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2022
Flag → Flag
Exports $1.4BRnk 1 / 112
2022
Flag → Flag
Top Product $1.04BRefined Petroleum
2022
Flag → Flag
Exports $5.01BRnk 45 / 219
2022
Flag → Flag
Top Product $2.72BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Bahamas-United States Trade: In 2022, Bahamas exported $1.4B to United States. The main products that Bahamas exported to United States were Refined Petroleum ($1.04B), Documents of title (bonds etc) and unused stamps ($92.1M), and Styrene Polymers ($76.2M). Over the past 5 years the exports of Bahamas to United States have increased at an annualized rate of 29.4%, from $385M in 2017 to $1.4B in 2022.

In 2022, Bahamas did not export any services to United States.

United States-Bahamas Trade: In 2022, United States exported $5.01B to Bahamas. The main products that United States exported to Bahamas were Refined Petroleum ($2.72B), Recreational Boats ($233M), and Crude Petroleum ($102M). Over the past 5 years the exports of United States to Bahamas have increased at an annualized rate of 5.74%,  from $2.87B in 2017 to $5.01B in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $1.4B to United States. The main products exported from Bahamas to United States were Refined Petroleum ($1.04B), Documents of title (bonds etc) and unused stamps ($92.1M), and Styrene Polymers ($76.2M). During the last 5 years the exports of Bahamas to United States have increased at an annualized rate of 29.4%, from $385M in 2017 to $1.4B in 2022.

In 2017, United States exported $5.01B to Bahamas. The main products exported from United States to Bahamas were Refined Petroleum ($2.72B), Recreational Boats ($233M), and Crude Petroleum ($102M). During the last 5 years the exports of United States to Bahamas have increased at an annualized rate of 5.74%, from $2.87B in 2022 to $5.01B in 2017.

Exports from Bahamas (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Bahamas (Flag) (2022)

Latest Data

Trade between Bahamas (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Bahamas than from United States.

In 2022, countries that imported more from United States than Bahamas included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - United States

Flow
Scale

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

During 2022, Bahamas had a large net trade with United States in the exports of Mineral Products ($1.1B), Paper Goods ($92.2M), and Plastics and Rubbers ($77.9M).

During 2017, United States had a large net trade with Bahamas in the exports of Mineral Products ($2.95B), Transportation ($353M), and Machines ($319M).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and United States (Flag) (2022)

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