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Bahamas, The Trade Summary

2018

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 2018

Overall Exports and Imports for Bahamas, The 2018

Exports and imports of Bahamas, The in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 524 million.
  • The total value of imports (CIF) was 3,524 million.
  • At the HS6 digit level, 1,331 products were exported to 63 countries and 3,971 products were imported from 109 countries.

Bahamas, The top 5 Export and Import partners 2018

Top five countries to which Bahamas, The exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Bahamas, The exports to United States worth US$ 392 million, with a partner share of 74.72 percent.
  2. Bahamas, The exports to Ireland worth US$ 29 million, with a partner share of 5.52 percent.
  3. Bahamas, The exports to Panama worth US$ 28 million, with a partner share of 5.36 percent.
  4. Bahamas, The exports to Turks and Caicos Isl. worth US$ 19 million, with a partner share of 3.59 percent.
  5. Bahamas, The exports to France worth US$ 11 million, with a partner share of 2.17 percent.

Top five countries from which Bahamas, The imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Bahamas, The imports from United States worth US$ 2,955 million, with a partner share of 83.85 percent.
  2. Bahamas, The imports from Unspecified worth US$ 123 million, with a partner share of 3.49 percent.
  3. Bahamas, The imports from China worth US$ 54 million, with a partner share of 1.53 percent.
  4. Bahamas, The imports from United Kingdom worth US$ 51 million, with a partner share of 1.44 percent.
  5. Bahamas, The imports from Japan worth US$ 37 million, with a partner share of 1.04 percent.

Bahamas, The Top 5 Productsexports imports at HS 6 digit level 2018

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$ 101,550.45 million.
  2. Bahamas, The exported Expansible polystyrene, in primary forms , worth US$ 80,955.95 million.
  3. Bahamas, The exported Frozen rock lobster and other sea crawfish , worth US$ 74,541.33 million.
  4. Bahamas, The exported Compounds with pyrimidine or piperazine ring; n , worth US$ 62,765.21 million.
  5. Bahamas, The exported Rowing boats, canoes, sculls and other pleasure , worth US$ 29,309.97 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$ 564,993.63 million.
  2. Bahamas, The imported Automobiles with reciprocating piston engine di , worth US$ 47,245.63 million.
  3. Bahamas, The imported Sanitary towels and tampons, napkins and napkin , worth US$ 42,922.32 million.
  4. Bahamas, The imported Other bread, etc, nes; communion wafers, rice p , worth US$ 33,104.41 million.
  5. Bahamas, The imported Winches or capstans nes powered by electric mot , worth US$ 29,704.82 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Bahamas, The in 2018 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 23.66 percent.
  • The trade weighted average tariff was 17.05 .
  • The total duty free imports in thousands of US dollars were 1,321,770.57 and duty free tariff line items share was 38.16 percent.

Development Indicators 2018

Key Development Indicators of Bahamas, The in 2018 are below

  • Bahamas, The GDP in current US dollar was 12,654 million.
  • GNI per capita, Atlas method (current US$) was 29,440.00 .
  • Bahamas, The Trade balance: as % of GDP was -4.32.
  • Trade balance in current US$ was -546.00 million.
  • Trade as percentage of GDP was 76.17 .
  • Trade in services as percentage of GDP was 46.70 .

Trade Indicators 2018

Trade Indicators for Bahamas, The in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 1.43.
  • World Growth in percentage was 4.83 and Bahamas, The Country Growth was 12.99 .