2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 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

South Africa-Bahamas Trade: In 2022, South Africa exported $8.38M to Bahamas. The main products that South Africa exported to Bahamas were Refined Petroleum ($5.89M), Recreational Boats ($539k), and Prefabricated Buildings ($458k). Over the past 5 years the exports of South Africa to Bahamas have decreased at an annualized rate of 6.56%, from $11.8M in 2017 to $8.38M in 2022.

In 2022, South Africa did not export any services to Bahamas.

Bahamas-South Africa Trade: In 2022, Bahamas exported $750k to South Africa. The main products that Bahamas exported to South Africa were Refined Petroleum ($745k), Knit Sweaters ($781), and Other Knit Garments ($529). Over the past 5 years the exports of Bahamas to South Africa have decreased at an annualized rate of 47%,  from $18M in 2017 to $750k in 2022.

In 2022, Bahamas did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). 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, South Africa exported $8.38M to Bahamas. The main products exported from South Africa to Bahamas were Refined Petroleum ($5.89M), Recreational Boats ($539k), and Prefabricated Buildings ($458k). During the last 5 years the exports of South Africa to Bahamas have decreased at an annualized rate of 6.56%, from $11.8M in 2017 to $8.38M in 2022.

In 2017, Bahamas exported $750k to South Africa. The main products exported from Bahamas to South Africa were Refined Petroleum ($745k), Knit Sweaters ($781), and Other Knit Garments ($529). During the last 5 years the exports of Bahamas to South Africa have decreased at an annualized rate of 47%, from $18M in 2022 to $750k in 2017.

Exports from South Africa (Flag) to Bahamas (Flag) (2022)

Exports from Bahamas (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Bahamas
Top Destination
United States$1.4B

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

In 2022, countries that imported more from South Africa than Bahamas included China ($23.4B), Germany ($9.96B), and United States ($10.9B).

In 2022, countries that imported more from Bahamas than South Africa included Cote d'Ivoire ($576M), Barbados ($30M), and Guatemala ($42.2M).

Difference in imports from Bahamas (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Bahamas

Flow
Scale

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

During 2022, South Africa had a large net trade with Bahamas in the exports of Mineral Products ($5.89M), Transportation ($785k), and Miscellaneous ($629k).

During 2017, Bahamas had a large net trade with South Africa in the exports of Mineral Products ($745k), Machines ($1.59k), and Textiles ($1.42k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Bahamas (Flag) (2022)

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