Bahamas, The Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Country / Region
For viewing trade, tariff data for country or region by year 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.



Overall Exports and Imports

Exports (in US$ Mil) 339
No. Of products 879
No. Of partners 35
Imports (in US$ Mil) 2,205
No. Of products 3,853
No. Of partners 111

Trade Indicator

HH Market concentration index0.10
Index of export market penetration1.51
World Growth-3.75
Country Growth-6.19

Service Indicators 2021

Service imports (BoP, current US$)1,682,931,369.93
Service exports (BoP, current US$)2,592,319,092.41
Imports of goods and services (% of GDP)38.97
Exports of goods and services (% of GDP)28.78

Bahamas, The top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States269 79.26
Unspecified26 7.65
France21 6.25
Turks and Caicos Isl.13 3.87
United Kingdom3 0.85
Exporter Trade (US$ Mil) Partner share(%)
United States1,760 79.80
Unspecified62 2.81
Canada51 2.31
Turks and Caicos Isl.51 2.29
China34 1.54

Bahamas, The Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials28 8.29 197 8.93 17.83
Intermediate goods59 17.49 204 9.26 23.93
Consumer goods216 63.69 1,349 61.17 15.72
Capital goods36 10.53 382 17.32 25.32

Top 5 Products exports imports at HS 6 digit level

Petroleum oils, etc, ...96,324.39
Expansible polystyre ...54,955.40
Pile floor coverings ...28,725.30
Frozen rock lobster ...22,280.91
Salt and pure sodium ...15,941.84
Petroleum oils, etc, ...376,159.88
Automobiles with rec ...33,466.85
Other food preparati ...22,781.52
Other bread, etc, ne ...21,334.10
Transmission apparat ...20,286.41

Tariff and Trade Barriers for Bahamas, The

Tariffs 2018

No. Of Tariff Agreement 2
Simple Average (%) 23.66
Duty Free Imports (US$ Thousand) 1,321,770.57
Maximum Rate (%) 100
Weighted Average (%) 17.05
Duty Free Tariff Lines Share (%) 38.16

Overall Trade Restrictiveness Index (OTRI)

Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)11,528
GNI per capita, Atlas method (current US$)27,300.00
Trade Balance (current US$ Mil)-1,175.00
Trade Balance (% of GDP)-10.19

Doing Business

2019 Doing Business »
Ease of Doing Business Rank119
Trading Across Borders Rank161

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.75
LPI Rank78