Thailand (THA) and Bahamas (BHS) Trade | The Observatory of Economic Complexity

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Thailand-Bahamas Trade: In 2022, Thailand exported $8.43M to Bahamas. The main products that Thailand exported to Bahamas were Processed Fish ($3.23M), Fruit Juice ($1.32M), and Flavored Water ($1.16M). Over the past 5 years the exports of Thailand to Bahamas have increased at an annualized rate of 0.43%, from $8.26M in 2017 to $8.43M in 2022.

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

Bahamas-Thailand Trade: In 2022, Bahamas exported $185M to Thailand. The main products that Bahamas exported to Thailand were Scrap Vessels ($86.9M), Passenger and Cargo Ships ($81.9M), and Cobalt ($8.67M). Over the past 5 years the exports of Bahamas to Thailand have increased at an annualized rate of 141%, from $2.26M in 2017 to $185M in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $8.43M to Bahamas. The main products exported from Thailand to Bahamas were Processed Fish ($3.23M), Fruit Juice ($1.32M), and Flavored Water ($1.16M). During the last 5 years the exports of Thailand to Bahamas have increased at an annualized rate of 0.43%, from $8.26M in 2017 to $8.43M in 2022.

In 2017, Bahamas exported $185M to Thailand. The main products exported from Bahamas to Thailand were Scrap Vessels ($86.9M), Passenger and Cargo Ships ($81.9M), and Cobalt ($8.67M). During the last 5 years the exports of Bahamas to Thailand have increased at an annualized rate of 141%, from $2.26M in 2022 to $185M in 2017.

Exports from Thailand () to Bahamas () (2022)

Exports from Bahamas () to Thailand () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Thailand than Bahamas included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Bahamas than Thailand included Cote d'Ivoire ($576M), Barbados ($30M), and Bermuda ($3.41M).

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

Comparative Advantage Thailand - Bahamas

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Bahamas in the exports of Foodstuffs ($6.42M), Transportation ($809k), and Vegetable Products ($368k).

During 2017, Bahamas had a large net trade with Thailand in the exports of Transportation ($169M), Metals ($15M), and Mineral Products ($1.27M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Thailand () to Bahamas () (2022)

Exports from Bahamas () to Thailand () (2022)

Market Competitiveness

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

Comparative Advantage Thailand - Bahamas

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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