In 2019, Bahamas exported a total of $1.22B, making it the number 151 exporter in the world. During the last five reported years the exports of Bahamas have changed by -$3.42B from $4.64B in 2014 to $1.22B in 2019.
In 2019 Bahamas imported $9.51B, making it the number 108 trade destination in the world. During the last five reported years the imports of Bahamas changed by -$351M from $9.86B in 2014 to $9.51B in 2019.
In 2018, Bahamas exported $3.74B worth of services. The top services exported by Bahamas in 2018 were Personal travel ($3.36B), Miscellaneous business, professional, and technical services ($268M), Air transport ($53M), Embassies and consulates ($31.1M), and Sea transport ($23.5M).
The top services imported by Bahamas in 2018 were Miscellaneous business, professional, and technical services ($637M), Personal travel ($315M), Air transport ($303M), Sea transport ($185M), and Other government services ($135M).
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 it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a 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 emissions.