2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
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GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
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GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

British Virgin Islands-Bahamas Trade: In 2022, British Virgin Islands exported $824k to Bahamas. The main products that British Virgin Islands exported to Bahamas were Hard Liquor ($761k), Air Pumps ($16.8k), and Telephones ($15.7k). Over the past 6 years the exports of British Virgin Islands to Bahamas have increased at an annualized rate of 66.4%, from $38.9k in 2016 to $824k in 2022.

In 2022, British Virgin Islands did not export any services to Bahamas.

Bahamas-British Virgin Islands Trade: In 2022, Bahamas exported $443 to British Virgin Islands. The main products that Bahamas exported to British Virgin Islands were N/A. Over the past 6 years the exports of Bahamas to British Virgin Islands have decreased at an annualized rate of 46.2%,  from $33.8k in 2016 to $443 in 2022.

In 2022, Bahamas did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M). That same year, Bahamas ranked 139 in total exports ($2.83B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $824k to Bahamas. The main products exported from British Virgin Islands to Bahamas were Hard Liquor ($761k), Air Pumps ($16.8k), and Telephones ($15.7k). During the last 6 years the exports of British Virgin Islands to Bahamas have increased at an annualized rate of 66.4%, from $38.9k in 2016 to $824k in 2022.

In 2015, Bahamas exported $443 to British Virgin Islands. There were not main exports from Bahamas to British Virgin Islands in 2015. During the last 5 years the exports of Bahamas to British Virgin Islands have decreased at an annualized rate of 46.2%, from $33.8k in 2020 to $443 in 2015.

Exports from British Virgin Islands (Flag) to Bahamas (Flag) (2022)

Exports from Bahamas (Flag) to British Virgin Islands (Flag) (2022)

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Bahamas
Top Destination
United States$1.4B

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

In 2022, countries that imported more from British Virgin Islands than Bahamas included Malta ($85.8M), Switzerland ($19.1M), and Egypt ($12.2M).

In 2022, countries that imported more from Bahamas than British Virgin Islands included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

Difference in imports from Bahamas (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Bahamas

Flow
Scale

This chart compares trade between British Virgin Islands and Bahamas by product, considering products traded by both, British Virgin Islands and Bahamas.

During 2022, British Virgin Islands had a large net trade with Bahamas in the exports of Foodstuffs ($761k), Machines ($40.8k), and Textiles ($12.8k).

During 2015, Bahamas had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Bahamas (Flag) (2022)

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