Bahamas (BHS) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Bahamas-Sri Lanka Trade: In 2022, Bahamas exported $1.14k to Sri Lanka. The main products that Bahamas exported to Sri Lanka were Computers ($813), Integrated Circuits ($246), and Non-Knit Women's Suits ($53). Over the past 8 years the exports of Bahamas to Sri Lanka have decreased at an annualized rate of 35.8%, from $39.2k in 2014 to $1.14k in 2022.

In 2022, Bahamas did not export any services to Sri Lanka.

Sri Lanka-Bahamas Trade: In 2022, Sri Lanka exported $42.8k to Bahamas. The main products that Sri Lanka exported to Bahamas were Porcelain Tableware ($16.4k), Packaged Medicaments ($10.7k), and Coconut Oil ($5.18k). Over the past 8 years the exports of Sri Lanka to Bahamas have increased at an annualized rate of 6.09%, from $30k in 2014 to $42.8k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $1.14k to Sri Lanka. The main products exported from Bahamas to Sri Lanka were Computers ($813), Integrated Circuits ($246), and Non-Knit Women's Suits ($53). During the last 8 years the exports of Bahamas to Sri Lanka have decreased at an annualized rate of 35.8%, from $39.2k in 2014 to $1.14k in 2022.

In 2017, Sri Lanka exported $42.8k to Bahamas. The main products exported from Sri Lanka to Bahamas were Porcelain Tableware ($16.4k), Packaged Medicaments ($10.7k), and Coconut Oil ($5.18k). During the last 5 years the exports of Sri Lanka to Bahamas have increased at an annualized rate of 6.09%, from $30k in 2022 to $42.8k in 2017.

Exports from Bahamas () to Sri Lanka () (2022)

Exports from Sri Lanka () to Bahamas () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Bahamas than Sri Lanka included Cote d'Ivoire ($576M), Thailand ($185M), and Guatemala ($42.2M).

In 2022, countries that imported more from Sri Lanka than Bahamas included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka () and Bahamas () (2022)

Comparative Advantage Bahamas - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Sri Lanka in the exports of Machines ($1.06k), Textiles ($53), and Foodstuffs ($26).

During 2017, Sri Lanka had a large net trade with Bahamas in the exports of Stone And Glass ($16.4k), Chemical Products ($10.7k), and Animal and Vegetable Bi-Products ($5.18k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Sri Lanka () (2022)

Exports from Sri Lanka () to Bahamas () (2022)

Market Competitiveness

Difference in imports from Sri Lanka () and Bahamas () (2022)

Comparative Advantage Bahamas - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Sri Lanka () (2022)

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