2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Bahamas-Colombia Trade: In 2022, Bahamas exported $17M to Colombia. The main products that Bahamas exported to Colombia were Refined Petroleum ($16.8M), Electric Generating Sets ($220k), and Pesticides ($30.1k). Over the past 5 years the exports of Bahamas to Colombia have increased at an annualized rate of 151%, from $172k in 2017 to $17M in 2022.

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

Colombia-Bahamas Trade: In 2022, Colombia exported $206M to Bahamas. The main products that Colombia exported to Bahamas were Refined Petroleum ($162M), Crude Petroleum ($39.2M), and Raw Sugar ($1.5M). Over the past 5 years the exports of Colombia to Bahamas have decreased at an annualized rate of 23.8%,  from $803M in 2017 to $206M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $17M to Colombia. The main products exported from Bahamas to Colombia were Refined Petroleum ($16.8M), Electric Generating Sets ($220k), and Pesticides ($30.1k). During the last 5 years the exports of Bahamas to Colombia have increased at an annualized rate of 151%, from $172k in 2017 to $17M in 2022.

In 2017, Colombia exported $206M to Bahamas. The main products exported from Colombia to Bahamas were Refined Petroleum ($162M), Crude Petroleum ($39.2M), and Raw Sugar ($1.5M). During the last 5 years the exports of Colombia to Bahamas have decreased at an annualized rate of 23.8%, from $803M in 2022 to $206M in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Bahamas than Colombia included Thailand ($185M), Cote d'Ivoire ($576M), and Seychelles ($20.5M).

In 2022, countries that imported more from Colombia than Bahamas included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Bahamas - Colombia

Flow
Scale

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

During 2022, Bahamas had a large net trade with Colombia in the exports of Mineral Products ($16.8M), Machines ($220k), and Chemical Products ($30.1k).

During 2017, Colombia had a large net trade with Bahamas in the exports of Mineral Products ($201M), Metals ($1.6M), and Foodstuffs ($1.57M).

Economic Complexity

Competitive Landscape

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

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

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