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2022
Flag → Flag
Exports $27.4kRnk 122 / 148
2022
Flag → Flag
Top Product $21.2kRolled Tobacco
2022
Flag → Flag
Exports $124Rnk 107 / 112
2022
Flag → Flag
Top Product $101Other Mineral
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Nicaragua-Bahamas Trade: In 2022, Nicaragua exported $27.4k to Bahamas. The main products that Nicaragua exported to Bahamas were Rolled Tobacco ($21.2k), Knit T-shirts ($3.19k), and Other Plastic Products ($1.4k). Over the past 5 years the exports of Nicaragua to Bahamas have decreased at an annualized rate of 31%, from $175k in 2017 to $27.4k in 2022.

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

Bahamas-Nicaragua Trade: In 2022, Bahamas exported $124 to Nicaragua. The main products that Bahamas exported to Nicaragua were Other Mineral ($101) and Woodworking machines ($23). Over the past 5 years the exports of Bahamas to Nicaragua have decreased at an annualized rate of 93%,  from $75.8M in 2017 to $124 in 2022.

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

Comparison In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97),  and 111 in total exports ($7.92B). 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, Nicaragua exported $27.4k to Bahamas. The main products exported from Nicaragua to Bahamas were Rolled Tobacco ($21.2k), Knit T-shirts ($3.19k), and Other Plastic Products ($1.4k). During the last 5 years the exports of Nicaragua to Bahamas have decreased at an annualized rate of 31%, from $175k in 2017 to $27.4k in 2022.

In 2017, Bahamas exported $124 to Nicaragua. The main products exported from Bahamas to Nicaragua were Other Mineral ($101) and Woodworking machines ($23). During the last 5 years the exports of Bahamas to Nicaragua have decreased at an annualized rate of 93%, from $75.8M in 2022 to $124 in 2017.

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

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

Latest Data

Trade between Nicaragua (Flag) and Bahamas (Flag)

Nicaragua Exports

Date

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Nicaragua than Bahamas included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Bahamas than Nicaragua included Cote d'Ivoire ($576M), Thailand ($185M), and Germany ($255M).

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

Comparative Advantage Nicaragua - Bahamas

Flow
Scale

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

During 2022, Nicaragua had a large net trade with Bahamas in the exports of Foodstuffs ($22.3k), Textiles ($3.23k), and Plastics and Rubbers ($1.4k).

During 2017, Bahamas had a large net trade with Nicaragua in the exports of Mineral Products ($101) and Machines ($23).

Economic Complexity

Competitive Landscape

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

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

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