Flag Bahamas / Ecuador Flag

2019
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Exports
: $115M, Rnk 3 / 94

2019
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Top Product
: $94.8M, Passenger and Cargo Ships

2019
FlagFlag
Exports
: $1.83M, Rnk 99 / 169

2019
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Top Product
: $629k, Other Processed Fruits and Nuts

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
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GDP
: $13.6B, CURRENT US$
Rnk 130 / 187

2009-2019
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GDP GROWTH
: 36%, CURRENT US$
Rnk 115 / 187

2019
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 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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GDP PC 
: $34,864, CURRENT US$
Rnk 28 / 187

2009-2019
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GDP PC GROWTH
: 22.1%, CURRENT US$
Rnk 110 / 187

2019
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GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
Flag
GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

Bahamas-Ecuador In 2019, Bahamas exported $115M to Ecuador. The main products that Bahamas exported to Ecuador are Passenger and Cargo Ships ($94.8M), Coal Tar Oil ($19.7M), and Other Inedible Animal Products ($203k). During the last 24 years the exports of Bahamas to Ecuador have increased at an annualized rate of 31.9%, from $149k in 1995 to $115M in 2019.

In 2019, Bahamas did not export any services to Ecuador.

Ecuador-Bahamas In 2019, Ecuador exported $1.83M to Bahamas . The main products that Ecuador exported to Bahamas were Other Processed Fruits and Nuts ($629k), Electric Motors ($552k), and Other Processed Vegetables ($291k). During the last 24 years the exports of Ecuador to Bahamas have increased at an annualized rate of 17.8%, from $36.1k in 1995 to $1.83M in 2019.

In 2019, Ecuador did not export any services to Bahamas.

Comparison In 2019,  Bahamas ranked 151 in total exports ($1.22B), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Bahamas exported $115M to Ecuador. The main products exported from Bahamas to Ecuador were Passenger and Cargo Ships ($94.8M), Coal Tar Oil ($19.7M), and Other Inedible Animal Products ($203k). During the last 24 years the exports of Bahamas to Ecuador have increased at an annualized rate of 31.9%, from $149k in 1995 to $115M in 2019.

In 2019, Ecuador exported $1.83M to Bahamas. The main products exported from Ecuador to Bahamas were Other Processed Fruits and Nuts ($629k), Electric Motors ($552k), and Other Processed Vegetables ($291k). During the last 24 years the exports of Ecuador to Bahamas have increased at an annualized rate of 17.8%, from $36.1k in 1995 to $1.83M in 2019.

Ecuador Exports

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Market Competitiveness

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Measure

Bahamas
Top Destination
: Poland, $392M

Ecuador
Top Destination
: United States, $6.76B

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

In 2019, countries that imported more from Bahamas than Ecuador were Poland ($392M), Cyprus ($56.5M), and Guyana ($42.6M).

In 2019, countries that imported more from Ecuador than Bahamas were United States ($6.76B), China ($2.85B), and Panama ($1.92B).

Comparative Advantage Bahamas - Ecuador

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Depth

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

During 2019, Bahamas had a large net trade with Ecuador in the exports of Transportation ($94.8M), Mineral Products ($19.7M), and Animal Products ($217k).

During 2019, Ecuador had a large net trade with Bahamas in the exports of Foodstuffs ($920k), Machines ($552k), and Vegetable Products ($149k).

Tariff Section

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

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

In 2019, the products from Ecuador that paid the highest import tariffs to enter Bahamas were Vermouth and other flavoured grape wines - pack < 2l (189k%) and Undenatured ethyl alcohol > 80% by volume (116k%).

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

Economic Complexity

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Competitive Landscape

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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 Bahamas has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Bahamas.