2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195

About

Brazil-Bahamas Trade: In 2023, Brazil exported $211M to Bahamas. The main products that Brazil exported to Bahamas were Refined Petroleum ($121M), Crude Petroleum ($51.9M), and Poultry Meat ($20.3M). Over the past 5 years the exports of Brazil to Bahamas have increased at an annualized rate of 13.5%, from $112M in 2018 to $211M in 2023.

In 2023, Brazil did not export any services to Bahamas.

Bahamas-Brazil Trade: In 2023, Bahamas exported $77.4k to Brazil. The main products that Bahamas exported to Brazil were Used Clothing ($17k), Other Furniture ($15k), and Sand ($13k). Over the past 5 years the exports of Bahamas to Brazil have decreased at an annualized rate of 48.7%,  from $2.17M in 2018 to $77.4k in 2023.

In 2023, Bahamas did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $211M to Bahamas. The main products exported from Brazil to Bahamas were Refined Petroleum ($121M), Crude Petroleum ($51.9M), and Poultry Meat ($20.3M). During the last 5 years the exports of Brazil to Bahamas have increased at an annualized rate of 13.5%, from $112M in 2018 to $211M in 2023.

In 2018, Bahamas exported $77.4k to Brazil. The main products exported from Bahamas to Brazil were Used Clothing ($17k), Other Furniture ($15k), and Sand ($13k). During the last 5 years the exports of Bahamas to Brazil have decreased at an annualized rate of 48.7%, from $2.17M in 2023 to $77.4k in 2018.

Exports from Brazil (Flag) to Bahamas (Flag) (2023)

Exports from Bahamas (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Bahamas
Top Destination
United States$1.07B

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

In 2023, countries that imported more from Brazil than Bahamas included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Bahamas than Brazil included Zimbabwe ($469M) and Cote d'Ivoire ($418M).

Difference in imports from Bahamas (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Bahamas

Flow
Scale

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

During 2023, Brazil had a large net trade with Bahamas in the exports of Mineral Products ($173M), Animal Products ($24M), and Transportation ($3.48M).

During 2018, Bahamas had a large net trade with Brazil in the exports of Miscellaneous ($24.9k), Textiles ($17k), and Mineral Products ($13k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Bahamas (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with