2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Bahamas-Portugal Trade: In 2022, Bahamas exported $545k to Portugal. The main products that Bahamas exported to Portugal were Recreational Boats ($448k), Building Stone ($72.8k), and Other Hand Tools ($8.4k). Over the past 5 years the exports of Bahamas to Portugal have increased at an annualized rate of 97.4%, from $18.2k in 2017 to $545k in 2022.

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

Portugal-Bahamas Trade: In 2022, Portugal exported $6.32M to Bahamas. The main products that Portugal exported to Bahamas were Refined Petroleum ($2.04M), Aluminium Structures ($1.36M), and Building Stone ($510k). Over the past 5 years the exports of Portugal to Bahamas have increased at an annualized rate of 9.46%,  from $4.02M in 2017 to $6.32M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $545k to Portugal. The main products exported from Bahamas to Portugal were Recreational Boats ($448k), Building Stone ($72.8k), and Other Hand Tools ($8.4k). During the last 5 years the exports of Bahamas to Portugal have increased at an annualized rate of 97.4%, from $18.2k in 2017 to $545k in 2022.

In 2017, Portugal exported $6.32M to Bahamas. The main products exported from Portugal to Bahamas were Refined Petroleum ($2.04M), Aluminium Structures ($1.36M), and Building Stone ($510k). During the last 5 years the exports of Portugal to Bahamas have increased at an annualized rate of 9.46%, from $4.02M in 2022 to $6.32M in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Bahamas than Portugal included Cote d'Ivoire ($576M), Thailand ($185M), and Barbados ($30M).

In 2022, countries that imported more from Portugal than Bahamas included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Bahamas - Portugal

Flow
Scale

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

During 2022, Bahamas had a large net trade with Portugal in the exports of Transportation ($449k), Stone And Glass ($72.8k), and Metals ($15k).

During 2017, Portugal had a large net trade with Bahamas in the exports of Mineral Products ($2.32M), Metals ($1.46M), and Stone And Glass ($550k).

Economic Complexity

Competitive Landscape

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

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

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