2023
Flag  
GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Bahamas-Mexico Trade: In 2023, Bahamas exported $4.74k to Mexico. The main products that Bahamas exported to Mexico were Other Plastic Products ($2.04k), Used Clothing ($2k), and Broadcasting Equipment ($702). Over the past 5 years the exports of Bahamas to Mexico have decreased at an annualized rate of 33.3%, from $36k in 2018 to $4.74k in 2023.

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

Mexico-Bahamas Trade: In 2023, Mexico exported $21.8M to Bahamas. The main products that Mexico exported to Bahamas were Cement ($3.83M), Cars ($1.49M), and Hard Liquor ($1.41M). Over the past 5 years the exports of Mexico to Bahamas have increased at an annualized rate of 6.01%,  from $16.3M in 2018 to $21.8M in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $4.74k to Mexico. The main products exported from Bahamas to Mexico were Other Plastic Products ($2.04k), Used Clothing ($2k), and Broadcasting Equipment ($702). During the last 5 years the exports of Bahamas to Mexico have decreased at an annualized rate of 33.3%, from $36k in 2018 to $4.74k in 2023.

In 2018, Mexico exported $21.8M to Bahamas. The main products exported from Mexico to Bahamas were Cement ($3.83M), Cars ($1.49M), and Hard Liquor ($1.41M). During the last 5 years the exports of Mexico to Bahamas have increased at an annualized rate of 6.01%, from $16.3M in 2023 to $21.8M in 2018.

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

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

Latest Data

Trade between Bahamas (Flag) and Mexico (Flag)

Mexico Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.07B
Mexico
Top Destination
United States$456B

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

In 2023, countries that imported more from Bahamas than Mexico included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Guyana ($236M).

In 2023, countries that imported more from Mexico than Bahamas included United States ($456B), Canada ($33B), and China ($15B).

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

Comparative Advantage Bahamas - Mexico

Flow
Scale

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

During 2023, Bahamas had a large net trade with Mexico in the exports of Plastics and Rubbers ($2.04k), Textiles ($2k), and Machines ($702).

During 2018, Mexico had a large net trade with Bahamas in the exports of Foodstuffs ($6.17M), Mineral Products ($3.84M), and Chemical Products ($2.72M).

Economic Complexity

Competitive Landscape

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

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

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