2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Bahamas-Belize Trade: In 2021, Bahamas exported $2.01k to Belize. The main products that Bahamas exported to Belize were N/A. Over the past 7 years the exports of Bahamas to Belize have decreased at an annualized rate of 52.8%, from $385k in 2014 to $2.01k in 2021.

In 2021, Bahamas did not export any services to Belize.

Belize-Bahamas Trade: In 2021, Belize exported $47.7k to Bahamas. The main products that Belize exported to Bahamas were Sawn Wood ($24.2k), Toilet Paper ($14.5k), and Other Aluminium Products ($9.05k). Over the past 7 years the exports of Belize to Bahamas have increased at an annualized rate of 10.8%,  from $28.6k in 2014 to $47.7k in 2021.

In 2021, Belize did not export any services to Bahamas.

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B). That same year, Belize ranked 175 in total exports ($399M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bahamas exported $2.01k to Belize. There were not main exports from Bahamas to Belize in 2021. During the last 7 years the exports of Bahamas to Belize have decreased at an annualized rate of 52.8%, from $385k in 2014 to $2.01k in 2021.

In 2017, Belize exported $47.7k to Bahamas. The main products exported from Belize to Bahamas were Sawn Wood ($24.2k), Toilet Paper ($14.5k), and Other Aluminium Products ($9.05k). During the last 5 years the exports of Belize to Bahamas have increased at an annualized rate of 10.8%, from $28.6k in 2022 to $47.7k in 2017.

Exports from Bahamas (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to Bahamas (Flag) (2022)

Latest Data

Trade between Bahamas (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Bahamas than Belize included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Belize than Bahamas included United Kingdom ($64.3M), Spain ($28.7M), and Honduras ($19.9M).

Difference in imports from Belize (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Belize

Flow
Scale

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

During 2021, Bahamas had a large net trade with Belize in the exports of .

During 2017, Belize had a large net trade with Bahamas in the exports of Wood Products ($24.2k), Paper Goods ($14.5k), and Metals ($9.05k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bahamas and Belize. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Belize. Similarly, a dot/product with the flag of Belize indicates it has a comparative advantage over Bahamas.

Product Space of Bahamas (Flag) and Belize (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with