2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 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

Sweden-Bahamas Trade: In 2023, Sweden exported $4.2M to Bahamas. The main products that Sweden exported to Bahamas were Refined Petroleum ($1.74M), Ball Bearings ($907k), and Liquid Dispersing Machines ($329k). Over the past 5 years the exports of Sweden to Bahamas have increased at an annualized rate of 2.7%, from $3.68M in 2018 to $4.2M in 2023.

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

Bahamas-Sweden Trade: In 2023, Bahamas exported $18.7k to Sweden. The main products that Bahamas exported to Sweden were Excavation Machinery ($3.44k), Surveying Equipment ($3.02k), and Hard Liquor ($2.83k). Over the past 5 years the exports of Bahamas to Sweden have decreased at an annualized rate of 36.3%,  from $178k in 2018 to $18.7k in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). 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, Sweden exported $4.2M to Bahamas. The main products exported from Sweden to Bahamas were Refined Petroleum ($1.74M), Ball Bearings ($907k), and Liquid Dispersing Machines ($329k). During the last 5 years the exports of Sweden to Bahamas have increased at an annualized rate of 2.7%, from $3.68M in 2018 to $4.2M in 2023.

In 2018, Bahamas exported $18.7k to Sweden. The main products exported from Bahamas to Sweden were Excavation Machinery ($3.44k), Surveying Equipment ($3.02k), and Hard Liquor ($2.83k). During the last 5 years the exports of Bahamas to Sweden have decreased at an annualized rate of 36.3%, from $178k in 2023 to $18.7k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Bahamas
Top Destination
United States$1.07B

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

In 2023, countries that imported more from Sweden than Bahamas included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - Bahamas

Flow
Scale

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

During 2023, Sweden had a large net trade with Bahamas in the exports of Mineral Products ($1.74M), Machines ($1.73M), and Foodstuffs ($229k).

During 2018, Bahamas had a large net trade with Sweden in the exports of Machines ($9.28k), Instruments ($3.11k), and Foodstuffs ($2.83k).

Economic Complexity

Competitive Landscape

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

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

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