Bahamas (BHS) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Bahamas-Russia Trade: In 2021, Bahamas exported $1.65k to Russia. The main products that Bahamas exported to Russia were N/A. Over the past 5 years the exports of Bahamas to Russia have decreased at an annualized rate of 64.9%, from $311k in 2016 to $1.65k in 2021.

In 2021, Bahamas did not export any services to Russia.

Russia-Bahamas Trade: In 2021, Russia exported $22.9k to Bahamas. The main products that Russia exported to Bahamas were Liquid Dispersing Machines ($22.6k), Processed Fish ($127), and Motor vehicles; parts and accessories (8701 to 8705) ($96). Over the past 5 years the exports of Russia to Bahamas have decreased at an annualized rate of 65.1%, from $4.39M in 2016 to $22.9k in 2021.

In 2020, Russia exported services to Bahamas worth $19.4M, with Transportation ($8.47M), Other business services ($7.43M), and Personal, cultural, and recreational services ($1.73M) being the largest in terms of value.

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Bahamas exported $1.65k to Russia. There were not main exports from Bahamas to Russia in 2021. During the last 5 years the exports of Bahamas to Russia have decreased at an annualized rate of 64.9%, from $311k in 2016 to $1.65k in 2021.

In 2017, Russia exported $22.9k to Bahamas. The main products exported from Russia to Bahamas were Liquid Dispersing Machines ($22.6k), Processed Fish ($127), and Motor vehicles; parts and accessories (8701 to 8705) ($96). During the last 5 years the exports of Russia to Bahamas have decreased at an annualized rate of 65.1%, from $4.39M in 2022 to $22.9k in 2017.

Exports from Bahamas () to Russia () (2022)

Exports from Russia () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Bahamas than Russia included Cote d'Ivoire ($576M), Barbados ($30M), and Seychelles ($20.5M).

In 2022, countries that imported more from Russia than Bahamas included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Bahamas - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Bahamas had a large net trade with Russia in the exports of .

During 2017, Russia had a large net trade with Bahamas in the exports of Machines ($22.6k), Foodstuffs ($127), and Transportation ($96).

Potential Exports

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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Bahamas worth $19.4M, with Transportation ($8.47M), Other business services ($7.43M), and Personal, cultural, and recreational services ($1.73M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Bahamas () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Russia () (2022)

Exports from Russia () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Russia ()

Russia Exports

Market Competitiveness

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

Comparative Advantage Bahamas - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Bahamas () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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