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2022
Flag → Flag
Exports $9.53MRnk 15 / 112
2022
Flag → Flag
Top Product $9.36MRefined Petroleum
2022
Flag → Flag
Exports $20.8MRnk 130 / 215
2022
Flag → Flag
Top Product $11.5MOther Electrical Machinery
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

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
Value

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 (Flag) to Singapore (Flag) (2022)

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

Latest Data

Trade between Bahamas (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
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 (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Singapore

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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