Italy (ITA) and Bahamas (BHS) Trade | The Observatory of Economic Complexity

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Italy-Bahamas Trade: In 2022, Italy exported $134M to Bahamas. The main products that Italy exported to Bahamas were Refined Petroleum ($110M), Iron Structures ($3.59M), and Wine ($2.36M). Over the past 5 years the exports of Italy to Bahamas have increased at an annualized rate of 14%, from $69.8M in 2017 to $134M in 2022.

In 2022, Italy did not export any services to Bahamas.

Bahamas-Italy Trade: In 2022, Bahamas exported $1.77M to Italy. The main products that Bahamas exported to Italy were Hard Liquor ($601k), Perfume Plants ($594k), and Other Inedible Animal Products ($121k). Over the past 5 years the exports of Bahamas to Italy have increased at an annualized rate of 23.7%, from $612k in 2017 to $1.77M in 2022.

In 2022, Bahamas did not export any services to Italy.

Comparison In 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, Italy exported €N/A and imported €N/A from Bahamas, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Bahamas were . In N/A the top imports of Italy from Bahamas were .

Growth In N/A, the N/A in Italy's year-by-year exports to Bahamas was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from Bahamas was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Italy exported $134M to Bahamas. The main products exported from Italy to Bahamas were Refined Petroleum ($110M), Iron Structures ($3.59M), and Wine ($2.36M). During the last 5 years the exports of Italy to Bahamas have increased at an annualized rate of 14%, from $69.8M in 2017 to $134M in 2022.

In 2017, Bahamas exported $1.77M to Italy. The main products exported from Bahamas to Italy were Hard Liquor ($601k), Perfume Plants ($594k), and Other Inedible Animal Products ($121k). During the last 5 years the exports of Bahamas to Italy have increased at an annualized rate of 23.7%, from $612k in 2022 to $1.77M in 2017.

Exports from Italy () to Bahamas () (2022)

Exports from Bahamas () to Italy () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$78.5B

Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Italy than Bahamas included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Bahamas than Italy included Cote d'Ivoire ($576M) and Barbados ($30M).

Difference in imports from Bahamas () and Italy () (2022)

Comparative Advantage Italy - Bahamas

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Italy had a large net trade with Bahamas in the exports of Mineral Products ($110M), Metals ($4.72M), and Machines ($3.51M).

During 2017, Bahamas had a large net trade with Italy in the exports of Foodstuffs ($601k), Vegetable Products ($594k), and Precious Metals ($141k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Bahamas () (2022)

Exports from Bahamas () to Italy () (2022)

Market Competitiveness

Difference in imports from Bahamas () and Italy () (2022)

Comparative Advantage Italy - Bahamas

Economic Complexity

Competitive Landscape

Product Space of Italy () and Bahamas () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Bahamas () (2022)

Exports from Bahamas () to Italy () (2022)

Market Competitiveness

Difference in imports from Bahamas () and Italy () (2022)

Comparative Advantage Italy - Bahamas

Economic Complexity

Competitive Landscape

Product Space of Italy () and Bahamas () (2022)

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