Loading..

Bahamas, The Trade Summary

2020

Bahamas, The exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2020

Overall Exports and Imports for Bahamas, The 2020

Exports and imports of Bahamas, The in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 339 million.
  • The total value of imports (CIF) was 2,205 million.
  • At the HS6 digit level, 879 products were exported to 35 countries and 3,853 products were imported from 111 countries.

Bahamas, The top 5 Export and Import partners 2020

Top five countries to which Bahamas, The exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Bahamas, The exports to United States worth US$ 269 million, with a partner share of 79.26 percent.
  2. Bahamas, The exports to Unspecified worth US$ 26 million, with a partner share of 7.65 percent.
  3. Bahamas, The exports to France worth US$ 21 million, with a partner share of 6.25 percent.
  4. Bahamas, The exports to Turks and Caicos Isl. worth US$ 13 million, with a partner share of 3.87 percent.
  5. Bahamas, The exports to United Kingdom worth US$ 3 million, with a partner share of 0.85 percent.

Top five countries from which Bahamas, The imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Bahamas, The imports from United States worth US$ 1,760 million, with a partner share of 79.80 percent.
  2. Bahamas, The imports from Unspecified worth US$ 62 million, with a partner share of 2.81 percent.
  3. Bahamas, The imports from Canada worth US$ 51 million, with a partner share of 2.31 percent.
  4. Bahamas, The imports from Turks and Caicos Isl. worth US$ 51 million, with a partner share of 2.29 percent.
  5. Bahamas, The imports from China worth US$ 34 million, with a partner share of 1.54 percent.

Bahamas, The Top 5 Productsexports imports at HS 6 digit level 2020

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$ 96,324.39 million.
  2. Bahamas, The exported Expansible polystyrene, in primary forms , worth US$ 54,955.40 million.
  3. Bahamas, The exported Pile floor coverings of man-made textiles, wove , worth US$ 28,725.30 million.
  4. Bahamas, The exported Frozen rock lobster and other sea crawfish , worth US$ 22,280.91 million.
  5. Bahamas, The exported Salt and pure sodium chloride; sea water , worth US$ 15,941.84 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$ 376,159.88 million.
  2. Bahamas, The imported Automobiles with reciprocating piston engine di , worth US$ 33,466.85 million.
  3. Bahamas, The imported Other food preparations, nes , worth US$ 22,781.52 million.
  4. Bahamas, The imported Other bread, etc, nes; communion wafers, rice p , worth US$ 21,334.10 million.
  5. Bahamas, The imported Transmission apparatus, for radioteleph incorpo , worth US$ 20,286.41 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Bahamas, The in 2020 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2020

Key Development Indicators of Bahamas, The in 2020 are below

  • Bahamas, The GDP in current US dollar was 9,755 million.
  • GNI per capita, Atlas method (current US$) was 23,270.00 .
  • Bahamas, The Trade balance: as % of GDP was -9.75.
  • Trade balance in current US$ was -951.00 million.
  • Trade as percentage of GDP was 59.04 .
  • Trade in services as percentage of GDP was 27.10 .

Trade Indicators 2020

Trade Indicators for Bahamas, The in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 1.51.
  • World Growth in percentage was -3.75 and Bahamas, The Country Growth was -6.19 .