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Pricing

2022
Flag → Flag
Exports $22.9kRnk 134 / 138
2022
Flag → Flag
Top Product $22.6kLiquid Dispersing Machines
2022
Flag → Flag
Exports $1.65kRnk 82 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 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 $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Russia-Bahamas Trade: In 2022, Russia exported $22.9k to Bahamas. The main products that Russia exported to Bahamas were Liquid Dispersing Machines ($22.6k), Processed Fish ($127), and Motor vehicles; parts and accessories (8701 to 8705) ($96). Over the past 5 years the exports of Russia to Bahamas have decreased at an annualized rate of 65.1%, from $4.39M in 2017 to $22.9k in 2022.

In 2020, Russia exported services to Bahamas worth $19.4M, with Transportation ($8.47M), Other business services ($7.43M), and Personal, cultural, and recreational services ($1.73M) being the largest in terms of value.

Bahamas-Russia Trade: In 2022, Bahamas exported $1.65k to Russia. The main products that Bahamas exported to Russia were N/A. Over the past 5 years the exports of Bahamas to Russia have decreased at an annualized rate of 52.7%,  from $311k in 2017 to $1.65k in 2022.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $15.5M and imported $245 from Bahamas, resulting in a positive trade balance of $15.5M. Between January 2021 and January 2022 the exports of Russia have decreased by $-5.62M (-26.7%) from $21.1M to $15.5M, while imports increased by $192 (361%) from $53.1 to $245.

Trade In January 2022, the top exports of Russia to Bahamas were Refined Petroleum ($21.1M). In January 2022 the top imports of Russia from Bahamas were Hard Liquor ($53.1).

Origins In January 2022 the exports of Russia were mainly from KEMEROVO REGION ($11.7M), ST. PETERSBURG ($3.71M), and KRASNODAR TERRITORY ($16.5k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($245).

Growth In January 2022, the decrease in Russia's year-by-year exports to Bahamas was explained primarily by an decrease in product exports in . In January 2022, the increase in Russia's year-by-year imports  from Bahamas was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-5.62M(-26.7%)
IMPORT GROWTH (January 2021 - January 2022)$192(361%)
MAIN EXPORTER (January 2022)KEMEROVO REGION$11.7M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Bahamas and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $22.9k to Bahamas. The main products exported from Russia to Bahamas were Liquid Dispersing Machines ($22.6k), Processed Fish ($127), and Motor vehicles; parts and accessories (8701 to 8705) ($96). During the last 5 years the exports of Russia to Bahamas have decreased at an annualized rate of 65.1%, from $4.39M in 2017 to $22.9k in 2022.

In 2016, Bahamas exported $1.65k to Russia. There were not main exports from Bahamas to Russia in 2016. During the last 5 years the exports of Bahamas to Russia have decreased at an annualized rate of 52.7%, from $311k in 2021 to $1.65k in 2016.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Russia than Bahamas included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Bahamas than Russia included Cote d'Ivoire ($576M), Barbados ($30M), and Seychelles ($20.5M).

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

Comparative Advantage Russia - Bahamas

Flow
Scale

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

During 2022, Russia had a large net trade with Bahamas in the exports of Machines ($22.6k), Foodstuffs ($127), and Transportation ($96).

During 2016, Bahamas had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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