Bahamas (BHS) and Thailand (THA) Trade | The Observatory of Economic Complexity

About

Bahamas-Thailand Trade: In 2022, Bahamas exported $185M to Thailand. The main products that Bahamas exported to Thailand were Scrap Vessels ($86.9M), Passenger and Cargo Ships ($81.9M), and Cobalt ($8.67M). Over the past 5 years the exports of Bahamas to Thailand have increased at an annualized rate of 141%, from $2.26M in 2017 to $185M in 2022.

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

Thailand-Bahamas Trade: In 2022, Thailand exported $8.43M to Bahamas. The main products that Thailand exported to Bahamas were Processed Fish ($3.23M), Fruit Juice ($1.32M), and Flavored Water ($1.16M). Over the past 5 years the exports of Thailand to Bahamas have increased at an annualized rate of 0.43%, from $8.26M in 2017 to $8.43M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $185M to Thailand. The main products exported from Bahamas to Thailand were Scrap Vessels ($86.9M), Passenger and Cargo Ships ($81.9M), and Cobalt ($8.67M). During the last 5 years the exports of Bahamas to Thailand have increased at an annualized rate of 141%, from $2.26M in 2017 to $185M in 2022.

In 2017, Thailand exported $8.43M to Bahamas. The main products exported from Thailand to Bahamas were Processed Fish ($3.23M), Fruit Juice ($1.32M), and Flavored Water ($1.16M). During the last 5 years the exports of Thailand to Bahamas have increased at an annualized rate of 0.43%, from $8.26M in 2022 to $8.43M in 2017.

Exports from Bahamas () to Thailand () (2022)

Exports from Thailand () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Bahamas than Thailand included Cote d'Ivoire ($576M), Barbados ($30M), and Bermuda ($3.41M).

In 2022, countries that imported more from Thailand than Bahamas included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Bahamas - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Thailand in the exports of Transportation ($169M), Metals ($15M), and Mineral Products ($1.27M).

During 2017, Thailand had a large net trade with Bahamas in the exports of Foodstuffs ($6.42M), Transportation ($809k), and Vegetable Products ($368k).

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 Thailand. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Bahamas.

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Thailand () (2022)

Exports from Thailand () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Thailand ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Bahamas - Thailand

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 Thailand () (2022)

Keep Exploring