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Exports In 2022, Bahamas exported $413k in Pharmaceutical products, making it the 156th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 35th most exported product in Bahamas. The main destination of Pharmaceutical products exports from Bahamas are: United States ($306k), Jamaica ($41.6k), Grenada ($37.2k), Germany ($20.7k), and Georgia ($6.94k).

The fastest growing export markets for Pharmaceutical products of Bahamas between 2021 and 2022 were United States ($306k), Jamaica ($41.6k), and Grenada ($37.2k).

Imports In 2022, Bahamas imported $80.9M in Pharmaceutical products, becoming the 151st largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 13th most imported product in Bahamas. Bahamas imports Pharmaceutical products primarily from: Germany ($31.5M), Panama ($16M), United States ($13M), Canada ($4.12M), and United Kingdom ($3.88M).

The fastest growing import markets in Pharmaceutical products for Bahamas between 2021 and 2022 were Panama ($16M), Germany ($8.92M), and Costa Rica ($3.12M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Pharmaceutical products from Bahamas to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$413k
IMPORTS (2022)$80.9M
NET TRADE (2022)-$80.5M

In 2022, Bahamas exported $413k in Pharmaceutical products. The main destinations of Bahamas exports on Pharmaceutical products were United States ($306k), Jamaica ($41.6k), Grenada ($37.2k), Germany ($20.7k), and Georgia ($6.94k).

In 2022, Bahamas imported $80.9M in Pharmaceutical products, mainly from Germany ($31.5M), Panama ($16M), United States ($13M), Canada ($4.12M), and United Kingdom ($3.88M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Bahamas WERE (2021 - 2022):
United States$306k (1%)
Jamaica$41.6k (1%)
Grenada$37.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Bahamas WERE (2021 - 2022):
Bermuda-$50k (-100%)
Cayman Islands-$33.5k (-100%)
Germany-$5.32k (-20.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Bahamas's main exporting competitors in Pharmaceutical products were:
In 2022, Bahamas's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

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N/A
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Pharmaceutical products’s highest export potential is N/A. With an export gap of N/A.   Pharmaceutical products’s highest import potential is N/A with an import gap of N/A.

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