2023
Flag  
GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC 
$35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Bahamas-South Africa Trade: In 2023, Bahamas exported $195k to South Africa. The main products that Bahamas exported to South Africa were Refined Petroleum ($139k), Party Decorations ($34.4k), and Hard Liquor ($6.99k). Over the past 5 years the exports of Bahamas to South Africa have decreased at an annualized rate of 23.5%, from $744k in 2018 to $195k in 2023.

In 2023, Bahamas did not export any services to South Africa.

South Africa-Bahamas Trade: In 2023, South Africa exported $22M to Bahamas. The main products that South Africa exported to Bahamas were Refined Petroleum ($16.2M), Planes, Helicopters, and/or Spacecraft ($2.13M), and Recreational Boats ($1.15M). Over the past 5 years the exports of South Africa to Bahamas have increased at an annualized rate of 12.1%,  from $12.4M in 2018 to $22M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bahamas exported $195k to South Africa. The main products exported from Bahamas to South Africa were Refined Petroleum ($139k), Party Decorations ($34.4k), and Hard Liquor ($6.99k). During the last 5 years the exports of Bahamas to South Africa have decreased at an annualized rate of 23.5%, from $744k in 2018 to $195k in 2023.

In 2018, South Africa exported $22M to Bahamas. The main products exported from South Africa to Bahamas were Refined Petroleum ($16.2M), Planes, Helicopters, and/or Spacecraft ($2.13M), and Recreational Boats ($1.15M). During the last 5 years the exports of South Africa to Bahamas have increased at an annualized rate of 12.1%, from $12.4M in 2023 to $22M in 2018.

Exports from Bahamas (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Bahamas (Flag) (2023)

Latest Data

Trade between Bahamas (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Bahamas
Top Destination
United States$1.07B
South Africa
Top Destination
China$29.5B

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

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

In 2023, countries that imported more from South Africa than Bahamas included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa (Flag) and Bahamas (Flag) (2023)

Comparative Advantage Bahamas - South Africa

Flow
Scale

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

During 2023, Bahamas had a large net trade with South Africa in the exports of Mineral Products ($139k), Miscellaneous ($34.5k), and Foodstuffs ($12.7k).

During 2018, South Africa had a large net trade with Bahamas in the exports of Mineral Products ($16.2M), Transportation ($3.84M), and Foodstuffs ($674k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahamas (Flag) and South Africa (Flag) (2023)

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