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Bahamas, The Trade Summary

2021

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 2021

Overall Exports and Imports for Bahamas, The 2021

Exports and imports of Bahamas, The in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 543 million.
  • The total value of imports (CIF) was 3,483 million.
  • At the HS6 digit level, 1,033 products were exported to 45 countries and 3,984 products were imported from 117 countries.

Bahamas, The top 5 Export and Import partners 2021

Top five countries to which Bahamas, The exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Bahamas, The exports to United States worth US$ 412 million, with a partner share of 75.77 percent.
  2. Bahamas, The exports to Unspecified worth US$ 68 million, with a partner share of 12.52 percent.
  3. Bahamas, The exports to France worth US$ 28 million, with a partner share of 5.11 percent.
  4. Bahamas, The exports to United Kingdom worth US$ 21 million, with a partner share of 3.82 percent.
  5. Bahamas, The exports to Turks and Caicos Isl. worth US$ 8 million, with a partner share of 1.56 percent.

Top five countries from which Bahamas, The imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Bahamas, The imports from United States worth US$ 2,961 million, with a partner share of 85.02 percent.
  2. Bahamas, The imports from Unspecified worth US$ 70 million, with a partner share of 2.02 percent.
  3. Bahamas, The imports from China worth US$ 49 million, with a partner share of 1.42 percent.
  4. Bahamas, The imports from Canada worth US$ 37 million, with a partner share of 1.06 percent.
  5. Bahamas, The imports from Turks and Caicos Isl. worth US$ 31 million, with a partner share of 0.90 percent.

Bahamas, The Top 5 Productsexports imports at HS 6 digit level 2021

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 184,572.64 (US$ Thousands).
  2. Bahamas, The exported Frozen rock lobster and other sea crawfish , worth 94,400.16 (US$ Thousands).
  3. Bahamas, The exported Expansible polystyrene, in primary forms , worth 56,727.68 (US$ Thousands).
  4. Bahamas, The exported New stamps; stamp-impressed paper; banknotes; c , worth 48,298.37 (US$ Thousands).
  5. Bahamas, The exported Pictures, designs and photographs , worth 16,022.98 (US$ Thousands).

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 627,626.41 (US$ Thousands).
  2. Bahamas, The imported Other bread, etc, nes; communion wafers, rice p , worth 33,112.92 (US$ Thousands).
  3. Bahamas, The imported Other food preparations, nes , worth 32,934.94 (US$ Thousands).
  4. Bahamas, The imported Transmission apparatus, for radioteleph incorpo , worth 32,334.62 (US$ Thousands).
  5. Bahamas, The imported Automobiles with reciprocating piston engine di , worth 30,711.24 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Bahamas, The in 2021 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 2021

Key Development Indicators of Bahamas, The in 2021 are below

  • Bahamas, The GDP in current US dollar was 11,528 million.
  • GNI per capita, Atlas method (current US$) was 27,300.00 .
  • Bahamas, The Trade balance: as % of GDP was -10.19.
  • Trade balance in current US$ was -1,175.00 million.
  • Trade as percentage of GDP was 67.76 .
  • Trade in services as percentage of GDP was 37.09 .

Trade Indicators 2021

Trade Indicators for Bahamas, The in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 1.57.
  • World Growth in percentage was 12.52 and Bahamas, The Country Growth was 10.87 .