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2023
Flag → Flag
Exports $43.6MRnk 82 / 206
2023
Flag → Flag
Top Product $32.2MRefined Petroleum
2023
Flag → Flag
Exports $360kRnk 38 / 114
2023
Flag → Flag
Top Product $331kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 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 $52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195
2023
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GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

Finland-Bahamas Trade: In 2023, Finland exported $43.6M to Bahamas. The main products that Finland exported to Bahamas were Refined Petroleum ($32.2M), Electric Motors ($5.96M), and Electric Generating Sets ($2.85M). Over the past 5 years the exports of Finland to Bahamas have decreased at an annualized rate of 1.27%, from $46.5M in 2018 to $43.6M in 2023.

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

Bahamas-Finland Trade: In 2023, Bahamas exported $360k to Finland. The main products that Bahamas exported to Finland were Hard Liquor ($331k), Other Hand Tools ($21.1k), and Other Measuring Instruments ($2.7k). Over the past 5 years the exports of Bahamas to Finland have decreased at an annualized rate of 27.5%,  from $1.8M in 2018 to $360k in 2023.

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). 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, Finland exported $43.6M to Bahamas. The main products exported from Finland to Bahamas were Refined Petroleum ($32.2M), Electric Motors ($5.96M), and Electric Generating Sets ($2.85M). During the last 5 years the exports of Finland to Bahamas have decreased at an annualized rate of 1.27%, from $46.5M in 2018 to $43.6M in 2023.

In 2018, Bahamas exported $360k to Finland. The main products exported from Bahamas to Finland were Hard Liquor ($331k), Other Hand Tools ($21.1k), and Other Measuring Instruments ($2.7k). During the last 5 years the exports of Bahamas to Finland have decreased at an annualized rate of 27.5%, from $1.8M in 2023 to $360k in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Bahamas (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationUnited States$9.68B
Bahamas
Top DestinationUnited States$1.07B

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

In 2023, countries that imported more from Finland than Bahamas included Germany ($9.26B), United States ($9.68B), and Sweden ($8.13B).

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

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

Comparative Advantage Finland - Bahamas

Flow
Scale

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

During 2023, Finland had a large net trade with Bahamas in the exports of Mineral Products ($32.2M), Machines ($10M), and Metals ($650k).

During 2018, Bahamas had a large net trade with Finland in the exports of Foodstuffs ($331k), Metals ($21.1k), and Machines ($3.23k).

Economic Complexity

Competitive Landscape

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

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

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