2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 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
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

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
Value

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 (Flag) to Saudi Arabia (Flag) (2022)

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

Latest Data

Trade between Bahamas (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Date

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Saudi Arabia
Top Destination
China$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 (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Saudi Arabia

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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