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Pricing

2023
Flag → Flag
Exports $5.25BRnk 48 / 220
2023
Flag → Flag
Top Product $2.8BRefined Petroleum
2023
Flag → Flag
Exports $1.07BRnk 1 / 114
2023
Flag → Flag
Top Product $668MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

United States-Bahamas Trade: In 2023, United States exported $5.25B to Bahamas. The main products that United States exported to Bahamas were Refined Petroleum ($2.8B), Recreational Boats ($194M), and Cars ($90M). Over the past 5 years the exports of United States to Bahamas have increased at an annualized rate of 13.7%, from $2.77B in 2018 to $5.25B in 2023.

In 2023, United States did not export any services to Bahamas.

Bahamas-United States Trade: In 2023, Bahamas exported $1.07B to United States. The main products that Bahamas exported to United States were Refined Petroleum ($668M), Special Purpose Ships ($87.5M), and Crustaceans ($86.9M). Over the past 5 years the exports of Bahamas to United States have increased at an annualized rate of 19%,  from $448M in 2018 to $1.07B in 2023.

In 2023, Bahamas did not export any services to United States.

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Celebrity Cruises (374), SAC (Société des alcools du Québec) (363), and Gildan Activewear (249) were at the forefront of exporting goods from Bahamas to the United States. Conversely, Celebrity Cruises Inc. (365), Other (354), and G.a.b. Limited (246) were notable for importing products to Bahamas from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $637M and imported $219M from Bahamas, resulting in a positive trade balance of $418M. Between November 2023 and November 2024 the exports of United States have decreased by $-151M (-19.1%) from $787M to $637M, while imports decreased by $-654k (-0.3%) from $220M to $219M.

Trade In November 2024, the top exports of United States to Bahamas were Refined Petroleum ($277M), Commodities not elsewhere specified ($51.1M), Recreational Boats ($29.9M), Cyclic Hydrocarbons ($7.93M), and Cars ($6.5M). In November 2024 the top imports of United States from Bahamas were Refined Petroleum ($245M), Commodities not elsewhere specified ($40.5M), Crustaceans ($7.7M), Styrene Polymers ($4.76M), and Salt ($1.73M).

Origins In November 2024 the exports of United States were mainly from Texas ($375M), Florida ($118M), Louisiana ($27M), US Virgin Islands ($6.23M), and New York ($6.13M), while imports destinations were mainly Connecticut ($77.2M), Florida ($42.6M), California ($42.3M), New Jersey ($24M), and Massachusetts ($12.1M).

Growth In November 2024, the decrease in United States's year-by-year exports to Bahamas was explained primarily by an decrease in product exports in Rough Wood ($-1.48M or -63.2%), Pearl Products ($-1.45M or -83.3%), and Petroleum Gas ($-1.22M or -34.7%). In November 2024, the decrease in United States's year-by-year imports  from Bahamas was explained primarily by an decrease in product imports  in Gravel and Crushed Stone ($-1.15M or -45.8%), Crustaceans ($-745k or -8.82%), and Fairground Amusements ($-52k or -9.92%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-151M(-19.1%)
IMPORT GROWTH (November 2023 - November 2024)$-654k(-0.3%)
MAIN EXPORTER (November 2024)Texas$375M

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

To check Bahamas and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $5.25B to Bahamas. The main products exported from United States to Bahamas were Refined Petroleum ($2.8B), Recreational Boats ($194M), and Cars ($90M). During the last 5 years the exports of United States to Bahamas have increased at an annualized rate of 13.7%, from $2.77B in 2018 to $5.25B in 2023.

In 2018, Bahamas exported $1.07B to United States. The main products exported from Bahamas to United States were Refined Petroleum ($668M), Special Purpose Ships ($87.5M), and Crustaceans ($86.9M). During the last 5 years the exports of Bahamas to United States have increased at an annualized rate of 19%, from $448M in 2023 to $1.07B in 2018.

Exports from United States (Flag) to Bahamas (Flag) (2023)

Exports from Bahamas (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Bahamas
Top DestinationUnited States$1.07B

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

In 2023, countries that imported more from United States than Bahamas included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Bahamas than United States included Zimbabwe ($469M).

Difference in imports from Bahamas (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Bahamas

Flow
Scale

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

During 2023, United States had a large net trade with Bahamas in the exports of Mineral Products ($2.85B), Machines ($399M), and Transportation ($341M).

During 2018, Bahamas had a large net trade with United States in the exports of Mineral Products ($737M), Transportation ($94.8M), and Animal Products ($87.6M).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Bahamas (Flag) (2023)

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