Bahamas (BHS) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Bahamas-Saudi Arabia Trade: In 2021, Bahamas exported $23.8M to Saudi Arabia. The main products that Bahamas exported to Saudi Arabia were N/A. Over the past 5 years the exports of Bahamas to Saudi Arabia have increased at an annualized rate of 154%, from $227k in 2016 to $23.8M in 2021.

In 2021, Bahamas did not export any services to Saudi Arabia.

Saudi Arabia-Bahamas Trade: In 2021, Saudi Arabia exported $5.82M to Bahamas. The main products that Saudi Arabia exported to Bahamas were Refined Petroleum ($5.68M), Cranes ($139k), and Textile Footwear ($440). Over the past 5 years the exports of Saudi Arabia to Bahamas have increased at an annualized rate of 685%, from $195 in 2016 to $5.82M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Bahamas exported $23.8M to Saudi Arabia. There were not main exports from Bahamas to Saudi Arabia in 2021. During the last 5 years the exports of Bahamas to Saudi Arabia have increased at an annualized rate of 154%, from $227k in 2016 to $23.8M in 2021.

In 2017, Saudi Arabia exported $5.82M to Bahamas. The main products exported from Saudi Arabia to Bahamas were Refined Petroleum ($5.68M), Cranes ($139k), and Textile Footwear ($440). During the last 5 years the exports of Saudi Arabia to Bahamas have increased at an annualized rate of 685%, from $195 in 2022 to $5.82M in 2017.

Exports from Bahamas () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Saudi Arabia ()

Saudi Arabia Exports

Date

Nov 2016

Sep 2016

Jul 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Bahamas than Saudi Arabia included Cote d'Ivoire ($576M), Barbados ($30M), and Jamaica ($20.6M).

In 2022, countries that imported more from Saudi Arabia than Bahamas included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Bahamas () (2022)

Comparative Advantage Bahamas - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Saudi Arabia had a large net trade with Bahamas in the exports of Mineral Products ($5.68M), Machines ($139k), and Textiles ($575).

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

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Saudi Arabia () (2022)

Exports from Saudi Arabia () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Bahamas () (2022)

Comparative Advantage Bahamas - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Saudi Arabia () (2022)

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