2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Sweden-Bahamas Trade: In 2022, Sweden exported $1.04M to Bahamas. The main products that Sweden exported to Bahamas were Surveying Equipment ($263k), Metal Finishing Machines ($117k), and Hard Liquor ($76.8k). Over the past 5 years the exports of Sweden to Bahamas have decreased at an annualized rate of 58.4%, from $83.6M in 2017 to $1.04M in 2022.

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

Bahamas-Sweden Trade: In 2022, Bahamas exported $2.39M to Sweden. The main products that Bahamas exported to Sweden were Other Hand Tools ($2.22M), Boat Propellers ($91.6k), and Iron Fasteners ($51.5k). Over the past 5 years the exports of Bahamas to Sweden have decreased at an annualized rate of 2.23%,  from $3.43M in 2017 to $2.39M in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.04M to Bahamas. The main products exported from Sweden to Bahamas were Surveying Equipment ($263k), Metal Finishing Machines ($117k), and Hard Liquor ($76.8k). During the last 5 years the exports of Sweden to Bahamas have decreased at an annualized rate of 58.4%, from $83.6M in 2017 to $1.04M in 2022.

In 2017, Bahamas exported $2.39M to Sweden. The main products exported from Bahamas to Sweden were Other Hand Tools ($2.22M), Boat Propellers ($91.6k), and Iron Fasteners ($51.5k). During the last 5 years the exports of Bahamas to Sweden have decreased at an annualized rate of 2.23%, from $3.43M in 2022 to $2.39M in 2017.

Exports from Sweden (Flag) to Bahamas (Flag) (2022)

Exports from Bahamas (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Bahamas
Top Destination
United States$1.4B

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 2022, countries that imported more from Sweden than Bahamas included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Bahamas than Sweden included Cote d'Ivoire ($576M), Seychelles ($20.5M), and Barbados ($30M).

Difference in imports from Bahamas (Flag) and Sweden (Flag) (2022)

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 2022, Sweden had a large net trade with Bahamas in the exports of Machines ($378k), Instruments ($300k), and Miscellaneous ($118k).

During 2017, Bahamas had a large net trade with Sweden in the exports of Metals ($2.27M), Machines ($92.3k), and Instruments ($20.3k).

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) (2022)

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