2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Japan-Bahamas Trade: In 2022, Japan exported $273M to Bahamas. The main products that Japan exported to Bahamas were Passenger and Cargo Ships ($225M), Cars ($24.9M), and Spark-Ignition Engines ($5.56M). Over the past 5 years the exports of Japan to Bahamas have decreased at an annualized rate of 12.3%, from $527M in 2017 to $273M in 2022.

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

Bahamas-Japan Trade: In 2022, Bahamas exported $303k to Japan. The main products that Bahamas exported to Japan were Pearls ($246k), Delivery Trucks ($24k), and Collector's Items ($8.9k). Over the past 5 years the exports of Bahamas to Japan have decreased at an annualized rate of 54.9%,  from $16.2M in 2017 to $303k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $273M to Bahamas. The main products exported from Japan to Bahamas were Passenger and Cargo Ships ($225M), Cars ($24.9M), and Spark-Ignition Engines ($5.56M). During the last 5 years the exports of Japan to Bahamas have decreased at an annualized rate of 12.3%, from $527M in 2017 to $273M in 2022.

In 2017, Bahamas exported $303k to Japan. The main products exported from Bahamas to Japan were Pearls ($246k), Delivery Trucks ($24k), and Collector's Items ($8.9k). During the last 5 years the exports of Bahamas to Japan have decreased at an annualized rate of 54.9%, from $16.2M in 2022 to $303k in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Bahamas
Top Destination
United States$1.4B

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

In 2022, countries that imported more from Japan than Bahamas included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Bahamas than Japan included Cote d'Ivoire ($576M) and Seychelles ($20.5M).

Difference in imports from Bahamas (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Bahamas

Flow
Scale

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

During 2022, Japan had a large net trade with Bahamas in the exports of Transportation ($254M), Machines ($14.8M), and Instruments ($1.37M).

During 2017, Bahamas had a large net trade with Japan in the exports of Precious Metals ($246k), Transportation ($27.8k), and Metals ($9.64k).

Economic Complexity

Competitive Landscape

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

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

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