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Pricing

2022
Flag → Flag
Exports $5.01BRnk 45 / 219
2022
Flag → Flag
Top Product $2.72BRefined Petroleum
2022
Flag → Flag
Exports $1.4BRnk 1 / 112
2022
Flag → Flag
Top Product $1.04BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%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 23.9%,  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.

Latest Trends

September, 2024

About

Overview In September 2024, United States exported $369M and imported $36.1M from Bahamas, resulting in a positive trade balance of $333M. Between September 2023 and September 2024 the exports of United States have increased by $14.1M (3.96%) from $355M to $369M, while imports decreased by $-52.8M (-59.4%) from $88.9M to $36.1M.

Trade In September 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 September 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 September 2024 the exports of United States were mainly from Texas ($158M), Florida ($105M), Louisiana ($26M), New York ($5.05M), and North Carolina ($4.83M), while imports destinations were mainly Florida ($16.6M), New Jersey ($6.09M), Texas ($4.86M), New York ($3.09M), and Washington ($1.49M).

Growth In September 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 ($19.1M or 177%). In September 2024, the decrease in United States's year-by-year imports  from Bahamas was explained primarily by an decrease in product imports  in Gravel and Crushed Stone ($-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 (September 2023 - September 2024)$14.1M(3.96%)
IMPORT GROWTH (September 2023 - September 2024)$-52.8M(-59.4%)
MAIN EXPORTER (September 2024)Texas$158M

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.

For full datasets download visit Bulk Download page.

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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 23.9%, 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 DestinationCanada$308B
Bahamas
Top DestinationUnited 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)

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