Sign In
Pricing

2022
Flag → Flag
Exports $3.41MRnk 23 / 112
2022
Flag → Flag
Top Product $3.41MRefined Petroleum
2022
Flag → Flag
Exports $133kRnk 19 / 89
2022
Flag → Flag
Top Product $127kFlavored Water
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Bahamas-Bermuda Trade: In 2022, Bahamas exported $3.41M to Bermuda. The main products that Bahamas exported to Bermuda were Refined Petroleum ($3.41M), Precious Metal Watches ($2.15k), and Motor vehicles; parts and accessories (8701 to 8705) ($170). Over the past 5 years the exports of Bahamas to Bermuda have decreased at an annualized rate of 28.2%, from $17.8M in 2017 to $3.41M in 2022.

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

Bermuda-Bahamas Trade: In 2022, Bermuda exported $133k to Bahamas. The main products that Bermuda exported to Bahamas were Flavored Water ($127k), Telephones ($1.1k), and Medical Instruments ($568). Over the past 5 years the exports of Bermuda to Bahamas have decreased at an annualized rate of 4.63%,  from $168k in 2017 to $133k in 2022.

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

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B). That same year, Bermuda ranked 199 in total exports ($68.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $3.41M to Bermuda. The main products exported from Bahamas to Bermuda were Refined Petroleum ($3.41M), Precious Metal Watches ($2.15k), and Motor vehicles; parts and accessories (8701 to 8705) ($170). During the last 5 years the exports of Bahamas to Bermuda have decreased at an annualized rate of 28.2%, from $17.8M in 2017 to $3.41M in 2022.

In 2017, Bermuda exported $133k to Bahamas. The main products exported from Bermuda to Bahamas were Flavored Water ($127k), Telephones ($1.1k), and Medical Instruments ($568). During the last 5 years the exports of Bermuda to Bahamas have decreased at an annualized rate of 4.63%, from $168k in 2022 to $133k in 2017.

Exports from Bahamas (Flag) to Bermuda (Flag) (2022)

Exports from Bermuda (Flag) to Bahamas (Flag) (2022)

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Bahamas than Bermuda included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Bermuda than Bahamas included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

Difference in imports from Bermuda (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Bermuda

Flow
Scale

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

During 2022, Bahamas had a large net trade with Bermuda in the exports of Mineral Products ($3.41M), Instruments ($2.15k), and Transportation ($170).

During 2017, Bermuda had a large net trade with Bahamas in the exports of Foodstuffs ($127k), Miscellaneous ($1.48k), and Machines ($1.17k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Bermuda (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms