2023
Flag  
GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Bahamas-United Kingdom Trade: In 2023, Bahamas exported $812k to United Kingdom. The main products that Bahamas exported to United Kingdom were Cars ($186k), Crustaceans ($174k), and Styrene Polymers ($150k). Over the past 5 years the exports of Bahamas to United Kingdom have decreased at an annualized rate of 39.7%, from $10.2M in 2018 to $812k in 2023.

In 2023, Bahamas did not export any services to United Kingdom.

United Kingdom-Bahamas Trade: In 2023, United Kingdom exported $30.3M to Bahamas. The main products that United Kingdom exported to Bahamas were Packaged Medicaments ($3.92M), Baked Goods ($3.8M), and Cars ($1.43M). Over the past 5 years the exports of United Kingdom to Bahamas have decreased at an annualized rate of 17.4%,  from $78.5M in 2018 to $30.3M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $812k to United Kingdom. The main products exported from Bahamas to United Kingdom were Cars ($186k), Crustaceans ($174k), and Styrene Polymers ($150k). During the last 5 years the exports of Bahamas to United Kingdom have decreased at an annualized rate of 39.7%, from $10.2M in 2018 to $812k in 2023.

In 2018, United Kingdom exported $30.3M to Bahamas. The main products exported from United Kingdom to Bahamas were Packaged Medicaments ($3.92M), Baked Goods ($3.8M), and Cars ($1.43M). During the last 5 years the exports of United Kingdom to Bahamas have decreased at an annualized rate of 17.4%, from $78.5M in 2023 to $30.3M in 2018.

Exports from Bahamas (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Bahamas (Flag) (2023)

Latest Data

Trade between Bahamas (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.07B
United Kingdom
Top Destination
United States$59.7B

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

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

In 2023, countries that imported more from United Kingdom than Bahamas included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Bahamas (Flag) (2023)

Comparative Advantage Bahamas - United Kingdom

Flow
Scale

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

During 2023, Bahamas had a large net trade with United Kingdom in the exports of Transportation ($241k), Animal Products ($174k), and Plastics and Rubbers ($158k).

During 2018, United Kingdom had a large net trade with Bahamas in the exports of Foodstuffs ($7.45M), Machines ($5.93M), and Chemical Products ($5.91M).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and United Kingdom (Flag) (2023)

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