2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$35,897CURRENT US$
Rnk 36 / 196
2013-2023
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GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195

About

Japan-Bahamas Trade: In 2023, Japan exported $286M to Bahamas. The main products that Japan exported to Bahamas were Passenger and Cargo Ships ($238M), Cars ($29M), and Spark-Ignition Engines ($4.35M). Over the past 5 years the exports of Japan to Bahamas have decreased at an annualized rate of 24.9%, from $1.2B in 2018 to $286M in 2023.

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

Bahamas-Japan Trade: In 2023, Bahamas exported $1.61M to Japan. The main products that Bahamas exported to Japan were Crustaceans ($653k), Pearls ($431k), and Scrap Copper ($250k). Over the past 5 years the exports of Bahamas to Japan have decreased at an annualized rate of 32.4%,  from $11.4M in 2018 to $1.61M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). 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, Japan exported $286M to Bahamas. The main products exported from Japan to Bahamas were Passenger and Cargo Ships ($238M), Cars ($29M), and Spark-Ignition Engines ($4.35M). During the last 5 years the exports of Japan to Bahamas have decreased at an annualized rate of 24.9%, from $1.2B in 2018 to $286M in 2023.

In 2018, Bahamas exported $1.61M to Japan. The main products exported from Bahamas to Japan were Crustaceans ($653k), Pearls ($431k), and Scrap Copper ($250k). During the last 5 years the exports of Bahamas to Japan have decreased at an annualized rate of 32.4%, from $11.4M in 2023 to $1.61M in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Bahamas
Top Destination
United States$1.07B

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 2023, countries that imported more from Japan than Bahamas included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

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 2023, Japan had a large net trade with Bahamas in the exports of Transportation ($271M), Machines ($12.5M), and Instruments ($576k).

During 2018, Bahamas had a large net trade with Japan in the exports of Animal Products ($653k), Precious Metals ($431k), and Metals ($347k).

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) (2023)

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