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Bahamas, The Trade Summary

2014

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 2014

Overall Exports and Imports for Bahamas, The 2014

Exports and imports of Bahamas, The in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 689 million.
  • The total value of imports (CIF) was 3,790 million.
  • At the HS6 digit level, 1,155 products were exported to 64 countries and 3,783 products were imported from 100 countries.

Bahamas, The top 5 Export and Import partners 2014

Top five countries to which Bahamas, The exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Bahamas, The exports to United States worth US$ 570 million, with a partner share of 82.69 percent.
  2. Bahamas, The exports to France worth US$ 26 million, with a partner share of 3.75 percent.
  3. Bahamas, The exports to Ireland worth US$ 25 million, with a partner share of 3.64 percent.
  4. Bahamas, The exports to Canada worth US$ 14 million, with a partner share of 2.08 percent.
  5. Bahamas, The exports to Ghana worth US$ 9 million, with a partner share of 1.29 percent.

Top five countries from which Bahamas, The imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Bahamas, The imports from United States worth US$ 3,251 million, with a partner share of 85.77 percent.
  2. Bahamas, The imports from Barbados worth US$ 97 million, with a partner share of 2.56 percent.
  3. Bahamas, The imports from Trinidad and Tobago worth US$ 57 million, with a partner share of 1.51 percent.
  4. Bahamas, The imports from Japan worth US$ 29 million, with a partner share of 0.76 percent.
  5. Bahamas, The imports from Unspecified worth US$ 29 million, with a partner share of 0.76 percent.

Bahamas, The Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. Bahamas, The exported Expansible polystyrene, in primary forms , worth US$ 171,227.86 million.
  2. Bahamas, The exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 165,315.70 million.
  3. Bahamas, The exported Compounds with pyrimidine or piperazine ring; n , worth US$ 73,069.91 million.
  4. Bahamas, The exported Frozen rock lobster and other sea crawfish , worth US$ 60,338.46 million.
  5. Bahamas, The exported Salt and pure sodium chloride; sea water , worth US$ 31,076.50 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$ 845,892.74 million.
  2. Bahamas, The imported Automobiles with reciprocating piston engine di , worth US$ 51,188.31 million.
  3. Bahamas, The imported Plates..., of polymers of styrene, not reinforc , worth US$ 41,222.66 million.
  4. Bahamas, The imported Other inorganic compounds; liquid air; compress , worth US$ 35,584.89 million.
  5. Bahamas, The imported Waste, parings and scrap, of polymers of styren , worth US$ 35,284.32 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Bahamas, The in 2014 are below

  • The maximum rate of tariff in percentage on any product was 85 percent.
  • The simple average tariff across all products was 30.36 percent.
  • The trade weighted average tariff was 19.71 .
  • The total duty free imports in thousands of US dollars were 1,230,980.61 and duty free tariff line items share was 24.77 percent.

Development Indicators 2014

Key Development Indicators of Bahamas, The in 2014 are below

  • Bahamas, The GDP in current US dollar was 11,176 million.
  • GNI per capita, Atlas method (current US$) was 26,840.00 .
  • Bahamas, The Trade balance: as % of GDP was -8.23.
  • Trade balance in current US$ was -919.00 million.
  • Trade as percentage of GDP was 83.65 .
  • Trade in services as percentage of GDP was 39.84 .

Trade Indicators 2014

Trade Indicators for Bahamas, The in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 1.48.
  • World Growth in percentage was 0.23 and Bahamas, The Country Growth was 9.35 .