In 2020, Bahamas exported a total of $1.11B, making it the number 153 exporter in the world. During the last five reported years the exports of Bahamas have changed by -$971M from $2.08B in 2015 to $1.11B in 2020.
In 2019, Bahamas exported $4.47B worth of services. The top services exported by Bahamas in 2019 were Personal travel ($4.13B), Other business services ($207M), Transportation ($82.2M), and Government services, n.i.e. ($54.1M).
The top services imported by Bahamas in 2019 were Other business services ($648M), Transportation ($442M), Personal travel ($312M), Government services, n.i.e. ($187M), and Insurance services ($143M).
The top export opportunities for Bahamas according to the relatedness index, are Petroleum Gas (0.071), Cocoa Beans (0.062), Non-fillet Frozen Fish (0.062), Non-fillet Fresh Fish (0.059), and Gold (0.059). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Bahamas is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Bahamas. These are products that tend to be co-exported with the products that Bahamas exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.