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2023
Flag → Flag
Exports $296kRnk 39 / 114
2023
Flag → Flag
Top Product $280kHard Liquor
2023
Flag → Flag
Exports $4.08MRnk 156 / 217
2023
Flag → Flag
Top Product $2.31MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC $35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Bahamas-Singapore Trade: In 2023, Bahamas exported $296k to Singapore. The main products that Bahamas exported to Singapore were Hard Liquor ($280k), Other Rubber Products ($4.46k), and Collector's Items ($3.37k). Over the past 5 years the exports of Bahamas to Singapore have decreased at an annualized rate of 62.9%, from $42.2M in 2018 to $296k in 2023.

In 2023, Bahamas did not export any services to Singapore.

Singapore-Bahamas Trade: In 2023, Singapore exported $4.08M to Bahamas. The main products that Singapore exported to Bahamas were Gas Turbines ($2.31M), LCDs ($395k), and Cars ($323k). Over the past 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 16.1%,  from $1.93M in 2018 to $4.08M in 2023.

In 2023, Singapore did not export any services to Bahamas.

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index. That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $296k to Singapore. The main products exported from Bahamas to Singapore were Hard Liquor ($280k), Other Rubber Products ($4.46k), and Collector's Items ($3.37k). During the last 5 years the exports of Bahamas to Singapore have decreased at an annualized rate of 62.9%, from $42.2M in 2018 to $296k in 2023.

In 2018, Singapore exported $4.08M to Bahamas. The main products exported from Singapore to Bahamas were Gas Turbines ($2.31M), LCDs ($395k), and Cars ($323k). During the last 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 16.1%, from $1.93M in 2023 to $4.08M in 2018.

Exports from Bahamas (Flag) to Singapore (Flag) (2023)

Exports from Singapore (Flag) to Bahamas (Flag) (2023)

Latest Data

Trade between Bahamas (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.07B
Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Bahamas than Singapore included Cote d'Ivoire ($418M), Guyana ($236M), and Dominican Republic ($125M).

In 2023, countries that imported more from Singapore than Bahamas included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

Difference in imports from Singapore (Flag) and Bahamas (Flag) (2023)

Comparative Advantage Bahamas - Singapore

Flow
Scale

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

During 2023, Bahamas had a large net trade with Singapore in the exports of Foodstuffs ($280k), Plastics and Rubbers ($4.63k), and Arts and Antiques ($3.73k).

During 2018, Singapore had a large net trade with Bahamas in the exports of Machines ($2.74M), Instruments ($447k), and Transportation ($395k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Singapore (Flag) (2023)

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