Bahamas (BHS) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Bahamas-Armenia Trade: In 2022, Bahamas exported $5.64k to Armenia. The main products that Bahamas exported to Armenia were Hard Liquor ($5.47k) and Trunks and Cases ($173). Over the past 7 years the exports of Bahamas to Armenia have increased at an annualized rate of 17.8%, from $1.79k in 2015 to $5.64k in 2022.

In 2022, Bahamas did not export any services to Armenia.

Armenia-Bahamas Trade: In 2022, Armenia exported $2.77M to Bahamas. The main products that Armenia exported to Bahamas were N/A. Over the past 7 years the exports of Armenia to Bahamas have increased at an annualized rate of 54.7%, from $202k in 2015 to $2.77M in 2022.

In 2022, Armenia did not export any services to Bahamas.

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $5.64k to Armenia. The main products exported from Bahamas to Armenia were Hard Liquor ($5.47k) and Trunks and Cases ($173). During the last 7 years the exports of Bahamas to Armenia have increased at an annualized rate of 17.8%, from $1.79k in 2015 to $5.64k in 2022.

In 2001, Armenia exported $2.77M to Bahamas. There were not main exports from Armenia to Bahamas in 2001. During the last 5 years the exports of Armenia to Bahamas have increased at an annualized rate of 54.7%, from $202k in 2006 to $2.77M in 2001.

Exports from Bahamas () to Armenia () (2022)

Exports from Armenia () to Bahamas () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Armenia
Top DestinationRussia$2.36B

This map shows whether countries import more from Bahamas or Armenia. Each country is colored based on the difference in imports they receive from Bahamas and Armenia or the difference in the growth in imports.

In 2022, countries that imported more from Bahamas than Armenia included United States ($1.4B), Cote d'Ivoire ($576M), and Thailand ($185M).

In 2022, countries that imported more from Armenia than Bahamas included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia () and Bahamas () (2022)

Comparative Advantage Bahamas - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bahamas and Armenia by product, considering products traded by both, Bahamas and Armenia.

During 2022, Bahamas had a large net trade with Armenia in the exports of Foodstuffs ($5.47k) and Animal Hides ($173).

During 2001, Armenia had a large net trade with Bahamas in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bahamas and Armenia. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Bahamas.

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Armenia () (2022)

Exports from Armenia () to Bahamas () (2022)

Market Competitiveness

Difference in imports from Armenia () and Bahamas () (2022)

Comparative Advantage Bahamas - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Armenia () (2022)

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