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2022
Flag → Flag
Exports $20.8MRnk 130 / 215
2022
Flag → Flag
Top Product $11.5MOther Electrical Machinery
2022
Flag → Flag
Exports $9.53MRnk 15 / 112
2022
Flag → Flag
Top Product $9.36MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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 $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Singapore-Bahamas Trade: In 2022, Singapore exported $20.8M to Bahamas. The main products that Singapore exported to Bahamas were Other Electrical Machinery ($11.5M), Passenger and Cargo Ships ($6.91M), and Cars ($1.14M). Over the past 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 52.6%, from $2.51M in 2017 to $20.8M in 2022.

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

Bahamas-Singapore Trade: In 2022, Bahamas exported $9.53M to Singapore. The main products that Bahamas exported to Singapore were Refined Petroleum ($9.36M), Spark-Ignition Engines ($50k), and Boat Propellers ($43.2k). Over the past 5 years the exports of Bahamas to Singapore have increased at an annualized rate of 25.4%,  from $2.45M in 2017 to $9.53M in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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, Singapore exported $20.8M to Bahamas. The main products exported from Singapore to Bahamas were Other Electrical Machinery ($11.5M), Passenger and Cargo Ships ($6.91M), and Cars ($1.14M). During the last 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 52.6%, from $2.51M in 2017 to $20.8M in 2022.

In 2017, Bahamas exported $9.53M to Singapore. The main products exported from Bahamas to Singapore were Refined Petroleum ($9.36M), Spark-Ignition Engines ($50k), and Boat Propellers ($43.2k). During the last 5 years the exports of Bahamas to Singapore have increased at an annualized rate of 25.4%, from $2.45M in 2022 to $9.53M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Bahamas (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Singapore than Bahamas included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Bahamas than Singapore included Cote d'Ivoire ($576M), Barbados ($30M), and Jamaica ($20.6M).

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

Comparative Advantage Singapore - Bahamas

Flow
Scale

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

During 2022, Singapore had a large net trade with Bahamas in the exports of Machines ($12M), Transportation ($8.11M), and Chemical Products ($327k).

During 2017, Bahamas had a large net trade with Singapore in the exports of Mineral Products ($9.36M), Machines ($132k), and Plastics and Rubbers ($8.08k).

Economic Complexity

Competitive Landscape

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

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

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