2023
Flag  
GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC 
$35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC
$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

Bahamas-Ecuador Trade: In 2023, Bahamas exported $497 to Ecuador. The main products that Bahamas exported to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($425) and Knit T-shirts ($72). Over the past 5 years the exports of Bahamas to Ecuador have decreased at an annualized rate of 71.4%, from $258k in 2018 to $497 in 2023.

In 2023, Bahamas did not export any services to Ecuador.

Ecuador-Bahamas Trade: In 2023, Ecuador exported $3.49M to Bahamas. The main products that Ecuador exported to Bahamas were Poultry Meat ($2.08M), Other Processed Fruits and Nuts ($401k), and Frozen Fruits and Nuts ($212k). Over the past 5 years the exports of Ecuador to Bahamas have decreased at an annualized rate of 38.3%,  from $39M in 2018 to $3.49M in 2023.

In 2023, Ecuador did not export any services to Bahamas.

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $497 to Ecuador. The main products exported from Bahamas to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($425) and Knit T-shirts ($72). During the last 5 years the exports of Bahamas to Ecuador have decreased at an annualized rate of 71.4%, from $258k in 2018 to $497 in 2023.

In 2018, Ecuador exported $3.49M to Bahamas. The main products exported from Ecuador to Bahamas were Poultry Meat ($2.08M), Other Processed Fruits and Nuts ($401k), and Frozen Fruits and Nuts ($212k). During the last 5 years the exports of Ecuador to Bahamas have decreased at an annualized rate of 38.3%, from $39M in 2023 to $3.49M in 2018.

Exports from Bahamas (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to Bahamas (Flag) (2023)

Latest Data

Trade between Bahamas (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.07B
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Bahamas than Ecuador included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Guyana ($236M).

In 2023, countries that imported more from Ecuador than Bahamas included China ($7.96B), United States ($8.34B), and Panama ($4.38B).

Difference in imports from Ecuador (Flag) and Bahamas (Flag) (2023)

Comparative Advantage Bahamas - Ecuador

Flow
Scale

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

During 2023, Bahamas had a large net trade with Ecuador in the exports of Transportation ($425) and Textiles ($72).

During 2018, Ecuador had a large net trade with Bahamas in the exports of Animal Products ($2.08M), Foodstuffs ($471k), and Vegetable Products ($269k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Ecuador (Flag) (2023)

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