2023
Flag  
GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Bahamas-Spain Trade: In 2023, Bahamas exported $368k to Spain. The main products that Bahamas exported to Spain were Other Inedible Animal Products ($189k), Other Floating Structures ($44.4k), and Paintings ($41.9k). Over the past 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 29.9%, from $2.17M in 2018 to $368k in 2023.

In 2023, Bahamas did not export any services to Spain.

Spain-Bahamas Trade: In 2023, Spain exported $17.7M to Bahamas. The main products that Spain exported to Bahamas were Fishing Ships ($8.49M), Unglazed Ceramics ($1.13M), and Other Furniture ($846k). Over the past 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 40.4%,  from $236M in 2018 to $17.7M in 2023.

In 2023, Spain did not export any services to Bahamas.

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $368k to Spain. The main products exported from Bahamas to Spain were Other Inedible Animal Products ($189k), Other Floating Structures ($44.4k), and Paintings ($41.9k). During the last 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 29.9%, from $2.17M in 2018 to $368k in 2023.

In 2018, Spain exported $17.7M to Bahamas. The main products exported from Spain to Bahamas were Fishing Ships ($8.49M), Unglazed Ceramics ($1.13M), and Other Furniture ($846k). During the last 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 40.4%, from $236M in 2023 to $17.7M in 2018.

Exports from Bahamas (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to Bahamas (Flag) (2023)

Latest Data

Trade between Bahamas (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.07B
Spain
Top Destination
France$61.9B

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

In 2023, countries that imported more from Bahamas than Spain included Zimbabwe ($469M), Guyana ($236M), and Cote d'Ivoire ($418M).

In 2023, countries that imported more from Spain than Bahamas included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain (Flag) and Bahamas (Flag) (2023)

Comparative Advantage Bahamas - Spain

Flow
Scale

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

During 2023, Bahamas had a large net trade with Spain in the exports of Animal Products ($189k), Transportation ($44.4k), and Arts and Antiques ($41.9k).

During 2018, Spain had a large net trade with Bahamas in the exports of Transportation ($8.65M), Stone And Glass ($1.8M), and Machines ($1.78M).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Spain (Flag) (2023)

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