2023
Flag  
GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 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
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Bahamas-Estonia Trade: In 2023, Bahamas exported $45.4k to Estonia. The main products that Bahamas exported to Estonia were Cocoa Beans ($45k), Boat Propellers ($209), and Motor vehicles; parts and accessories (8701 to 8705) ($133). Over the past 5 years the exports of Bahamas to Estonia have increased at an annualized rate of 22%, from $16.8k in 2018 to $45.4k in 2023.

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

Estonia-Bahamas Trade: In 2023, Estonia exported $3.04M to Bahamas. The main products that Estonia exported to Bahamas were Other Furniture ($724k), Aluminium Structures ($671k), and Nonaqueous Paints ($234k). Over the past 5 years the exports of Estonia to Bahamas have decreased at an annualized rate of 14.7%,  from $6.75M in 2018 to $3.04M in 2023.

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

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B). That same year, Estonia ranked 79 in total exports ($20B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $45.4k to Estonia. The main products exported from Bahamas to Estonia were Cocoa Beans ($45k), Boat Propellers ($209), and Motor vehicles; parts and accessories (8701 to 8705) ($133). During the last 5 years the exports of Bahamas to Estonia have increased at an annualized rate of 22%, from $16.8k in 2018 to $45.4k in 2023.

In 2018, Estonia exported $3.04M to Bahamas. The main products exported from Estonia to Bahamas were Other Furniture ($724k), Aluminium Structures ($671k), and Nonaqueous Paints ($234k). During the last 5 years the exports of Estonia to Bahamas have decreased at an annualized rate of 14.7%, from $6.75M in 2023 to $3.04M in 2018.

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

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

Latest Data

Trade between Bahamas (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.07B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Bahamas than Estonia included Zimbabwe ($469M), Cote d'Ivoire ($418M), and United States ($1.07B).

In 2023, countries that imported more from Estonia than Bahamas included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Comparative Advantage Bahamas - Estonia

Flow
Scale

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

During 2023, Bahamas had a large net trade with Estonia in the exports of Foodstuffs ($45k), Machines ($209), and Transportation ($133).

During 2018, Estonia had a large net trade with Bahamas in the exports of Metals ($1.03M), Miscellaneous ($789k), and Chemical Products ($324k).

Economic Complexity

Competitive Landscape

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

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

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