II. II...1 Net price calculation Att.2 Supporting documents for net price Art.3 Harbor maintenance and merchandise processing fee Att.4 HM movement charges Aft. 5 Transportation distances

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

..2

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&reg: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


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 lntêmâÎ¡onê¡ 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¡-**¡


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


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


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


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


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


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


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


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


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


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


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


Mar 2001 - Nov 2b19

Updat€d on 2020-01-20

1990 - 2017


Rango

Mar 2Oo2 - Jun 2019


1980 - 2024

LJpdãtêd on 2019-11-04

2007 - 2024


1990 - 2019


"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


1991 - 2016


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


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


1980 - 2024


Rân$e

1995 - 2018


1995 - 2018

Upd6ted on 2019-10.25

1996 - 2018


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


1995 - 2018


1966 - 2018


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


1942 - 2018

updated on 2019-12-10


Frêv¡ôi¡$ Ëreqlrorlcy lTíltlge

1975 - 2018


2012 - 2018

Updaled on 2019-03-29

2012 - 2018

updated on aOts-06-to

2012 - 2018


Rango

Ssp 1991 - Nov 2019

Updated an 2020-01-20

Sep 1992 - Nov 2019

Updalod on 2020.01-20

Oct 1965 - Apr 2019


1980 - 2024


Dec 2007 - Mar 2019


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


Jan 2001 - Nov 2019

Updâted on 2020-01.20

Range

Sep 2009 - Jun 2019

Updated on 2o1g-11-io

llançe

Jan 1966 - Jan 2020


Mar 2010 - Jan 2020


Jan 2007 - Jan 2020


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


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


1995 - 2017


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


1965 - 2018


1996 - 2018

Updat€d on 2019.11-05

2000 - 201ô


1995 - 2018


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

Downloads Contact us Terms and Conditions Privacy Policy Cookies

Try ¡¡r,,

https://www.ceicdata.com/en/bahrain/lending.rate/average-lending+ate-retail-banks-business

[:xplore our Data

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