2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 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
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Bahamas-Uruguay Trade: In 2022, Bahamas exported $32 to Uruguay. The main products that Bahamas exported to Uruguay were Knit Women's Coats ($32). Over the past 6 years the exports of Bahamas to Uruguay have decreased at an annualized rate of 61.6%, from $9.92k in 2016 to $32 in 2022.

In 2022, Bahamas did not export any services to Uruguay.

Uruguay-Bahamas Trade: In 2022, Uruguay exported $458k to Bahamas. The main products that Uruguay exported to Bahamas were Plywood ($378k), Unpackaged Medicaments ($49k), and Office Machine Parts ($12.6k). Over the past 6 years the exports of Uruguay to Bahamas have increased at an annualized rate of 1.2%,  from $344k in 2016 to $458k in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $32 to Uruguay. The main products exported from Bahamas to Uruguay were Knit Women's Coats ($32). During the last 6 years the exports of Bahamas to Uruguay have decreased at an annualized rate of 61.6%, from $9.92k in 2016 to $32 in 2022.

In 2017, Uruguay exported $458k to Bahamas. The main products exported from Uruguay to Bahamas were Plywood ($378k), Unpackaged Medicaments ($49k), and Office Machine Parts ($12.6k). During the last 5 years the exports of Uruguay to Bahamas have increased at an annualized rate of 1.2%, from $344k in 2022 to $458k in 2017.

Exports from Bahamas (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Bahamas (Flag) (2022)

Latest Data

Trade between Bahamas (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.4B
Uruguay
Top Destination
China$2.89B

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

In 2022, countries that imported more from Bahamas than Uruguay included United States ($1.4B), Cote d'Ivoire ($576M), and Poland ($114M).

In 2022, countries that imported more from Uruguay than Bahamas included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

Difference in imports from Uruguay (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Uruguay

Flow
Scale

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

During 2022, Bahamas had a large net trade with Uruguay in the exports of Textiles ($32).

During 2017, Uruguay had a large net trade with Bahamas in the exports of Wood Products ($378k), Chemical Products ($49k), and Machines ($26.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and Uruguay (Flag) (2022)

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