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2022
Flag → Flag
Exports $716kRnk 36 / 112
2022
Flag → Flag
Top Product $389kCars
2022
Flag → Flag
Exports $3.4kRnk 158 / 166
2022
Flag → Flag
Top Product $981Bananas
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Bahamas-Nigeria Trade: In 2022, Bahamas exported $716k to Nigeria. The main products that Bahamas exported to Nigeria were Cars ($389k), Delivery Trucks ($126k), and Buses ($70.7k). Over the past 5 years the exports of Bahamas to Nigeria have increased at an annualized rate of 135%, from $9.89k in 2017 to $716k in 2022.

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

Nigeria-Bahamas Trade: In 2022, Nigeria exported $3.4k to Bahamas. The main products that Nigeria exported to Bahamas were Bananas ($981), Beauty Products ($569), and Fish: dried, salted, smoked or in brine ($346). Over the past 5 years the exports of Nigeria to Bahamas have decreased at an annualized rate of 27.5%,  from $17k in 2017 to $3.4k in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $716k to Nigeria. The main products exported from Bahamas to Nigeria were Cars ($389k), Delivery Trucks ($126k), and Buses ($70.7k). During the last 5 years the exports of Bahamas to Nigeria have increased at an annualized rate of 135%, from $9.89k in 2017 to $716k in 2022.

In 2017, Nigeria exported $3.4k to Bahamas. The main products exported from Nigeria to Bahamas were Bananas ($981), Beauty Products ($569), and Fish: dried, salted, smoked or in brine ($346). During the last 5 years the exports of Nigeria to Bahamas have decreased at an annualized rate of 27.5%, from $17k in 2022 to $3.4k in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and Nigeria (Flag)

Nigeria Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Bahamas than Nigeria included Guatemala ($42.2M), Barbados ($30M), and Seychelles ($20.5M).

In 2022, countries that imported more from Nigeria than Bahamas included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Bahamas - Nigeria

Flow
Scale

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

During 2022, Bahamas had a large net trade with Nigeria in the exports of Transportation ($641k), Machines ($72.4k), and Instruments ($2.42k).

During 2017, Nigeria had a large net trade with Bahamas in the exports of Vegetable Products ($1.58k), Chemical Products ($756), and Foodstuffs ($419).

Economic Complexity

Competitive Landscape

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

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

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