Bahamas (BHS) and Singapore (SGP) Trade | The Observatory of Economic Complexity

About

Bahamas-Singapore Trade: In 2022, Bahamas exported $9.53M to Singapore. The main products that Bahamas exported to Singapore were Refined Petroleum ($9.36M), Spark-Ignition Engines ($50k), and Additive manufacturing machines ($43.2k). Over the past 5 years the exports of Bahamas to Singapore have increased at an annualized rate of 31.3%, from $2.45M in 2017 to $9.53M in 2022.

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

Singapore-Bahamas Trade: In 2022, Singapore exported $20.8M to Bahamas. The main products that Singapore exported to Bahamas were Other Electrical Machinery ($11.5M), Passenger and Cargo Ships ($6.91M), and Cars ($1.14M). Over the past 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 52.6%, from $2.51M in 2017 to $20.8M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $9.53M to Singapore. The main products exported from Bahamas to Singapore were Refined Petroleum ($9.36M), Spark-Ignition Engines ($50k), and Additive manufacturing machines ($43.2k). During the last 5 years the exports of Bahamas to Singapore have increased at an annualized rate of 31.3%, from $2.45M in 2017 to $9.53M in 2022.

In 2017, Singapore exported $20.8M to Bahamas. The main products exported from Singapore to Bahamas were Other Electrical Machinery ($11.5M), Passenger and Cargo Ships ($6.91M), and Cars ($1.14M). During the last 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 52.6%, from $2.51M in 2022 to $20.8M in 2017.

Exports from Bahamas () to Singapore () (2022)

Exports from Singapore () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Bahamas than Singapore included Cote d'Ivoire ($576M), Barbados ($30M), and Jamaica ($20.6M).

In 2022, countries that imported more from Singapore than Bahamas included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Bahamas () (2022)

Comparative Advantage Bahamas - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Singapore in the exports of Mineral Products ($9.36M), Machines ($132k), and Plastics and Rubbers ($8.08k).

During 2017, Singapore had a large net trade with Bahamas in the exports of Machines ($12M), Transportation ($8.11M), and Chemical Products ($327k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Singapore () (2022)

Exports from Singapore () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Singapore ()

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Bahamas () (2022)

Comparative Advantage Bahamas - Singapore

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Singapore () (2022)

Keep Exploring