2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Bahamas-Kuwait Trade: In 2022, Bahamas exported $57.8k to Kuwait. The main products that Bahamas exported to Kuwait were N/A. Over the past 5 years the exports of Bahamas to Kuwait have increased at an annualized rate of 8.81%, from $37.9k in 2017 to $57.8k in 2022.

In 2022, Bahamas did not export any services to Kuwait.

Kuwait-Bahamas Trade: In 2022, Kuwait exported $1.23M to Bahamas. The main products that Kuwait exported to Bahamas were Iron Structures ($1.23M). Over the past 5 years the exports of Kuwait to Bahamas have increased at an annualized rate of 109%,  from $30.7k in 2017 to $1.23M in 2022.

In 2022, Kuwait did not export any services to Bahamas.

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $57.8k to Kuwait. There were not main exports from Bahamas to Kuwait in 2022. During the last 5 years the exports of Bahamas to Kuwait have increased at an annualized rate of 8.81%, from $37.9k in 2017 to $57.8k in 2022.

In 2017, Kuwait exported $1.23M to Bahamas. The main products exported from Kuwait to Bahamas were Iron Structures ($1.23M). During the last 5 years the exports of Kuwait to Bahamas have increased at an annualized rate of 109%, from $30.7k in 2022 to $1.23M in 2017.

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

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

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Bahamas than Kuwait included Cote d'Ivoire ($576M), Germany ($255M), and Poland ($114M).

In 2022, countries that imported more from Kuwait than Bahamas included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Bahamas - Kuwait

Flow
Scale

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

During 2022, Bahamas had a large net trade with Kuwait in the exports of Textiles ($55.4k) and Vegetable Products ($2.44k).

During 2017, Kuwait had a large net trade with Bahamas in the exports of Metals ($1.23M).

Economic Complexity

Competitive Landscape

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

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

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