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2023
Flag → Flag
Exports $17.7MRnk 151 / 220
2023
Flag → Flag
Top Product $8.49MFishing Ships
2023
Flag → Flag
Exports $368kRnk 37 / 114
2023
Flag → Flag
Top Product $189kOther Inedible Animal Products
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

Spain-Bahamas Trade: In 2023, Spain exported $17.7M to Bahamas. The main products that Spain exported to Bahamas were Fishing Ships ($8.49M), Unglazed Ceramics ($1.13M), and Other Furniture ($846k). Over the past 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 40.4%, from $236M in 2018 to $17.7M in 2023.

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

Bahamas-Spain Trade: In 2023, Bahamas exported $368k to Spain. The main products that Bahamas exported to Spain were Other Inedible Animal Products ($189k), Other Floating Structures ($44.4k), and Paintings ($41.9k). Over the past 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 29.9%,  from $2.17M in 2018 to $368k in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €461k and imported €153k from Bahamas, resulting in a positive trade balance of €308k. Between December 2023 and December 2024 the exports of Spain have increased by €89.6k (24.1%) from €372k to €461k, while imports increased by €142k (1.24k%) from €11.4k to €153k.

Trade In December 2024, the top exports of Spain to Bahamas were Refined Petroleum (€26.9M), Centrifuges (€1.36M), Machinery parts, not containing electrical connectors,... (€73.1k), Wood Carpentry (€67.3k), and Office Machine Parts (€56.4k). In December 2024 the top imports of Spain from Bahamas were Other Inedible Animal Products (€5.19k), Recreational Boats (€2.9k), Electric Motors (€665), Non-Knit Men's Suits (€161), and Textile Footwear (€159).

Origins In December 2024 the exports of Spain were mainly from Castellón (€165k), Barcelona (€122k), Málaga (€73.6k), Cantabria (Santander) (€45.2k), and Guipúzcoa (€21.7k), while imports destinations were mainly Huelva (€139k), Pontevedra (€7.19k), Sin provincia asignada (€5k), A Coruña (€1.88k), and Madrid (€243).

Growth In December 2024, the increase in Spain's year-by-year exports to Bahamas was explained primarily by an increase in product exports in Wood Carpentry (€18.7k or 38.4%) and Padlocks (€7.5k or 618%). In December 2024, the increase in Spain's year-by-year imports  from Bahamas was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€89.6k(24.1%)
IMPORT GROWTH (December 2023 - December 2024)€142k(1.24k%)
MAIN EXPORTER (December 2024)Castellón€165k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Bahamas and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $17.7M to Bahamas. The main products exported from Spain to Bahamas were Fishing Ships ($8.49M), Unglazed Ceramics ($1.13M), and Other Furniture ($846k). During the last 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 40.4%, from $236M in 2018 to $17.7M in 2023.

In 2018, Bahamas exported $368k to Spain. The main products exported from Bahamas to Spain were Other Inedible Animal Products ($189k), Other Floating Structures ($44.4k), and Paintings ($41.9k). During the last 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 29.9%, from $2.17M in 2023 to $368k in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Bahamas
Top DestinationUnited States$1.07B

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

In 2023, countries that imported more from Spain than Bahamas included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Bahamas

Flow
Scale

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

During 2023, Spain had a large net trade with Bahamas in the exports of Transportation ($8.65M), Stone And Glass ($1.8M), and Machines ($1.78M).

During 2018, Bahamas had a large net trade with Spain in the exports of Animal Products ($189k), Transportation ($44.4k), and Arts and Antiques ($41.9k).

Economic Complexity

Competitive Landscape

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

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

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