Bahamas

PRODUCT EXPORTS (2018)

$1.17B

RANK 147 OF 222

EXPORTS PER CAPITA (2018)

$3.04K

RANK 163 OF 219

PRODUCT IMPORTS (2018)

$6.92B

RANK 116 OF 221

IMPORTS PER CAPITA (2018)

$17.9K

RANK 120 of 219

SERVICE EXPORTS (2018)

$3.74B

RANK 50 OF 88

SERVICE IMPORTS (2018)

$1.82B

RANK 62 OF 88

GDP (2018)

$12.4B

CURRENT US$
RANK 136 OF 196

GDP GROWTH (2008-2018)

18%

CURRENT US$
RANK 129 OF 196

GDP PC (2018)

$32,218

CURRENT US$
RANK 31 OF 196

GDP PC GROWTH (2008-2018)

5.19%

Overview: In 2018 Bahamas was the number 136 economy in the world in terms of GDP (current US$), the number 147 in total exports, and the number 116 in total imports. In 2018, Bahamas exported $1.17B and imported $6.92B, resulting in a negative trade balance of -$5.75B. In 2018, Bahamas’s exports per capita were $3.04k and its imports per capita were $17.9k.

Trade: The top exports of Bahamas are Passenger and Cargo Ships($349M), Refined Petroleum ($347M), Nitrogen Heterocyclic Compounds ($87.5M), Crustaceans ($83.7M), and Styrene Polymers($76.7M). The top imports of Bahamas are Passenger and Cargo Ships($2.12B), Refined Petroleum ($2.09B), Crude Petroleum ($445M), Cars($163M), and Coal Tar Oil ($70.1M).

Destinations: Bahamas exports mostly to Poland ($349M), United States ($301M), Germany ($72.3M), Ireland ($70.3M), and Angola($59.3M), and imports mostly from United States ($2.21B), South Korea($1.75B), Germany ($460M), Poland ($362M), and Colombia ($356M).

Location: Bahamas borders Cuba, Haiti, United States, and Turks and Caicos Islands by sea.

Exports

In 2018 Bahamas exported a total of $1.17B, making it the number 147 exporter in the world. During the last five reported years the exports of Bahamas have changed by -$2.71B from $3.89B in 2013 to $1.17B in 2018.

The most recent exports are led by Passenger and Cargo Ships ($349M), Refined Petroleum ($347M), Nitrogen Heterocyclic Compounds ($87.5M), Crustaceans ($83.7M), and Styrene Polymers ($76.7M).

Imports

In 2018 Bahamas imported $6.92B, making it the number 116 trade destination in the world. During the last five reported years the imports of Bahamas changed by -$906M from $7.82B in 2013 to $6.92B in 2018.

The most recent imports of Bahamas are led by Passenger and Cargo Ships ($2.12B), Refined Petroleum ($2.09B), Crude Petroleum ($445M), Cars ($163M), and Coal Tar Oil ($70.1M).

Trade Balance

As of 2018 the Bahamas had a negative trade balance of $5.94B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $794M in net imports.

Destinations

The most common destination for the exports of Bahamas are Poland ($349M), United States ($301M), Germany ($72.3M), Ireland ($70.3M), and Angola ($59.3M).

Origins

The most common import partners for Bahamas are United States ($2.21B), South Korea ($1.75B), Germany ($460M), Poland ($362M), and Colombia ($356M).