2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH
37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 77 / 195

About

Chile-Bahamas Trade: In 2023, Chile exported $869k to Bahamas. The main products that Chile exported to Bahamas were Wine ($483k), Shaped Wood ($172k), and Malt Extract ($91.7k). Over the past 5 years the exports of Chile to Bahamas have decreased at an annualized rate of 25.9%, from $3.9M in 2018 to $869k in 2023.

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

Bahamas-Chile Trade: In 2023, Bahamas exported $5.03k to Chile. The main products that Bahamas exported to Chile were Motor vehicles; parts and accessories (8701 to 8705) ($3.1k), Liquid Pumps ($463), and Audio Alarms ($324). Over the past 5 years the exports of Bahamas to Chile have decreased at an annualized rate of 2.01%,  from $5.92k in 2018 to $5.03k in 2023.

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

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $869k to Bahamas. The main products exported from Chile to Bahamas were Wine ($483k), Shaped Wood ($172k), and Malt Extract ($91.7k). During the last 5 years the exports of Chile to Bahamas have decreased at an annualized rate of 25.9%, from $3.9M in 2018 to $869k in 2023.

In 2018, Bahamas exported $5.03k to Chile. The main products exported from Bahamas to Chile were Motor vehicles; parts and accessories (8701 to 8705) ($3.1k), Liquid Pumps ($463), and Audio Alarms ($324). During the last 5 years the exports of Bahamas to Chile have decreased at an annualized rate of 2.01%, from $5.92k in 2023 to $5.03k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Bahamas
Top Destination
United States$1.07B

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

In 2023, countries that imported more from Chile than Bahamas included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

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

Comparative Advantage Chile - Bahamas

Flow
Scale

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

During 2023, Chile had a large net trade with Bahamas in the exports of Foodstuffs ($635k), Wood Products ($194k), and Machines ($25.1k).

During 2018, Bahamas had a large net trade with Chile in the exports of Transportation ($3.1k), Machines ($1.53k), and Textiles ($257).

Economic Complexity

Competitive Landscape

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

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

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