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2023
Flag → Flag
Exports $4.65MRnk 17 / 114
2023
Flag → Flag
Top Product $2.28MScrap Iron
2023
Flag → Flag
Exports $63.2MRnk 152 / 220
2023
Flag → Flag
Top Product $47.1MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Bahamas-India Trade: In 2023, Bahamas exported $4.65M to India. The main products that Bahamas exported to India were Scrap Iron ($2.28M), Industrial Fatty Acids, Oils and Alcohols ($1.34M), and Styrene Polymers ($295k). Over the past 5 years the exports of Bahamas to India have decreased at an annualized rate of 6.42%, from $6.47M in 2018 to $4.65M in 2023.

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

India-Bahamas Trade: In 2023, India exported $63.2M to Bahamas. The main products that India exported to Bahamas were Refined Petroleum ($47.1M), Cars ($3.11M), and Packaged Medicaments ($1.78M). Over the past 5 years the exports of India to Bahamas have increased at an annualized rate of 21.1%,  from $6.38M in 2018 to $63.2M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $4.65M to India. The main products exported from Bahamas to India were Scrap Iron ($2.28M), Industrial Fatty Acids, Oils and Alcohols ($1.34M), and Styrene Polymers ($295k). During the last 5 years the exports of Bahamas to India have decreased at an annualized rate of 6.42%, from $6.47M in 2018 to $4.65M in 2023.

In 2018, India exported $63.2M to Bahamas. The main products exported from India to Bahamas were Refined Petroleum ($47.1M), Cars ($3.11M), and Packaged Medicaments ($1.78M). During the last 5 years the exports of India to Bahamas have increased at an annualized rate of 21.1%, from $6.38M in 2023 to $63.2M in 2018.

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

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

Latest Data

Trade between Bahamas (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.07B
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Bahamas than India included Zimbabwe ($469M) and Guyana ($236M).

In 2023, countries that imported more from India than Bahamas included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Bahamas - India

Flow
Scale

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

During 2023, Bahamas had a large net trade with India in the exports of Metals ($2.56M), Chemical Products ($1.35M), and Plastics and Rubbers ($295k).

During 2018, India had a large net trade with Bahamas in the exports of Mineral Products ($47.1M), Textiles ($4.97M), and Transportation ($3.49M).

Economic Complexity

Competitive Landscape

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

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

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