2022
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GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
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GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
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GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
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GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Russia-Bahamas In 2022, Russia exported $22.9k to Bahamas. The main products that Russia exported to Bahamas are Liquid Dispersing Machines ($22.6k), Processed Fish ($127), and Motor vehicles; parts and accessories (8701 to 8705) ($96). During the last 26 years the exports of Russia to Bahamas have decreased at an annualized rate of 29.9%, from $235M in 1996 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 In 2022, Bahamas exported $1.65k to Russia. The main products that Bahamas exported to Russia were N/A. During the last 26 years the exports of Bahamas to Russia have decreased at an annualized rate of 27.9%, from $8.26M in 1996 to $1.65k in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  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.

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 26 years the exports of Russia to Bahamas have decreased at an annualized rate of 29.9%, from $235M in 1996 to $22.9k in 2022.

In 2021, Bahamas exported $1.65k to Russia. There were not main exports from Bahamas to Russia in 2021. During the last 25 years the exports of Bahamas to Russia have decreased at an annualized rate of 27.9%, from $8.26M in 1996 to $1.65k in 2021.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Bahamas
Top Destination
United 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 2021, countries that imported more from Russia than Bahamas were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Bahamas than Russia were 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 2021, Bahamas had a large net trade with Russia in the exports of .

Service Trade

Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Bahamas (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Russia has comparative advantage over Bahamas. Similarly, the more yellow a dot/product is, the more Bahamas has comparative advantage over Russia.

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

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