2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195

About

Portugal-Bahamas Trade: In 2023, Portugal exported $4.09M to Bahamas. The main products that Portugal exported to Bahamas were Boat Propellers ($658k), Other Furniture ($565k), and Nonaqueous Paints ($519k). Over the past 5 years the exports of Portugal to Bahamas have decreased at an annualized rate of 7.63%, from $6.08M in 2018 to $4.09M in 2023.

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

Bahamas-Portugal Trade: In 2023, Bahamas exported $45.4k to Portugal. The main products that Bahamas exported to Portugal were Boat Propellers ($16.7k), Scrap Iron ($15.2k), and Other Floating Structures ($5.89k). Over the past 5 years the exports of Bahamas to Portugal have decreased at an annualized rate of 19.5%,  from $134k in 2018 to $45.4k in 2023.

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

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). 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, Portugal exported $4.09M to Bahamas. The main products exported from Portugal to Bahamas were Boat Propellers ($658k), Other Furniture ($565k), and Nonaqueous Paints ($519k). During the last 5 years the exports of Portugal to Bahamas have decreased at an annualized rate of 7.63%, from $6.08M in 2018 to $4.09M in 2023.

In 2018, Bahamas exported $45.4k to Portugal. The main products exported from Bahamas to Portugal were Boat Propellers ($16.7k), Scrap Iron ($15.2k), and Other Floating Structures ($5.89k). During the last 5 years the exports of Bahamas to Portugal have decreased at an annualized rate of 19.5%, from $134k in 2023 to $45.4k in 2018.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Bahamas
Top Destination
United States$1.07B

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

In 2023, countries that imported more from Portugal than Bahamas included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - Bahamas

Flow
Scale

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

During 2023, Portugal had a large net trade with Bahamas in the exports of Miscellaneous ($840k), Textiles ($772k), and Machines ($685k).

During 2018, Bahamas had a large net trade with Portugal in the exports of Machines ($19.4k), Metals ($17.2k), and Transportation ($5.94k).

Economic Complexity

Competitive Landscape

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

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

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