Angola (AGO) and Bahamas (BHS) Trade

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Angola-Bahamas: In 2018, Angola exported $155k to Bahamas. The main products that Angola exported to Bahamas are Frozen Bovine Meat ($21.8k), Pig Meat ($15.6k), and Concentrated Milk ($8.55k). During the last 4 years the exports of Angola to Bahamas have decreased at an annualized rate of 76.7%, from $53M in 2014 to $155k in 2018.

In 2018, Angola did not exported services to Bahamas.

Bahamas-Angola: In 2018, Bahamas exported $59.3M to Angola . The main products that Bahamas exported to Angola were Refined Petroleum ($59M), Delivery Trucks ($190k), and Silk Waste ($35.7k). During the last 4 years the exports of Angola to Bahamas have decreased at an annualized rate of 76.7%, from $53M in 2014 to $155k in 2018.

In 2018, Bahamas did not exported services to Angola.

Comparison: In 2018, Angola ranked 120 in the Economic Complexity Index (ECI -1.2), and 57 in total exports ($40.9B). That same year, Bahamas ranked 147 in total exports ($1.17B), and does not have data regarding Economic Complexity Index.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, Angola exported $155k to Bahamas. The main products exported from Angola to Bahamas were Frozen Bovine Meat ($21.8k), Pig Meat ($15.6k), and Concentrated Milk ($8.55k). During the last 4 years the exports of Angola to Bahamas have decreased at an annualized rate of 76.7%, from $53M in 2014 to $155k in 2018.

In 2018, Bahamas exported $59.3M to Angola. The main products exported from Bahamas to Angola were Refined Petroleum ($59M), Delivery Trucks ($190k), and Silk Waste ($35.7k). During the last 10 years the exports of Bahamas to Angola have increased at an annualized rate of 361%, from $131k in 2008 to $59.3M in 2018.

Latest Data

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Date

Market Competitiveness

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Measure

SectionYear

Angola
Top Destination: China, $22.5B

Bahamas
Top Destination: Poland, $349M

This map shows whether countries import more from Angola or Bahamas. Each country is colored based on the difference in imports they receive from Angola and Bahamas or the difference in the growth in imports.

In 2018, countries that imported more from Angola than Bahamas were China ($22.5B), India ($3.87B), and United Arab Emirates ($2.19B).

In 2018, countries that imported more from Bahamas than Angola were Poland ($349M), Ireland ($70.3M), and Barbados ($29.8M).

Comparative Advantage Angola - Bahamas

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Depth

Year

This chart compares trade between Angola and Bahamas by product, considering products traded by both, Angola and Bahamas.

During 2018, Angola had a large net trade with Bahamas in the exports of Animal Products ($68.8k), Vegetable Products ($46.7k), and Foodstuffs ($37k).

During 2018, Bahamas had a large net trade with Angola in the exports of Mineral Products ($59M), Transportation ($190k), and Textiles ($35.7k).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between Angola and Bahamas (using the HS6 product classification and the last year reported).

In 2018, the products from Angola that paid the highest import tariffs to enter Bahamas were Mineral and aerated waters not sweetened or flavoured (70%) and Ice, snow and potable water not sweetened or flavoure (70%).

In 2018, the products from Bahamas that paid the highest import tariffs to enter Angola were Mineral and aerated waters not sweetened or flavoured (100%) and Ice, snow and potable water not sweetened or flavoure (100%).

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*The tariffs present between Angola and Bahamas are:
136: Most Favoured Nation duty rate treatement

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Angola has comparative advantage over Bahamas. Similarly, the more red a dot/product is, the more Bahamas has comparative advantage over Angola.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Angola - Bahamas

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Economic Complexity

Competitive Landscape

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