2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Bahamas-North Korea Trade: In 2018, Bahamas exported $25k to North Korea. The main products that Bahamas exported to North Korea were N/A. Over the past 5 years the exports of Bahamas to North Korea have decreased at an annualized rate of 16.2%, from $60.4k in 2013 to $25k in 2018.

In 2018, Bahamas did not export any services to North Korea.

North Korea-Bahamas Trade: In 2018, North Korea exported $221k to Bahamas. The main products that North Korea exported to Bahamas were Excavation Machinery ($90.4k), Electric Batteries ($61.4k), and Cars ($46.3k). Over the past 5 years the exports of North Korea to Bahamas have increased at an annualized rate of 5.46%,  from $161k in 2013 to $221k in 2018.

In 2018, North Korea did not export any services to Bahamas.

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B). That same year, North Korea ranked 182 in total exports ($248M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Bahamas exported $25k to North Korea. There were not main exports from Bahamas to North Korea in 2018. During the last 5 years the exports of Bahamas to North Korea have decreased at an annualized rate of 16.2%, from $60.4k in 2013 to $25k in 2018.

In 2017, North Korea exported $221k to Bahamas. The main products exported from North Korea to Bahamas were Excavation Machinery ($90.4k), Electric Batteries ($61.4k), and Cars ($46.3k). During the last 5 years the exports of North Korea to Bahamas have increased at an annualized rate of 5.46%, from $161k in 2022 to $221k in 2017.

Exports from Bahamas (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Bahamas (Flag) (2022)

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
North Korea
Top Destination
China$131M

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

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

In 2022, countries that imported more from North Korea than Bahamas included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - North Korea

Flow
Scale

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

During 2018, Bahamas had a large net trade with North Korea in the exports of .

During 2017, North Korea had a large net trade with Bahamas in the exports of Machines ($161k), Transportation ($46.3k), and Paper Goods ($5.94k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and North Korea (Flag) (2022)

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