECD high ¡ncome Best Regulatory Performance
Cost to export: Border compliance (USD) 775 136.8 0 (19 Economies)
Cost to export: Documentary compliance (USD) 60 33.4 0 (20 Economies)
Cost to import: Border compliance (USD) 175 98.1 0 (28 Economies)
Cost to import: Documentary compliance (USD) 23.s100 0 {30 Economies)
Timeto
export:Border
compllance
Costto
exportiBorder
compliance
Timeto
export:Documentarycomplìance
Costto
export:Documentarycompl¡ance
Timeto
import:Border
compliance
Costto
¡mport:Border
compliance
T¡meto
impo rt:Documentarycompliance
Costto
import:Documentarycompliance
DB 2020 Trad¡ng Across Borders Score
100
United K¡ngdom (Rank: 33)
Aðgeles
York C¡ty
(Rankr 42)
88.4: (Rankr 51)
100: France (Rank: 1)
Note: The ranking of economies on the ease of trading across borders is determined by sortlng the¡r scores for trading across borders. These scores are the s¡mple
average of the scores for the t¡me and cost for documentary compl¡ance and border compliance to export and import.
o
Ii 93-r
92.0:
91.8:
Page 86
Flgure - Trôdlng across Borders ln Los Angeles - Time ãnd Cost
* Time (hours) * Cost (USD)
o¡
ÉF
200
150
100
50
9
I7
6
5
4
3
2
1
0
100 .....................
'' ',., 60
Export
EorderCompllance
Ëxport
DocumentaryCompliance
lmport
Bordercompl¡ance
lmport
DocumentaryCompllance
Page 87
Detalls - Trading across Borders ln Los Angeles
Characteristlcs Êxport lmport
Trade partner canada Mexico
Distance (km) 3670 1295
Domestic transport cost (USD) 601 7 1931
Time to Complete (hours)
0.0
Associated Costs (USD)
Export: Clearance and inspect¡ons required by
agencies other than customs
0.0
lmport: Cleârance and inspections requ¡red by
customs author¡ties
1.5 175.0
lmport: Port or border handling 0.5 0.0
Page 88
Details - Trading across Bordêrs ln Los Angeles - TrôdE Documènts
Export lmport
Commercial invoice/ cargo control document NAFTA - Certificate of origin
Packing L¡st Packing List
Customs Entry Form 7501
Page 89
Page 1lB
l\ttachment 7
Ocean Freight and Marine lnsuranceCharges
Marine lnsurance
lnternational Marine lnsurance, basic Coverage
$ 100.00 at 1j0o/o O.87o/o of value$ 0.87 per
Source : http://www. g ruv-products. com/on linerates. htm
e--
Basic Coverage lnsurance Rates -fo¡ DOMESTIG Shipments (within USA & Canada)
Roles ore pef Sl00 volue ol lnsurqnce coveroge
I
For ALL R¡sk Coverage please call 1-800-541-0700 for pricing'
COMMODITY CATEGORY
New or Used Mach
Fine
lnstrume
el Sheets
Jewe I risk
lor INTERNATIONAL Shipments (Outside US & Canada)Rotes ore per 9100 vdluê ol lnsuronce covelqge
Rates -
0.87
2.62
al risk
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THE REMAII{DER OF THISBUSIT{ESS PROPRIETARY
ATTACHMENT IS NOTSUSCEPTIBLE TO SUMMARI ZATTONAND THEREFORE IS NOT PROVIDEI)
\TITH THIS PUBLIC VERSION
Attachment IU.S. lmport Duties
Free (OM) Free (OM) Free (OM) Free (OM) Free (OM) ro%0man2.70% 6.s0% t0%Germany 3% 3% 3%
t0%Bahrain Free (BH) Free (BH) Free (BH) Free (BH) Free (BH)
Free (A) 3% (A*) Free (A) Free (A) Free (A) ß%lndonesia
2.70% 6s0% 10%Taiwan 3% 3% 3%
Free (A) Free (A*) Free (A) Free (A) Free (A) t0%lndia (preJune 5, 2019)
3% 2.7% 6.5% ñ%lndia (June 5,2019 and after) 3% 3%
Turkey (pre-M av L7,2019) Free (A) Free (At) Free (A) Free (A) Free (A) t0%
3% 2.70% 6.50% t0%Turkey (May 17,2019 and after) 3% 3%
2.70% 1.3% (KR) rc%South Korea 3% 3% 0.6% (KR)
Free (A) Free (A*) Free (A) Free (A) Free (A) L0%South Africa
Free (A) Free (A) 10%Brazil Free (A) Free (A*) Free (A)
6.50% t0%Greece 3% 3% 3% 2.70%
3% 3% 3% 2.70% 6.s0% t0%Italy
2,70% 6s0% t0%Spain 3% 3% 3%
Free (A) LOa/oFree (A) Free (A*) Free (A) Free (A)Ecypt
3% 2.70% 6s0% t0%Slovenia 3% 3%
2.70% 6.50% t0%Croatia 3% 3% 3/o
Free (A) Free (A) t0%Serbia Free (A) Free (A*) Free (A)
3% 3% 2.70% 6s0% ta%Romania 3%
Attachment IU.S. lnterest Rates
Series Description
Unit:
Multiplier:Currency:
Unique ldentifier:Time Period
20L9-01,
20t9-o22019-03
2019-04
20L9-05
2019-06
2079-07
2019-08
2019-09
2019-L0
2019-11
2019-L2
Average
Average majority prime rate charged by banks on short-term loans tobusíness, quoted on an investment basis
Percent:_Per_Year
1.
NA
H 15/H 1slRTFSPBLP_N. M
RIFSPBLP N.M
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.25
5.15
4.99
4.75
4.75
s.28
Source: https://www.federalreserve.gov/datadownload/Choose.aspx?rel=HL5
EXHIBIT AD.BH.2
Normal Value
Common Alloy Aluminum Sheet
Home Market Pricing
Ranged Data PUBLIC VERSION
Home Market PricingBahrain
Common Alloy Aluminum SheetFormula
Date
Seller
Product
Alloy
Temper
Gauge
W¡dth
Length
Fabrication (if quoted)
LME (if quoted)
Price
Exchange Rate
Price
Delivery Terms
Freight Rate
Freight Distance
Freight Charge (if applicable)
Cash Discount (if applicable)
Payment Terms*
lnterest Rate - Local Curr.
Credit Expense (if applicable)
Distributor / lmporter Mark-Up
Distributor / lmporter Mark-Up
Net Price
0.00
* Paymentof I
IIIIIIIIIII
IItttIttIII
ø
b
ç = (a+b)
d
e = c * d / '1000
0
f
sh=f*i
¡
j
k
€=(e-¡).j.k/365m
n=e-(e/(1+n))p=e-sum(h,i,t,n)
SourceFMR
FMR
FMR
FMR
FMR
FMR
FMR
FMR
FMR
FMR
FMR
FMR
FMR
Doing Business
Map
FMR
FMR
FMR
LocalCurr/MT
USD / Local Curr
USD / KG
Per kg/km
Km
USD / KG
USD / KG
days
o/o
USD / KG
USD / KG
2.6624
0.000877
o.o709
534%
I
tt
Gommon Alloy Aluminum Sheet
Exchange Rates
Exchange RatesBahrain
Year2019
Rate2.6624 USD/BD
Officíal Exchange Rate:https://wwwl.oanda.com/currency/iso-currency-codes/BHD
1 USD=1 Dinar =
0.3756 Dinar2.66241 USD
Bahraini DinarOverview
Since 1965, the official currency for Bahrain has been the Bahraini Dinar (BHD). The symbol for the D¡nar is BD; the Arabic symbol is .r. The Bahrain Dinar ¡s pegged tothe US Dollar at a rate of 0.376 Dinar = 1 USD.
Economyr The Bahrain economy is rated as the 1Oth freest economy in the world.. Top industries are aluminum smelting, petroleum refining and processing, offshore banking coupled with lslamic banking, tourism, iron pelletization, ship
repair, and fertilizers.r Export products are petroleum, textiles, and aluminum.¡ Petroleum.accounts for 60% ofexport products.r lmport products are chemicals, mach¡nery, and crude oil.o Unemployment rate is estimated at plus or minus 3.8%; however, it is growing rapidly due to the depletion of oil resources.o There is almost no agr¡culture activity in Bahrain; it accounts for only 0.3% of the total GDP.r Bahrain has a free trade agreement with the United States of America.o The country is working on diversifying its products and has a 15-year plan in place. Currently Bahrain is rated to be the fastest-grow¡ng economy of the
Arab countries.
Historyr ln 1965, the Bahrain Dinar replaced the Gulf Rupee.r ln 1980, the dinar was pegged to IMF'S spec¡al drawing rights. The fixed US Dollar rate is 0.376 dinar = 1 USD.r ln 1979, new paper notes were introduced.r ln 2006, the Bahrain Agency became the Central Bank of Bahra¡n.o ln 2008, the Central Bank of Bahrain launched a new group of notes that reflected the old and new development of Bahrain.o Bahrain also accepts Saudi Riyal, except for the 500 riyal.
Symbols and NamesSymbols: .-.r (Arabic), BD (Latin)Nicknames: noneISO 4217 CodeBHDCentral BankCentral Bank of BahrainCurrency SubunitsFils = 1/100 of a DinarDenominationsBills: BD %, BD 1 , BD 5, BD 10, BD 20Coins: 5, 10, 25, 50, 100 fils. BD %Countries Using This CurrencyBahrainCurrencies Pegged To BHD :
NoneBHD ls Pegged To:United States Dollar = BD 0.376
Gommon Alloy Aluminum Sheet
Home Market lnterest Rates
Bahrain Average Lending Rate: Retail Banks: BusinessQuarterly I % pa I Central Bank of Bahrain
Quarter Month of POI Rate
Source: https://www.ceicdata.com/en/bahrain/lending-rate/average-lending-rate-retail-banks-business
2019 - Q'1
Jan-1 9 6.50Feb-1 9 6.50Mar-19 6.50
2019 - Q2Apr-19 5.20May-19 5.20Jun-1 9 5.20
2019 - Q3Jul-19 5.14
Auq-19 5.14Sep-1 9 5.14
2019 - Q4Oct-19 4.52Nov-19 4.52Dec-19 4.52
POlAveraqe 5.34
2t2112020
Bahrain's Average Lending Rate: Retail Banks: Businêss data was reported at4,520 % pa in Sep 2019. This
records a decrease from the previous number of 5.140 o/op.afor Jun 2019. Bahrain's Average Lendlng Rate:
Retail Banks: Business data is updated quarterly, averaging 6.060 % pa from Mar 1997 to Sep 2019, with 91
oþservations. The data reached an all-time high of 9.400 7o pa in Sep 2000 and a record low of 4.230 7o pa in
Sep2012. Bahrain's Average Lending Rate: Retail Banks: Business dala remains active status in CEIC and is
reported by Central Bank of Bahrain. ,The data is categorized under Global Database's Bahrain - Table
BH.M003: Lending Rate. Business Average Lending Rate includes overdraft approvals.
What was Bahrain's Aúera'ge Lending Rate: Retall Banks: Business ln Sep 2019?
Bahrain lAverage Lending Rate: Retail Banks: Business I Economic lndicators
Countrieslndicatr:rrsFrocluctsOur in$ighttìÂbout I
Home > Countries/Regions > Bahraln > Lending Rate > Bahrain Averago Lending Rate: Retail Banks: Business
Bahra¡n Average Lending Rate: Retail Banks: Business1997 - 2019 | Quarterly I % pa I Central Bank of Bahraln
I tnt*rest snd Fürrr¡gn Ëxchðngô
Rân0e
Mar 1997 - Ssp 20í9Updated on 2s Oct 2019
Try nr:w cüMNext
Crodlt Cârds lntereât Rato
Depotlt Ralq
govornmont Dovolopment Ëônd Ylol
lntôrbank Rato
lntorest Rateg
Londlno Rato
L6ndlng, Savlng and Oþporlt Rat08:
llonoy Uarket 8nd polioy Råtori An!
Pollcy Rate: Oeposlt: Ono Wosk
Soeur¡tlo3 Yleld Rate
Ttsasory Bill snd Covornmont 80cül
Annuål
Trôasury B¡lló Ylêld
Lå$I
V 4.520
Sep 2019
MAX
Provi{}u$
v 5.140
Jun 2019'
Min It4sx
9:400
sep 2OO0
Unit
%Pa
Frequ6ncy
Quarterly
View Bahraln's.Aùerage Lending Rate3 Retall Èanksr Buslness from Mar 1997 to Sep 201.9 in the
chart:
4.230
S€p 2012
COLUMN '5Y
6.75
6.56.500
6.
4.75 :--:".
4.5 . , ,.-Oct ll 8
Related lndicators for Bahrain
r Rolated iñdiçator$
Avèrage Lending Rate: Retail
Banks: Annual: Bus¡ness (% ps)
yaady 1gg7 - 20'17
Jän 'ì 9 Apr'.lg
lÅverage Lending nÂte: [êt¿ll lônk$: Burlnlf¡
Jul 'l I4.520.#.......
ôct'19
SOUñCI: WÍffr',CElCoÂTA.cOM I Centål 8À¡k of8¡hr¡lr
Range
1997 - 2017
Updated on 2018-04-10
l.5,200 .. . 5.t40
FrrìquencyProvioug
¡ e.400
201tsYearly
'ÍtY Norv
https:/iwww.ceicdata.com/en/bahrain/lending-rate/average-lending-rate+etail-banks-business
ËxÞ!or$ oirr Dãla
1t7
212112020
ìilðlaied ;ndicål0rs
Average Lending Rato: RetailBanks: Annuäl: Personal f/" pa)
yøaily lsgf - 2017
Average Lending, Rate: RetailBanks: Business: Construct¡on
and Real Estate (70 pa) qu€rt€rly
Jun 1998 - Sop 20lg
Average Lending Rate: Reta¡l
Banks: Businoss: Manufacturing(% pa) quârle.ly Jun 1998 - SeP 2019
Averagê Lsnd¡ng Rate: RetailBanks: Business: Others ("¿ pa)
qu6rl€rly Jun 1998 - Sep 2Ol9
Average Lending Rate: RetaiiBanks: Bus¡ness: Tfade ("/op€)
quartêrly Jun 19S8 - Sep 2019
Average Lond¡ng ilatô: RetailBanks: Personal (% pa) quarterly
Jun 1998 - SoP.20l9
Average Lend¡ng Rate: Retail'Banks: Perbonal: Credit Cards
(vo pa) quartorly Jun 1998. Ssp-201S
Average Lend¡ng Rate: RetailBánks: Porsonal: SecUr€d:
Vehlcle Title (Yo p") quãrte¡y
Jun 19s8 - Ssp 20'19
Average Lending Ratê:'RetailBanks: Personal: $ecured: by
Deposits (% pa) quÊ¡ter¡y
iun 1998. sep 2019
Averãge Lehding Rate: RetailBanks: Persona[: Sêcured: by
Mortgages (% pa) qi¡6rtorly
Jun l998 - Sop 2019
Average Lend¡ng Ratê: RetailBankô.' Personal: Unsecured:
Others (% pa) quarlorly
Jun 19s8 - sep 2Ql9
Average Londing Rate: RetailBanks: Personal: Unsecured: .
Salary Ass¡gnment (y" pa) quarterly
Jun 19SB - Sop 2019
(PPP lntl $) yoarly I 980 - 2024
Forecast: Nominâl GDP PerCapita (uso) yearly 1g8o - 2024
Forecast: Real GDP Growth (%)
yeady 19a0-2024 .
GDP Deflator Growth (v") quarterly
Mâr 20lO - Sep 2019
Bahrain lAverage Lending Rate: Retail Banks: Business I Economic lndicators
Previous Fre qilencY Ranr¡t:
v 4.S30
v 4.980Quarterly
Jun 20'19
More lndicators for Bahrain
National Accôunt$ ' l.åst Previous l-reçilency
Forecast: GDP PPP Per Caplta A 57,745.859 56,073.552 yearly
v 6,280
sep 201 I
V s.560
Sop 2019
v 6,510
Ssp 201 I
V 6.030
Sep 2019
V 4.980
Ssp 2019
f z1,o4o
ssp àotg
a 6,490
sop:2otg
v 3.980
sep 20i9
Y 5.100
Sop 2019
20.1 90
S€p 201s
, V 4.eoo
Sep 2019
2024
L 27,815,127
zpzc
. A 2.969
v
Yearly
Quarterly
Quarterly
Quarterly
Quarterly
Quarterly
Quartorly
Quarterly
Quarterly
Quarterly
Quârterly
Yearly
Yearly
Quarterly
1997 - 20'17
Updatod on 2018-04-102018
a 6.880
Juñ 201 g
Y 3.680
Jun 2019
a 6.760
Jun 201s
v 6.490
Jun 2019
v 5.070
Jun 2019
a 21.050
Jun 2019
¡ 6.350
Jun 2019
V 4.s10
Jun 2019
l 5.830
Jun 2019
Á 20.r90Jun 201 I
.2023
L 27,O74,869
2023
L 2.789
2023
a 1,0
¡un io ls
Jun 1998 - Sep 2019
Updated on 201s-'10"29
Jun 1998 - Sep 2019
Updalod on 2019-10-29
Jun 1998 - Sep 2019
Updat6d on 2019-10i29
Jun 1998 - Sep 2019
Updalod on 2019-10-29
Jun 1998 - Sep 2019
Updatêd on 2019-10-29
Jun 1998 - Sep 2019
Updatod on 20'19-10-29
Jun 1998 - Sep 2019
updalod on 2019-10-29
Jun 1998 - Sep 2019
Updalod on 20'19-10-29
Jun 1998 - Sep 2019
Updâted on 2019-10-29
Jun 1998 - Sep 2019
Updatod on 2019-10-29
Jun 1998 - Sep 2019
updated on 20'19-10-29
Ëtonge
1980 - 2024
Updat€d on 2015-11-o4
1980 - 2024
Updatsd on 2019-11-04
'1980 - 2024
Updated on 2019-11-04
Mar 2010 - Sop 201 9
Updated on 2020-0'l-08
'1981 - 2018
Updat€d on 2019-08-18
1975 - 2017
GDP per Capita (uso) yeârly . .L 26,198.942 . ^
23,604.222 yeartyl9B1 .2018 2018 2017
Gross Fixed Capital Formation ^
lo,ogB.158 A 8,305.055 yeartv
' ..'lrY
Nnw
https:i/www.ceicdata.com/en/bahrain/lending-rate/averageJending-rate-retail'banks-business
L.xplo¡$ Öur Datt¡
217
2t21t2020
Nûtion¡il Acú()unis
Gross National Product (usD mn)
yeârly 1980 " 2017
Gross Savings Rate (%) y€arly
1989 - 2017
lnvostmont: % of GDP (%) yoarly
1975 - 2017
Nominal GDP (USD mn) quârtêrly
Mar 2od7 - Sep 2019
Nominal GDP Growth 1"2"¡ quarterty' Mai2008 - Ssp.2019
Private Consumpt¡on Expen-diture (usÐ mn) yeaity lgts , zott
Privâte Consumption: % oirGDP(o/o, yoarly 1975 - 2017
Public Consumption Expenditure(USD.mn) yoarly 1975 - 2017
Public Çonsumption: %. of GDP
. lVù yoarly 1975 - 2017
Real GDP Growth ("¡4.quarte¡y
Mar 2009 - sop 2019
Prctìuctio¡ r
Minerals Production (Meklc Ton)
yoady 2009 ' 2017
Govornri$ilt ûnd Publio Fifi¿ì
Consolidated Fiscal Balance: o/o
. of GDP (%) yoarly 1998 - 2014
Forecast: Government ExPen-
diture (BHD bn) y""ity tgso - zoz¿
Forecast: Govèrnmsnt Net Dgbt
. (ónotn) yuaìty tsso-eozi
Forecast: Government Rgvenue(BHD bn) yoårly 1990 -.2024
ôovernment Debt: % of GDP (øl
yearly '1999 - 2018
National Government Debt(USD mn) monthly Mêr 200,| - Nov 2019
Tax Revenue (usD mn) yearly
1990-2017
Donoç¡raplilc ând Laþûur M. .
Employed Pefsons (Per6qn)
quartorly Mar 2oO2 - Jun 2019
Forecast: Populâtion (Persori mn)
yêê¡ly 1980 - 2024
Forecast: Unemployment Rate(%) yesly 2007.2024
Labour Force Part¡ciPation Ratê
(%) ye6rly 1990 - 2019
Last Previous
? .t5,498,286.000 a 15,677,250.000
2017 2016
Lårst Pr0vious
V -5.5
2013
a 4.668
2023
a 19.ô64
.2023
¡ 3.320
2023
^ 79.5
20't7
32,028.7Oct 20 lS
¡ 631.830
2016
32,Q28.7
Nov 2019
^ 761.088
2017
Bahrain lAverage Lending Rate: Retail Banks: Business I Economic lndicators
Li:¡si Pr¡lvirlus; FjroqLttincy Rang*
,t 33ì310.758 I 30,472.383 yearty 1980'2017
2017 2016 ' Updated on 2019-03-29
1989 - 2017L 30'2 A 26 6 yearly updated on 2019.03-292017 2016
^ o2.g
^ 29.8 yearty 1975'2017
2017 . 2o.tô ' Updãtêd on 2019'04-08
v 9,560.6 a 9,6S7.0 Quarterly Mat 2OO7'Sep 2019
Ssp 2019 Jun 20'19 Updalod on 2020'01-08
V 0.570 V I .30S Mar 2008 ' SeP 201 Isop 2ol9 Jun 2019
Quarterly updated on 2o2o-o1'08
l 14,883.904 ¡ 14,490.852 yearty 1975'2017
2O1t 2Ot6 ' UPdÊtod on 2019'03'29
v.42.0 Y 44.s Yearty ,n* -:0.:r^. ^^2Oj7 20.t6 Updated on 2019'04'08
^ s,B's.a4o v 5,4s5.106 yearry
"r."1Lri;iiJ.rrr-r,2017 20',16
1 576 - 2017V 16.6 V 17.0 yoarty
. 2017 -20t6 pdatod on 2019'04'08
r' ^
1.6 v o.s euarterry Mar 200e -":l:01-nseþ 2ofg Jun 2019 Updatod on 2020-01'08
A "6.0
2i14
L 4.713
zoàt
^ 21.177
. 2024
V o.z0o
2024
¿ 80.4
2018
Last
Y 74g,o47.ooo
Jun 20'19
a 1.668
Å 73.3
zotp
Previot.ts
Y 752,911.000
Mar 2019
^ r.635
2023
Y 3.822
2023
^ 72.8
20'18
Freqücncy
Yearly
Frôqueñcy
Yearly
Yea¡ly
Ysarly
Yearly
Yeårly
Monthly
Yearly
Ërequêncy
Quartorly
Yearly
Yearly
Yearly
Itån$ê
2009 - 2017
Updâted on 2019-04-29
Range
1998 - 2014
Updatêd on 20'19-12-02
1590 - 2024
UpdBtsd on 2019-11-04
lSgO - 2024
Updatod on 2019-11:04
1990 - 2024
Updated on 2019.11.04
1998 - 2018
Updatod on 2019-09-27
Mar 2001 - Nov 2b19
Updat€d on 2020-01-20
1990 - 2017
Updated on 2019-03-29
Rango
Mar 2Oo2 - Jun 2019
Updatod on 2019-09-15
1980 - 2024
LJpdãtêd on 2019-11-04
2007 - 2024
Updated on 2019-11-04
1990 - 2019
Updatod on 2019-10-28
"f ry fJow
https://www.ceicdata.com/en/bahrain/lending-rate/averageJending-rate-retailbanks-business
i;xpiore our Dala
317
2t21t2020
Demoçlra¡rhic ând Lírbi>ur M..,
.Labour Productivity Growth (%)
quârtorly Ma. 2009 - Jun 201 I
Populat¡on liorson mn) yearly
1950.2018
Unemployment Râte (%) yearty
1991 - 2016
D{)rn{.'sìl¡ü'fradr¿ ¡itid i ioirs¿th...
Motor Vehicle Sales: Commercial
Cars (un¡t) sêm¡ânnually' Dêc 2005 - D6c 201B
Motor Vehicle Sales: PassengerCars (unil) sêmiannuâlly
Oec 2005 - Dec 2018
lnflåtión
CPI: Food and Non AlcoholicBeverage Change ("/").monthly
Jân 2010 - D€c 2019
Consumer P¡ice lndex CPI
GIowth ("/") monthly
Aus 2ooti - Dêc 2019
Forecast: Consumer Price IndexGrowth (%) yêâily 19ao -202A
Exports: Modicamont (usD th)
. yoarly 1995 - 2018
Exports: Medicinal and.Pharm-aceutical Product 1úso tn¡ yeaity
1995 - 2018
Forecast: Exporis of Goods
Growth (%) yeaily ßsa-2024
lmports: Med¡cament (usD th)
yearly 'i9s5 - 2018
lmports: Modicinal and Pharm-aceut¡cal Product (usD th) yoárly
1995 - 20'18
Total Exports (usD mn) yoarly
1966 - 20lB
V 31,855.000 V 32,439.000
Dea 2018 Oec2017
Semlannually
semlãnnually
? 36,037
2017Yearly
f -22.2Yoarly
2017
Provious Froquonüy
v 2.548
Nov 20 19Monthly
V 1.7Monthly
Nov 2019
v 2.100
2023Yoarly
Rârìg$
Mar 2009 - Jun 2019
Updat€d on 2020-01-08
1960 - 2018
Updated on 2019-08-28
1991 - 2016
Updatod on 2019-03-29
lTango
Dec 2005 - Dec 2018
Updatod on 2019-08-'t3
Doc 2005 - Dec 2018
Updat€d on 2019-08-13
2005 - 2018
Updaled on 20 19-09-27
Bahrain lAverage Lending Rate: Retail Banks: Business I Economic lndicators
Motor Vehicles Sales (unit) yearty
2005 - 2018
v 35,962
2018
Motor Vehicles Salês Growth (%) L -0.?
r 2018yoarly 2006 - 2018
1."¿ìst
v 1.92
Jun 2019
11,52018
a 4.30
2016
Lost
a 4,107.000qêc 2018
Lasl
a 2.005
Oàc 201 I
I 1.2
Oec 20l 9
L 2.200
2Q24
Previr:r.rs
V 4.BO
Mar 2019
^ 1.5
2017
v 3.50
2015
Proviot.¡si
V g,59o.ooo
Oea2017
prevlous
a 2,647,554.809
2017
L 2.187
2023
L'128¡Q28.432
2017
a 37,064.470
2017
Fruqir*ncy
Quarterly
Yearly
Yearly
Frequenoy
Frequericy
Yearly
Ysarly
Yearly
Yearly
Yearly
Yearly
Yearly
2006 - 2018
Updatod on 2019-0s-27
199ô - 2024
Updât6d on 20'19-11"04
lIåilge
Jan 2010 - Doc 2019
Updatod on 2020-01'23
Aug 2008 - Dec 2019
Updated on 2020-01-23
1980 - 2024
Updatod on 2019-11-04
Rân$e
1995 - 2018
Updated on 2019-11-05
1995 - 2018
Upd6ted on 2019-10.25
1996 - 2018
Updated on 2019-10-25
fior*iç1n Trade Lasl
Alum¡num: Export$ (usD rh) yearly L 2,gg5,603.2071995 - 201 I 2018
^ 1,108.065
zolg : .
'¡ 940,640
. 2018'
A 2.2782024
L 1ø0,640.227
20't8
t 451725.734
. 2018
a 18,258.2 a 15,376.1
2018 2017
'ts95 - 2018
Updatsd on 2019-10-25
1995 - 2018
Updatsd on 2019-10-25
1966 - 2018
Updatod on 2019-03-29
1967 - 2018
Updated on 2o'i9-03-29
1966 - 2018
Updâtêd on 2019-03-29
1967 - 2018
Updaled on 2019-03-29
Total Exports Growth (%) yearly V 18.7 4 20.3
2017Yearly
1967.2018 2018
Total lmports (UsD mn) year¡y lI 19,110.1 ^
16,076.f yearly196ô - 20'18 Z01B 2017
Total lmports Growth ("/") yeorly ^
1S.9 .
^ 1S.3 yearty
1967 - 2018 2018 2017
llY Nor{
https://www.ceicdata.com/en/bahrain/lending-rate/average-lending+ate+etail-banks'business
Ëx¡rlore our Data
417
2t21t2020
lSalancs of Payrnolrts
Cuffent Account Balance(USo mn) yearly 1975 - 2018
Current Account Balance: % ofGDP (v") yea¿y 1ss7 - 2014
Direct lnvestment Abroad(Uso mn) yearly 1982.2018
Forêcast: Curreni AccountBalanc6 (usD bn) yosrly '1980 - 2024
Foreign Diroct lnvebtment(USD mn) yearly 2012 - 2018
Foroign Direct lnvestment: % ófGDP (%) yeørty àotz-zo'rø
Fore¡gn Portfolio lnvestmont(USo mn) yoârly 2012 - 2018
Mon€taïy
Domðst¡c Crodit (usÐ mn) nonthltS6p 199f - Nov 2019
Domostic Crod¡t Growth ("/o)
monlhly Sep '1992 - Nov 2019
For€ign Exchangê Reserves(USD mn) monthly Oct tsô6 - Apr 2019
Fo.reign Exchânþo Reeerves: o/o
of GDP (%) quaíôrli
Dèc 2007 " Ma¡ 2019
Foreign Exchange Rssêries:Months of lmpórt (¡.tl) yeaity
1966 " 2010
Goid Reserves (usD mn) monthly
Jan '1s66 - Apr 20'19
Money Sripply M1 (iJdD mnl monthty
Dec J974 - Ndv 2019
Money Supply M2 (uso m¡) mdnthly
Dec 1q74 - Nov 2ojg
Reserye RÞquirernenl Ratio 1"u"¡
monthly Jan ,OOg . Jan 2o2o .
Total Deposits (uSD mn) monthly
JÊn 2001 . Nov 2019
Banking Statistics
Capital Adequaòy Rêtio (%)
quaderly Sop 2009 - Jun 2019
lnterô$l ênd Foreign Ëxöhan...
Exchange Rate against USD
(BHD/USD) monthly Jan 'l966 - Ja¡ 2020
Long Term lnterest Ràte (% pri)
monthly Ma.t 20'10 - Ja; 2O2O
Policy Rate (% pa) monthly
Jan 2oo7: Jàn 2O2O
.Roal Effect¡ve Exchange Raie12005=1001 monthlv Jan '1980 - Jan 2020.
Last
Y -2,219.9
201 I
v 3.3
2014
a r1.220 18
V -1.s12
2024
Å 1,515.2
20f8
v 4.0
201 S
V 672.340
2018
Last.
'V 40,115.0
Nov.20t9
':'V 7.8
Nov 2O19
a 2,442.s
Apr ¿org
^ 7.744
[ìar 2019
Y 1.2
^ 9;370.056
Nol 2019
a 31,855.903
' Not2019
'.5:0Js¡ 2020
a 46,501.786
Nov 2019
l.åst
a 19.0
Ju¡ 2019
2:25
Ja .2O2O
Y 101.7
v -1,599.7
2017
A 7.8
20'13
L 229.0
2017
Y -1.788
2023
a't,426.120't7
a 4.0
2017
v 2,572.606
2017
Previoi¡r¡
a 40,130.7
Oct 201s
V 7.s
Ocl 2019
l 2,941.2
Mar 20 19
Ä 4.938
Doc 2018
V 1.7
2017
6.649
Mar 2019
^ 9,093.254
Oct 201 I
L s1,149.227
Ocl 2019
5.0
Dec 20'tg
L 47,244.344
Oct 2019
Prev¡0iJ$
Y ig.9Dec 2018
P¡êvic¡us
0.376Dec 2019
5.50
Ooc 2019
2.25
oec àors
f 102.1
Yearly
Yearly
Yearly
Yoarly
Yearly
Yearly
Yearly
Frot¡uonoy
Monthly
Monthly
Monthly
Quarterly
Yeafy
N4onthly
Monthly
Monthly
Monthly
Monthly
[rro<¡uency
Quarterly
Fre t¡ur:ncy
Monthly
Monthly
1997 - 2014
Updâted on 2018-09-05
1942 - 2018
updated on 2019-12-10
Bahrain lAverage Lending Rate: Retail Banks: Business I Economic lndicators
Frêv¡ôi¡$ Ëreqlrorlcy lTíltlge
1975 - 2018
Updatsd on 2019-11-22
2012 - 2018
Updaled on 2019-03-29
2012 - 2018
updated on aOts-06-to
2012 - 2018
Updatod on 2019-03-29
Rango
Ssp 1991 - Nov 2019
Updated an 2020-01-20
Sep 1992 - Nov 2019
Updalod on 2020.01-20
Oct 1965 - Apr 2019
Updatod on 2020-01-28
1980 - 2024
Updated on 2019-11-04
Dec 2007 - Mar 2019
Updated on 2020-01-08
1s66.2018UÞdat€d on 2019-03-29
Jan 1966 - Apr 2019
Updat€d on 20 19-07"01
Dec 1974 - Nov 2019
Updatêd on 2O2O-01-20
Dec 1974 - Nov 201 9
Updated on 2020'01-20
Jan 2008 - Jan 202Q
Updated on 2020-02-04
Jan 2001 - Nov 2019
Updâted on 2020-01.20
Range
Sep 2009 - Jun 2019
Updated on 2o1g-11-io
llançe
Jan 1966 - Jan 2020
Updated on 2020-01-30
Mar 2010 - Jan 2020
Updated on 2020-02-04
Jan 2007 - Jan 2020
Updated on 2020-01-30
Jan '1980 - Jan 2020
uÞdated on 2020-02-18
Monthly
Monthly
'lly Nçrw
https://www.ceicdata.com/en/bahrain/lending-rate/average-lending-rate-retail-banks-business
Fxploro c¡ur Þata
517
212112020
. lntere$t ând F0relgn l!xchan...
Short Term lnterest Rate (% pa)
quarlerly Jun 2003 - Sep 2019
ËnertJy
Crude Oil: lmports (Barrol/Dãy th)
yearly 1980 - 20'1 8
Crude Oil: Production '
(Barrôl/Dgy th) yearli '1060 - 2018
Electricity Production (cwh)
quârtôrly Mar 2003. Doc 2016
-fourism
Tourism Rêvenue (usD mn) yearly
1995 :2017
Tourism Revenu.e Growth (%)
year¡y '1996 - 2017
Visitor Arr¡valS (P€ison) yôar¡y
. 't995 - 2017
Visitor Arrivals Growth (%) yearty
1S96 - 2017
fiinancial Mârl(0t
Equity Market lndex(OlJul2O04¡1000) monthly
:Jan 2ooi - Jon 2o2o
Market Capital¡zàtion: o/o of GDP(ô/o) yoarly 2002 - 2918
P/E ratio (NA) monthly
Jan 2oo4 - Jan 2O2o
Transþod and l"olocoñì¡nunic...
Coritain€r Port Throughput (TEU)
yoarly 2008 - 2018 '
Êxports: ICT Goods (usD th) yoarty
2000 - 2018
Exports: Telecommunication:Eqúipmênt (usD th) yoa¡ty
1995 - 2018
Imports: Television (usD th). ysarty
f995 - 20't8
Motor Veh.icle R€gistered (untt th)
yoarly 2005 - 2015 .
Numb6r of Subscriber Fixed Lino(Un¡t) Ysarly 1965 - 2018
Bahrain lAverage Lending Rate: Retail Banks: Business I Economic lndicators
L-äst Prtlviot.rs Fret¡uency Rängê
A 2:.21 Y 2.53 Jun 2003 - sep 2019Quarterlv
seò zots Jun 2019 ' updâtsd on 2019'10'29
Exports: Television (uso th) y€arly A 5,834.57319S5 - 2018 2018
lmports: lcT Goods (usD th) ys.arry Y 708,f72.8;222000 - 20f6 201ø
lmportE: Telecommu nicationEquipment (usD th) yearty
.'1995 - 2018
a 33,r47.703 a 32,281.244
2017201 I
f 3,223.347
2017
V z53,B4g.go5
2015
A 302,765.160 L 276,620,249
201 I 2017
l.âst
a 220.167
2018
V 193.209
201 I
V 3,6s5
Dêc 201 6
Lasl
Y s,036
.2017.
, V -4.6'..
2017
a 11,370,000
2017
Å 11.9
2017
Last
l f,657.6Jàn 2O2O
v 57.6
2018
a 11.600
)øn 2O2O
Laol;
a 432,2ôo.ooo' 2018
Y 228,s86.285.201ô
^ 43,280.644
201A
A s78.471 .
2015
Previou$
^ 222.917
2017
Y 194.969
2017
l 6,r32Sêp 2016
Previorrs
L 4,021
2016
^ 69.5
2016
^ 10,158,000
2016
^ 5.0
2014
Prsvior.¡s
å 1,610.2
Dec 2019
a 01.1
.2017
^ 11.270
ooc 2019
Prsvious
a 400ì300.0002017
L 657,378.2232015
Å 40,419.587
2017
l 552.553' '2014
Ërô(luency
Yearly
Yeãrly
Quarterly
Frequorrcy
Yearly
. Yearly
Yearly
Yearly
Freqrlr:ncy
Monthly
'Yearly
Monthly
Rangt:
1980 - 2018
Updat6d on 2019-06-04
1960 - 2018
Updated on 2019-06.04
Mar 2003 - Ðoc 2016
Updatôd on 2019-,l0-01
lìange
1gs5 - 2017
Updsted o¡ 2019.03-29
1996 - 2017
Updatsd on 2019-03-29
1995 - 2017
Updatod on 2019-03-29
1996 - 2017
Updsted on 2019-03-29
Range
Jan 2003 - Jan 2020
Updgted qn 2020-02-02
2002 - 2018
Updat€d on 2019-06-'18
Jan 2004 - Jan 2020updated on 2020-02-02
Ran6e
2008 - 2018
Úpdatod on 2019-10-31
2000 - 2016
Updat€d on 20'18-04-25
Fr0q[¡0n$y
Yearly
Yearly
Yearly
Yearly
Y€arly
Y€arly
Yearly
Yearly
Yeafy
1996 - 2018
Updated on 2019-11-05
1965 - 2018
Updated on 2019-09-20
1996 - 2018
Updat€d on 2019.11-05
2000 - 201ô
Updated on 2018-04-25
1995 - 2018
Updated on 2019-11-05
1995 - 2018
2005 - 2015
Updat€d on 2018-10-'10
v 288,288.000 a 299,815.000
2019 2017
-fry Now
https://www.ceicdata.com/en/bahrain/lending-rate/average-lending+ate+etail-banks-business
lix¡rlore our Data
6t7
212112020
'Irünsport ánd Tolècomntunic...
Number of Subscr¡be¡ Mobile(Porson) yearly 1960, 2017
Teledensity: Fixed Line (uumoer)
yêarly 1985 - 2018
Teledensity: Mobile (Numbôr) yearty
ie6o - ioìi
Bahrain l.Average Lending Rate: Retail Banks: Business I Econom¡c lndicators
Lâ$t Prevlous Froquency Rango
V 2,s64,477.000
2017
v 18.369
201 I
. Y rbs.4rs2017
a 2,994,865.000
. 2018
a 20,067
2017
L 210.141
2018
1960 - 2017
Updatôd on 2018.09-19Y€arly
Yèarly.
Yearly
1965 - 2018
Updat€d on 20'l9-09-20
19ô0 - 2017
Updãl€d on 2018-09-19
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7t7
EXHIBIT AD.BH.3
lVlargins of Dumping
ProducerProduct
NormalValue Per Kg
Conversion Factor
Circumstance of Sale Adj. (if applicable) USD / lb, t
Ranged Data
Price to PriceMargins of Dumping
GARMCO
0.454
PUBLIC VERSION
Formula Source
Exh.2
Exh. I
Exh.2
I
I
I
t a
b
c
dDifmer (if applicàbfe)
NormalValue
Export Price ,
Marginl
Margin %
usD / rb. t
usD / rb. t
usD / rb. t
usD / rb, I
I
I
I
I
I
e=(â*b)+ç+d
,îo.eo42
56.98%
f
9=f-e
¡=g/f
Exh.1