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2023
Flag → Flag
Exports $22MRnk 116 / 211
2023
Flag → Flag
Top Product $16.2MRefined Petroleum
2023
Flag → Flag
Exports $1.1BRnk 46 / 114
2023
Flag → Flag
Top Product $139kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 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 $6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

South Africa-Bahamas Trade: In 2023, South Africa exported $22M to Bahamas. The main products that South Africa exported to Bahamas were Refined Petroleum ($16.2M), Planes, Helicopters, and/or Spacecraft ($2.13M), and Recreational Boats ($1.15M). Over the past 5 years the exports of South Africa to Bahamas have increased at an annualized rate of 12.1%, from $12.4M in 2018 to $22M in 2023.

In 2023, South Africa did not export any services to Bahamas.

Bahamas-South Africa In N/A, Bahamas did not export any products to South Africa.

In 2023, Bahamas did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR14.7M and imported ZAR5.88k from Bahamas, resulting in a positive trade balance of ZAR14.7M. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-26M (-63.9%) from ZAR40.7M to ZAR14.7M, while imports decreased by ZAR-7.12k (-54.8%) from ZAR13k to ZAR5.88k.

Trade In November 2024, the top exports of South Africa to Bahamas were Refined Petroleum (ZAR53.7M), Fruit Juice (ZAR339k), and Commodities not elsewhere specified (ZAR232k). In November 2024 the top imports of South Africa from Bahamas were Refined Petroleum (ZAR1.9M) and Iron Fasteners (ZAR581).

Origins In November 2024 the exports of South Africa were mainly from Durban (ZAR7.39M), Cape Town (ZAR7.14M), Cape Town Int Airport (ZAR132k), O.R. Tambo Int Airport (ZAR21k), and Saldanha Bay (ZAR2.49k), while imports destinations were mainly Cape Town (ZAR5.88k).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Bahamas was explained primarily by an decrease in product exports in . In November 2024, the decrease in South Africa's year-by-year imports  from Bahamas was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR-26M(-63.9%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-7.12k(-54.8%)
MAIN EXPORTER (November 2024)DurbanZAR7.39M

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

To check Bahamas and South Africa 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 2023, South Africa exported $22M to Bahamas. The main products exported from South Africa to Bahamas were Refined Petroleum ($16.2M), Planes, Helicopters, and/or Spacecraft ($2.13M), and Recreational Boats ($1.15M). During the last 5 years the exports of South Africa to Bahamas have increased at an annualized rate of 12.1%, from $12.4M in 2018 to $22M in 2023.

Bahamas does not register exports to South Africa. The main products exported from Bahamas to South Africa were Refined Petroleum ($139k), Party Decorations ($34.4k), and Hard Liquor ($6.99k).

Exports from South Africa (Flag) to Bahamas (Flag) (2023)

Exports from Bahamas (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Bahamas
Top DestinationUnited States$1.07B

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 2023, countries that imported more from South Africa than Bahamas included China ($29.5B), United States ($13B), and India ($10.8B).

In 2023, countries that imported more from Bahamas than South Africa included Cote d'Ivoire ($418M), Guyana ($236M), and Dominican Republic ($125M).

Difference in imports from Bahamas (Flag) and South Africa (Flag) (2023)

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 2023, South Africa had a large net trade with Bahamas in the exports of Mineral Products ($16.2M), Transportation ($3.84M), and Foodstuffs ($674k).

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) (2023)

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