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2022
Flag → Flag
Exports $1.77MRnk 27 / 112
2022
Flag → Flag
Top Product $601kHard Liquor
2022
Flag → Flag
Exports $134MRnk 112 / 221
2022
Flag → Flag
Top Product $110MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Bahamas-Italy Trade: In 2022, Bahamas exported $1.77M to Italy. The main products that Bahamas exported to Italy were Hard Liquor ($601k), Perfume Plants ($594k), and Other Inedible Animal Products ($121k). Over the past 5 years the exports of Bahamas to Italy have increased at an annualized rate of 23.7%, from $612k in 2017 to $1.77M in 2022.

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

Italy-Bahamas Trade: In 2022, Italy exported $134M to Bahamas. The main products that Italy exported to Bahamas were Refined Petroleum ($110M), Iron Structures ($3.59M), and Wine ($2.36M). Over the past 5 years the exports of Italy to Bahamas have increased at an annualized rate of 14%,  from $69.8M in 2017 to $134M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $1.77M to Italy. The main products exported from Bahamas to Italy were Hard Liquor ($601k), Perfume Plants ($594k), and Other Inedible Animal Products ($121k). During the last 5 years the exports of Bahamas to Italy have increased at an annualized rate of 23.7%, from $612k in 2017 to $1.77M in 2022.

In 2017, Italy exported $134M to Bahamas. The main products exported from Italy to Bahamas were Refined Petroleum ($110M), Iron Structures ($3.59M), and Wine ($2.36M). During the last 5 years the exports of Italy to Bahamas have increased at an annualized rate of 14%, from $69.8M in 2022 to $134M in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Bahamas than Italy included Cote d'Ivoire ($576M) and Barbados ($30M).

In 2022, countries that imported more from Italy than Bahamas included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Bahamas - Italy

Flow
Scale

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

During 2022, Bahamas had a large net trade with Italy in the exports of Foodstuffs ($601k), Vegetable Products ($594k), and Precious Metals ($141k).

During 2017, Italy had a large net trade with Bahamas in the exports of Mineral Products ($110M), Metals ($4.72M), and Machines ($3.51M).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Italy (Flag) (2022)

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