United States / Bahamas

Overview In January 2024, United States exported $525M and imported $228M from Bahamas, resulting in a positive trade balance of $297M. Between January 2023 and January 2024 the exports of United States have increased by $15.6M (3.06%) from $510M to $525M, while imports decreased by $-74.7M (-24.6%) from $303M to $228M.

Trade In January 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 January 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 January 2024 the exports of United States were mainly from Texas ($175M), Louisiana ($148M), Florida ($104M), US Virgin Islands ($7.69M), and Georgia ($3.7M), while imports destinations were mainly Florida ($155M), New Jersey ($28.9M), Connecticut ($27.4M), South Carolina ($6.71M), and Texas ($3.19M).

Growth In January 2024, the increase in United States's year-by-year exports to Bahamas was explained primarily by an increase in product exports in Refined Petroleum ($142M or 104%), Commodities not elsewhere specified ($24.8M or 94.3%), and Recreational Boats ($19.1M or 177%). In January 2024, the decrease in United States's year-by-year imports  from Bahamas was explained primarily by an decrease in product imports  in Gravel and Crushed Stone ($-1.15M or -45.8%), Crustaceans ($-745k or -8.82%), and Fairground Amusements ($-52k or -9.92%).