2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Bahamas-Ecuador Trade: In 2022, Bahamas exported $638 to Ecuador. The main products that Bahamas exported to Ecuador were Sports Equipment ($638). Over the past 5 years the exports of Bahamas to Ecuador have decreased at an annualized rate of 69.2%, from $230k in 2017 to $638 in 2022.

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

Ecuador-Bahamas Trade: In 2022, Ecuador exported $2.24M to Bahamas. The main products that Ecuador exported to Bahamas were Other Processed Fruits and Nuts ($759k), Frozen Fruits and Nuts ($424k), and Other Processed Vegetables ($267k). Over the past 5 years the exports of Ecuador to Bahamas have increased at an annualized rate of 9.25%,  from $1.44M in 2017 to $2.24M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $638 to Ecuador. The main products exported from Bahamas to Ecuador were Sports Equipment ($638). During the last 5 years the exports of Bahamas to Ecuador have decreased at an annualized rate of 69.2%, from $230k in 2017 to $638 in 2022.

In 2017, Ecuador exported $2.24M to Bahamas. The main products exported from Ecuador to Bahamas were Other Processed Fruits and Nuts ($759k), Frozen Fruits and Nuts ($424k), and Other Processed Vegetables ($267k). During the last 5 years the exports of Ecuador to Bahamas have increased at an annualized rate of 9.25%, from $1.44M in 2022 to $2.24M in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Ecuador
Top Destination
United States$9.86B

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 2022, countries that imported more from Bahamas than Ecuador included Cote d'Ivoire ($576M), Thailand ($185M), and Poland ($114M).

In 2022, countries that imported more from Ecuador than Bahamas included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

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 2022, Bahamas had a large net trade with Ecuador in the exports of Miscellaneous ($638).

During 2017, Ecuador had a large net trade with Bahamas in the exports of Foodstuffs ($1.28M), Vegetable Products ($617k), and Textiles ($75.5k).

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) (2022)

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