Crude Petroleum in Bahamas

EXPORTS (2017): $124M, World Rnk 63 / 122
Flag Rnk 3 / 301

TOP DESTINATION (2017): $76.9M, Nicaragua

FASTEST GROWING MARKET (2016 - 2017): $76.9M, Nicaragua

IMPORTS (2018): $445M, World Rnk 60 / 148
Flag Rnk 3 / 987

TOP ORIGIN (2018): $354M, Colombia

FASTEST GROWING ORIGIN (2017 - 2018): $36.8M, Ecuador

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Exports: In 2017, Bahamas exported $124M in Crude Petroleum, making it the 63rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most exported product in Bahamas. The main destination of Crude Petroleum exports from Bahamas are: Nicaragua ($76.9M), Jamaica ($29.4M), United States ($15.3M), and Georgia ($2.82M).

The fastest growing export markets for Crude Petroleum of Bahamas between 2016 and 2017 were Nicaragua ($76.9M), United States ($14M), and Georgia ($2.82M).

Imports: In 2018, Bahamas imported $445M in Crude Petroleum, becoming the 60th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in Bahamas. Bahamas imports Crude Petroleum primarily from: Colombia ($354M), United States ($54.9M), and Ecuador ($36.8M).

The fastest growing import markets in Crude Petroleum for Bahamas between 2017 and 2018 were Ecuador ($36.8M).

Value

EXPORTS (2017): $124M

IMPORTS (2018): $445M

NET TRADE (2018): -$445M

In 2017, Bahamas exported $124M in Crude Petroleum. The main destinations of Bahamas exports on Crude Petroleum were Nicaragua ($76.9M), Jamaica ($29.4M), United States ($15.3M), and Georgia ($2.82M).

In 2018, Bahamas imported $445M in Crude Petroleum, mainly from Colombia ($354M), United States ($54.9M), and Ecuador ($36.8M).

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Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Bahamas WERE (2016 - 2017):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Bahamas WERE (2016 - 2017):

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Market Concentration

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Flow
Type

In 2018, Bahamas's main exporting competitors in Crude Petroleum were:

In 2018, Bahamas's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Crude Petroleum in Bahamas. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Crude Petroleum in the imports of Bahamas were of 0% around the world.

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