Flag Germany / Bahamas Flag

Exports Flag β†’ Flag  (2018): $460M, Rnk 87 / 216

Top Product Flag β†’ Flag (2018): $85.6M, Cars

Exports Flag β†’ Flag (2018): $72.3M, Rnk 3 / 84

Top Product Flag β†’ Flag (2018): $32.8M, Raw Aluminium

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $12.4B, CURRENT US$
Rnk 136 / 196

GDP GROWTH Flag (2008-2018): 18%, CURRENT US$
Rnk 129 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $32,218, CURRENT US$
Rnk 31 / 196

GDP PC GROWTH Flag (2008-2018): 5.19%, CURRENT US$
Rnk 128 / 196

Germany-Bahamas: In 2018, Germany exported $460M to Bahamas. The main products that Germany exported to Bahamas are Cars ($85.6M), Packaged Medicaments ($17.1M), and Specialized Vehicles ($10.9M). During the last 23 years the exports of Germany to Bahamas have increased at an annualized rate of 19.1%, from $8.3M in 1995 to $460M in 2018.

In 2018, Germany did not exported services to Bahamas.

Bahamas-Germany: In 2018, Bahamas exported $72.3M to Germany . The main products that Bahamas exported to Germany were Raw Aluminium ($32.8M), Non-Iron and Steel Slag, Ash and Residues ($13.6M), and Locomotive Parts ($6.38M). During the last 23 years the exports of Germany to Bahamas have increased at an annualized rate of 19.1%, from $8.3M in 1995 to $460M in 2018.

In 2018, Bahamas did not exported services to Germany.

Comparison: In 2018,  Germany ranked 4 in the Economic Complexity Index (ECI 1.9),  and 2 in total exports ($1.5T). That same year, Bahamas ranked 147 in total exports ($1.17B), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $460M to Bahamas. The main products exported from Germany to Bahamas were Cars ($85.6M), Packaged Medicaments ($17.1M), and Specialized Vehicles ($10.9M). During the last 23 years the exports of Germany to Bahamas have increased at an annualized rate of 19.1%, from $8.3M in 1995 to $460M in 2018.

In 2018, Bahamas exported $72.3M to Germany. The main products exported from Bahamas to Germany were Raw Aluminium ($32.8M), Non-Iron and Steel Slag, Ash and Residues ($13.6M), and Locomotive Parts ($6.38M). During the last 23 years the exports of Bahamas to Germany have increased at an annualized rate of 10.1%, from $7.92M in 1995 to $72.3M in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Bahamas
Top Destination
: Poland, $349M

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

In 2018, countries that imported more from Germany than Bahamas were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Bahamas than Germany were Bermuda ($26.9M) and Barbados ($29.8M).

Comparative Advantage Germany - Bahamas

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Depth

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

During 2018, Germany had a large net trade with Bahamas in the exports of Machines ($145M), Transportation ($116M), and Chemical Products ($51M).

During 2018, Bahamas had a large net trade with Germany in the exports of Metals ($41.6M), Mineral Products ($13.6M), and Transportation ($6.74M).

Tariff Section

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This section shows import tariffs for products traded between Germany and Bahamas (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Bahamas were Grape wines, alcoholic grape must nes (15.2%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (5.08%).

In 2018, the products from Bahamas that paid the highest import tariffs to enter Germany were Articles and accessories for billiards (43%) and Parts for diesel and semi-diesel engines (35%).

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*The tariffs present between Germany and Bahamas are:
109: Caribbean Forum (CARIFORUM) - European Union Economic Partnership Agreements (EPA)
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Bahamas. Similarly, the more red a dot/product is, the more Bahamas has comparative advantage over Germany.