Bahamas (BHS) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Bahamas-Portugal Trade: In 2022, Bahamas exported $545k to Portugal. The main products that Bahamas exported to Portugal were Recreational Boats ($448k), Building Stone ($72.8k), and Other Hand Tools ($8.4k). Over the past 5 years the exports of Bahamas to Portugal have increased at an annualized rate of 97.4%, from $18.2k in 2017 to $545k in 2022.

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

Portugal-Bahamas Trade: In 2022, Portugal exported $6.32M to Bahamas. The main products that Portugal exported to Bahamas were Refined Petroleum ($2.04M), Aluminium Structures ($1.36M), and Building Stone ($510k). Over the past 5 years the exports of Portugal to Bahamas have increased at an annualized rate of 9.46%, from $4.02M in 2017 to $6.32M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $545k to Portugal. The main products exported from Bahamas to Portugal were Recreational Boats ($448k), Building Stone ($72.8k), and Other Hand Tools ($8.4k). During the last 5 years the exports of Bahamas to Portugal have increased at an annualized rate of 97.4%, from $18.2k in 2017 to $545k in 2022.

In 2017, Portugal exported $6.32M to Bahamas. The main products exported from Portugal to Bahamas were Refined Petroleum ($2.04M), Aluminium Structures ($1.36M), and Building Stone ($510k). During the last 5 years the exports of Portugal to Bahamas have increased at an annualized rate of 9.46%, from $4.02M in 2022 to $6.32M in 2017.

Exports from Bahamas () to Portugal () (2022)

Exports from Portugal () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Bahamas included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal () and Bahamas () (2022)

Comparative Advantage Bahamas - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Portugal in the exports of Transportation ($449k), Stone And Glass ($72.8k), and Metals ($15k).

During 2017, Portugal had a large net trade with Bahamas in the exports of Mineral Products ($2.32M), Metals ($1.46M), and Stone And Glass ($550k).

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 Portugal. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Bahamas.

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Portugal () (2022)

Exports from Portugal () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Portugal ()

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Bahamas () (2022)

Comparative Advantage Bahamas - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Portugal () (2022)

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