2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Bahamas-Peru Trade: In 2022, Bahamas exported $11.7k to Peru. The main products that Bahamas exported to Peru were Low-voltage Protection Equipment ($11.7k) and Iron Fasteners ($14). Over the past 5 years the exports of Bahamas to Peru have decreased at an annualized rate of 75.3%, from $12.7M in 2017 to $11.7k in 2022.

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

Peru-Bahamas Trade: In 2022, Peru exported $4.01M to Bahamas. The main products that Peru exported to Bahamas were Concentrated Milk ($2.6M), Fruit Juice ($489k), and Brochures ($259k). Over the past 5 years the exports of Peru to Bahamas have decreased at an annualized rate of 5.74%,  from $5.39M in 2017 to $4.01M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $11.7k to Peru. The main products exported from Bahamas to Peru were Low-voltage Protection Equipment ($11.7k) and Iron Fasteners ($14). During the last 5 years the exports of Bahamas to Peru have decreased at an annualized rate of 75.3%, from $12.7M in 2017 to $11.7k in 2022.

In 2017, Peru exported $4.01M to Bahamas. The main products exported from Peru to Bahamas were Concentrated Milk ($2.6M), Fruit Juice ($489k), and Brochures ($259k). During the last 5 years the exports of Peru to Bahamas have decreased at an annualized rate of 5.74%, from $5.39M in 2022 to $4.01M in 2017.

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

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

Latest Data

Trade between Bahamas (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Bahamas than Peru included Cote d'Ivoire ($576M), Thailand ($185M), and Barbados ($30M).

In 2022, countries that imported more from Peru than Bahamas included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Bahamas - Peru

Flow
Scale

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

During 2022, Bahamas had a large net trade with Peru in the exports of Machines ($11.7k) and Metals ($14).

During 2017, Peru had a large net trade with Bahamas in the exports of Animal Products ($2.6M), Foodstuffs ($933k), and Paper Goods ($310k).

Economic Complexity

Competitive Landscape

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

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

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