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Bahamas, The Trade Summary

2002

Bahamas, The exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BAHAMAS, THE 2002

Overall Exports and Imports for Bahamas, The 2002

Exports and imports of Bahamas, The in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 389 million.
  • The total value of imports (CIF) was 1,838 million.
  • At the HS6 digit level, 1,168 products were exported to 63 countries and 4,074 products were imported from 81 countries.

Bahamas, The top 5 Export and Import partners 2002

Top five countries to which Bahamas, The exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Bahamas, The exports to United States worth US$ 303 million, with a partner share of 77.88 percent.
  2. Bahamas, The exports to France worth US$ 26 million, with a partner share of 6.76 percent.
  3. Bahamas, The exports to United Kingdom worth US$ 17 million, with a partner share of 4.26 percent.
  4. Bahamas, The exports to Germany worth US$ 14 million, with a partner share of 3.52 percent.
  5. Bahamas, The exports to Spain worth US$ 9 million, with a partner share of 2.37 percent.

Top five countries from which Bahamas, The imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Bahamas, The imports from United States worth US$ 1,674 million, with a partner share of 91.06 percent.
  2. Bahamas, The imports from Netherlands Antilles worth US$ 36 million, with a partner share of 1.93 percent.
  3. Bahamas, The imports from Japan worth US$ 19 million, with a partner share of 1.02 percent.
  4. Bahamas, The imports from Canada worth US$ 11 million, with a partner share of 0.61 percent.
  5. Bahamas, The imports from Venezuela worth US$ 11 million, with a partner share of 0.58 percent.

Bahamas, The Top 5 Productsexports imports at HS 6 digit level 2002

The top five exported HS 6 digit level products to world by Bahamas, The along with trade value are:

  1. Bahamas, The exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 90,575.44 million.
  2. Bahamas, The exported Frozen rock lobster and other sea crawfish , worth US$ 89,059.65 million.
  3. Bahamas, The exported Expansible polystyrene, in primary forms , worth US$ 75,581.03 million.
  4. Bahamas, The exported Rum and tafia , worth US$ 37,760.87 million.
  5. Bahamas, The exported Salt and pure sodium chloride; sea water , worth US$ 8,393.19 million.

The top five imported HS 6 digit level products from world by Bahamas, The along with trade value are

  1. Bahamas, The imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 229,174.63 million.
  2. Bahamas, The imported Automobiles with reciprocating piston engine di , worth US$ 24,302.84 million.
  3. Bahamas, The imported Parts of electrical apparatus for line telephon , worth US$ 22,350.34 million.
  4. Bahamas, The imported Substances of human or animal origin, for proph , worth US$ 21,682.15 million.
  5. Bahamas, The imported Other food preparations, nes , worth US$ 21,403.45 million.

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Bahamas, The in 2002 are below

  • The maximum rate of tariff in percentage on any product was 260 percent.
  • The simple average tariff across all products was 28.99 percent.
  • The trade weighted average tariff was 25.02 .
  • The total duty free imports in thousands of US dollars were 209,860.95 and duty free tariff line items share was 12.73 percent.

Development Indicators 2002

Key Development Indicators of Bahamas, The in 2002 are below

  • Bahamas, The GDP in current US dollar was 8,881 million.
  • GNI per capita, Atlas method (current US$) was 25,040.00 .
  • Bahamas, The Trade balance: as % of GDP was 2.07.
  • Trade balance in current US$ was 184.00 million.
  • Trade as percentage of GDP was 70.28 .
  • Trade in services as percentage of GDP was 34.66 .

Trade Indicators 2002

Trade Indicators for Bahamas, The in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 1.52.
  • World Growth in percentage was 2.45 and Bahamas, The Country Growth was 8.65 .