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2023
Flag → Flag
Exports $114MRnk 46 / 183
2023
Flag → Flag
Top Product $107MRefined Petroleum
2023
Flag → Flag
Exports $16.2MRnk 11 / 114
2023
Flag → Flag
Top Product $16.2MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC $6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

Colombia-Bahamas Trade: In 2023, Colombia exported $114M to Bahamas. The main products that Colombia exported to Bahamas were Refined Petroleum ($107M), Raw Sugar ($2.51M), and Aluminium Structures ($865k). Over the past 5 years the exports of Colombia to Bahamas have decreased at an annualized rate of 20.5%, from $358M in 2018 to $114M in 2023.

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

Bahamas-Colombia Trade: In 2023, Bahamas exported $16.2M to Colombia. The main products that Bahamas exported to Colombia were Refined Petroleum ($16.2M) and Large Iron Containers ($8.75k). Over the past 5 years the exports of Bahamas to Colombia have increased at an annualized rate of 365%,  from $7.46k in 2018 to $16.2M in 2023.

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

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). 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, Colombia exported $114M to Bahamas. The main products exported from Colombia to Bahamas were Refined Petroleum ($107M), Raw Sugar ($2.51M), and Aluminium Structures ($865k). During the last 5 years the exports of Colombia to Bahamas have decreased at an annualized rate of 20.5%, from $358M in 2018 to $114M in 2023.

In 2018, Bahamas exported $16.2M to Colombia. The main products exported from Bahamas to Colombia were Refined Petroleum ($16.2M) and Large Iron Containers ($8.75k). During the last 5 years the exports of Bahamas to Colombia have increased at an annualized rate of 365%, from $7.46k in 2023 to $16.2M in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Bahamas (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$14.8B
Bahamas
Top DestinationUnited States$1.07B

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

In 2023, countries that imported more from Colombia than Bahamas included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Bahamas than Colombia included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Guyana ($236M).

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

Comparative Advantage Colombia - Bahamas

Flow
Scale

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

During 2023, Colombia had a large net trade with Bahamas in the exports of Mineral Products ($107M), Foodstuffs ($2.67M), and Metals ($894k).

During 2018, Bahamas had a large net trade with Colombia in the exports of Mineral Products ($16.2M) and Metals ($8.75k).

Economic Complexity

Competitive Landscape

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

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

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