2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Bahamas-Chinese Taipei Trade: In 2022, Bahamas exported $571k to Chinese Taipei. The main products that Bahamas exported to Chinese Taipei were Scrap Iron ($571k) and Motor vehicles; parts and accessories (8701 to 8705) ($168). Over the past 5 years the exports of Bahamas to Chinese Taipei have increased at an annualized rate of 7.21%, from $403k in 2017 to $571k in 2022.

In 2022, Bahamas did not export any services to Chinese Taipei.

Chinese Taipei-Bahamas Trade: In 2022, Chinese Taipei exported $2.23M to Bahamas. The main products that Chinese Taipei exported to Bahamas were Cars ($1.35M), Other Plastic Products ($209k), and Delivery Trucks ($119k). Over the past 5 years the exports of Chinese Taipei to Bahamas have increased at an annualized rate of 19%,  from $937k in 2017 to $2.23M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $571k to Chinese Taipei. The main products exported from Bahamas to Chinese Taipei were Scrap Iron ($571k) and Motor vehicles; parts and accessories (8701 to 8705) ($168). During the last 5 years the exports of Bahamas to Chinese Taipei have increased at an annualized rate of 7.21%, from $403k in 2017 to $571k in 2022.

In 2017, Chinese Taipei exported $2.23M to Bahamas. The main products exported from Chinese Taipei to Bahamas were Cars ($1.35M), Other Plastic Products ($209k), and Delivery Trucks ($119k). During the last 5 years the exports of Chinese Taipei to Bahamas have increased at an annualized rate of 19%, from $937k in 2022 to $2.23M in 2017.

Exports from Bahamas (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Bahamas (Flag) (2022)

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Chinese Taipei
Top Destination
China$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Bahamas included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Chinese Taipei

Flow
Scale

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

During 2022, Bahamas had a large net trade with Chinese Taipei in the exports of Metals ($571k) and Transportation ($168).

During 2017, Chinese Taipei had a large net trade with Bahamas in the exports of Transportation ($1.53M), Plastics and Rubbers ($451k), and Machines ($147k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Chinese Taipei (Flag) (2022)

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