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Pricing

2022
Flag → Flag
Exports $31.4MRnk 145 / 224
2022
Flag → Flag
Top Product $3.5MPackaged Medicaments
2022
Flag → Flag
Exports $7.18MRnk 18 / 112
2022
Flag → Flag
Top Product $3.26MStyrene Polymers
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

United Kingdom-Bahamas Trade: In 2022, United Kingdom exported $31.4M to Bahamas. The main products that United Kingdom exported to Bahamas were Packaged Medicaments ($3.5M), Baked Goods ($3.08M), and Paintings ($1.79M). Over the past 5 years the exports of United Kingdom to Bahamas have decreased at an annualized rate of 5.75%, from $42.2M in 2017 to $31.4M in 2022.

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

Bahamas-United Kingdom Trade: In 2022, Bahamas exported $7.18M to United Kingdom. The main products that Bahamas exported to United Kingdom were Styrene Polymers ($3.26M), Crustaceans ($2.09M), and Electric Generating Sets ($500k). Over the past 5 years the exports of Bahamas to United Kingdom have decreased at an annualized rate of 7.55%,  from $10.6M in 2017 to $7.18M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, United Kingdom exported £2.77M and imported £222k from Bahamas, resulting in a positive trade balance of £2.54M. Between July 2023 and July 2024 the exports of United Kingdom have increased by £795k (40.3%) from £1.97M to £2.77M, while imports increased by £219k (6.36k%) from £3.44k to £222k.

Trade In July 2024, the top exports of United Kingdom to Bahamas were Electric Generating Sets (£404k), Packaged Medicaments (£249k), Stone Processing Machines (£174k), Large Iron Containers (£161k), and Other Furniture (£96.8k). In July 2024 the top imports of United Kingdom from Bahamas were Paintings (£136k), Metalworking Machines (£74.6k), Tractors (£43.8k), Liquid Dispersing Machines (£25.3k), and Sculptures (£20.3k).

Origins In July 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£1.29M), London Gateway (£631k), Southampton (£319k), Manchester Airport (£283k), and Middlesbrough (£108k), while imports destinations were mainly Birmingham Airport (£114k), Felixstowe (£51.4k), London Stansted Airport (£33.9k), Manchester Airport (£16.5k), and Dover (£6.15k).

Growth In July 2024, the increase in United Kingdom's year-by-year exports to Bahamas was explained primarily by an increase in product exports in Electric Generating Sets (£291k or 257%), Soap (£57.7k or 9.9k%), and Hard Liquor (£15.8k or 258%). In July 2024, the increase in United Kingdom's year-by-year imports  from Bahamas was explained primarily by an increase in product imports  in Paintings (£123k or 910%) and Commodities not elsewhere specified (£661 or 30.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)£795k(40.3%)
IMPORT GROWTH (July 2023 - July 2024)£219k(6.36k%)
MAIN EXPORTER (July 2024)London Heathrow Airport£1.29M

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

To check Bahamas and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bahamas and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $31.4M to Bahamas. The main products exported from United Kingdom to Bahamas were Packaged Medicaments ($3.5M), Baked Goods ($3.08M), and Paintings ($1.79M). During the last 5 years the exports of United Kingdom to Bahamas have decreased at an annualized rate of 5.75%, from $42.2M in 2017 to $31.4M in 2022.

In 2017, Bahamas exported $7.18M to United Kingdom. The main products exported from Bahamas to United Kingdom were Styrene Polymers ($3.26M), Crustaceans ($2.09M), and Electric Generating Sets ($500k). During the last 5 years the exports of Bahamas to United Kingdom have decreased at an annualized rate of 7.55%, from $10.6M in 2022 to $7.18M in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from United Kingdom than Bahamas included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Bahamas than United Kingdom included Cote d'Ivoire ($576M).

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

Comparative Advantage United Kingdom - Bahamas

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Bahamas in the exports of Foodstuffs ($7.07M), Chemical Products ($5.65M), and Machines ($4.62M).

During 2017, Bahamas had a large net trade with United Kingdom in the exports of Plastics and Rubbers ($3.3M), Animal Products ($2.1M), and Machines ($694k).

Economic Complexity

Competitive Landscape

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

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

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