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2022
Flag → Flag
Exports $3.65MRnk 22 / 112
2022
Flag → Flag
Top Product $1.28MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag → Flag
Exports $11.7MRnk 177 / 217
2022
Flag → Flag
Top Product $4.79MCars
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Bahamas-India Trade: In 2022, Bahamas exported $3.65M to India. The main products that Bahamas exported to India were Industrial Fatty Acids, Oils and Alcohols ($1.28M), Styrene Polymers ($980k), and Scrap Aluminium ($433k). Over the past 5 years the exports of Bahamas to India have decreased at an annualized rate of 38.1%, from $40.2M in 2017 to $3.65M in 2022.

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

India-Bahamas Trade: In 2022, India exported $11.7M to Bahamas. The main products that India exported to Bahamas were Cars ($4.79M), Bedspreads ($849k), and Packaged Medicaments ($672k). Over the past 5 years the exports of India to Bahamas have increased at an annualized rate of 5%,  from $9.2M in 2017 to $11.7M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $3.65M to India. The main products exported from Bahamas to India were Industrial Fatty Acids, Oils and Alcohols ($1.28M), Styrene Polymers ($980k), and Scrap Aluminium ($433k). During the last 5 years the exports of Bahamas to India have decreased at an annualized rate of 38.1%, from $40.2M in 2017 to $3.65M in 2022.

In 2017, India exported $11.7M to Bahamas. The main products exported from India to Bahamas were Cars ($4.79M), Bedspreads ($849k), and Packaged Medicaments ($672k). During the last 5 years the exports of India to Bahamas have increased at an annualized rate of 5%, from $9.2M in 2022 to $11.7M in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
India
Top DestinationUnited States$82.9B

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 2022, countries that imported more from Bahamas than India included Barbados ($30M).

In 2022, countries that imported more from India than Bahamas included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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 2022, Bahamas had a large net trade with India in the exports of Chemical Products ($1.28M), Plastics and Rubbers ($980k), and Metals ($803k).

During 2017, India had a large net trade with Bahamas in the exports of Transportation ($5.08M), Textiles ($2.66M), and Chemical Products ($1.74M).

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) (2022)

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