2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Bahamas-United Kingdom Trade: In 2022, Bahamas exported $10.6M to United Kingdom. The main products that Bahamas exported to United Kingdom were Styrene Polymers ($3.26M), Crustaceans ($2.09M), and Electric Generating Sets ($500k). Over the past 5 years the exports of Bahamas to United Kingdom have decreased at an annualized rate of 26.7%, from $50.3M in 2017 to $10.6M in 2022.

In 2022, Bahamas did not export any services to United Kingdom.

United Kingdom-Bahamas Trade: In 2022, United Kingdom exported $42.2M to Bahamas. The main products that United Kingdom exported to Bahamas were Packaged Medicaments ($3.5M), Baked Goods ($3.08M), and Paintings ($1.79M). Over the past 5 years the exports of United Kingdom to Bahamas have decreased at an annualized rate of 2.45%,  from $47.8M in 2017 to $42.2M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $10.6M to United Kingdom. The main products exported from Bahamas to United Kingdom were Styrene Polymers ($3.26M), Crustaceans ($2.09M), and Electric Generating Sets ($500k). During the last 5 years the exports of Bahamas to United Kingdom have decreased at an annualized rate of 26.7%, from $50.3M in 2017 to $10.6M in 2022.

In 2017, United Kingdom exported $42.2M to Bahamas. The main products exported from United Kingdom to Bahamas were Packaged Medicaments ($3.5M), Baked Goods ($3.08M), and Paintings ($1.79M). During the last 22 years the exports of United Kingdom to Bahamas have decreased at an annualized rate of 2.45%, from $47.8M in 1995 to $42.2M in 2017.

Exports from Bahamas (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Bahamas (Flag) (2022)

Latest Data

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

United Kingdom Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
United Kingdom
Top Destination
United States$61.8B

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 2022, countries that imported more from Bahamas than United Kingdom included Cote d'Ivoire ($576M).

In 2022, countries that imported more from United Kingdom than Bahamas included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Bahamas (Flag) (2022)

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 2022, Bahamas had a large net trade with United Kingdom in the exports of Plastics and Rubbers ($3.3M), Animal Products ($2.1M), and Machines ($694k).

During 2017, United Kingdom had a large net trade with Bahamas in the exports of Foodstuffs ($7.07M), Chemical Products ($5.65M), and Machines ($4.62M).

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) (2022)

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