2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

United States-Bahamas Trade: In 2022, United States exported $5.01B to Bahamas. The main products that United States exported to Bahamas were Refined Petroleum ($2.72B), Recreational Boats ($233M), and Crude Petroleum ($102M). Over the past 5 years the exports of United States to Bahamas have increased at an annualized rate of 11.8%, from $2.87B in 2017 to $5.01B in 2022.

In 2022, United States did not export any services to Bahamas.

Bahamas-United States Trade: In 2022, Bahamas exported $1.4B to United States. The main products that Bahamas exported to United States were Refined Petroleum ($1.04B), Documents of title (bonds etc) and unused stamps ($92.1M), and Styrene Polymers ($76.2M). Over the past 5 years the exports of Bahamas to United States have increased at an annualized rate of 29.4%,  from $385M in 2017 to $1.4B in 2022.

In 2022, Bahamas did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Bahamas ranked 139 in total exports ($2.83B), 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.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $5.01B to Bahamas. The main products exported from United States to Bahamas were Refined Petroleum ($2.72B), Recreational Boats ($233M), and Crude Petroleum ($102M). During the last 5 years the exports of United States to Bahamas have increased at an annualized rate of 11.8%, from $2.87B in 2017 to $5.01B in 2022.

In 2017, Bahamas exported $1.4B to United States. The main products exported from Bahamas to United States were Refined Petroleum ($1.04B), Documents of title (bonds etc) and unused stamps ($92.1M), and Styrene Polymers ($76.2M). During the last 5 years the exports of Bahamas to United States have increased at an annualized rate of 29.4%, from $385M in 2022 to $1.4B in 2017.

Exports from United States (Flag) to Bahamas (Flag) (2022)

Exports from Bahamas (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Bahamas
Top Destination
United States$1.4B

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 2022, countries that imported more from United States than Bahamas included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Bahamas than from United States.

Difference in imports from Bahamas (Flag) and United States (Flag) (2022)

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 2022, United States had a large net trade with Bahamas in the exports of Mineral Products ($2.95B), Transportation ($353M), and Machines ($319M).

During 2017, Bahamas had a large net trade with United States in the exports of Mineral Products ($1.1B), Paper Goods ($92.2M), and Plastics and Rubbers ($77.9M).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with