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2023
Flag → Flag
Exports $97MRnk 8 / 114
2023
Flag → Flag
Top Product $92MScrap Vessels
2023
Flag → Flag
Exports $8.95MRnk 164 / 216
2023
Flag → Flag
Top Product $3.77MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Bahamas-Thailand Trade: In 2023, Bahamas exported $97M to Thailand. The main products that Bahamas exported to Thailand were Scrap Vessels ($92M), Scrap Iron ($4.58M), and Cobalt ($362k). Over the past 5 years the exports of Bahamas to Thailand have increased at an annualized rate of 85.2%, from $4.45M in 2018 to $97M in 2023.

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

Thailand-Bahamas Trade: In 2023, Thailand exported $8.95M to Bahamas. The main products that Thailand exported to Bahamas were Processed Fish ($3.77M), Cars ($1.2M), and Fruit Juice ($798k). Over the past 5 years the exports of Thailand to Bahamas have increased at an annualized rate of 3.55%,  from $7.52M in 2018 to $8.95M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $97M to Thailand. The main products exported from Bahamas to Thailand were Scrap Vessels ($92M), Scrap Iron ($4.58M), and Cobalt ($362k). During the last 5 years the exports of Bahamas to Thailand have increased at an annualized rate of 85.2%, from $4.45M in 2018 to $97M in 2023.

In 2018, Thailand exported $8.95M to Bahamas. The main products exported from Thailand to Bahamas were Processed Fish ($3.77M), Cars ($1.2M), and Fruit Juice ($798k). During the last 5 years the exports of Thailand to Bahamas have increased at an annualized rate of 3.55%, from $7.52M in 2023 to $8.95M in 2018.

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

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

Latest Data

Trade between Bahamas (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.07B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Bahamas than Thailand included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Guyana ($236M).

In 2023, countries that imported more from Thailand than Bahamas included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Bahamas - Thailand

Flow
Scale

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

During 2023, Bahamas had a large net trade with Thailand in the exports of Transportation ($92M), Metals ($4.94M), and Precious Metals ($13.5k).

During 2018, Thailand had a large net trade with Bahamas in the exports of Foodstuffs ($5.63M), Transportation ($1.67M), and Vegetable Products ($517k).

Economic Complexity

Competitive Landscape

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

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

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