Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Bahamas
Bahamas
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
11 250 33 115 -17.6 10 750 32.5
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
170 144 109 83
Imports
152 126 123 97
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 354 1 937
2010-2020 -7 -3
2020 0.00
Share in world total imports (%)
Share in world total exports (%)
2019 4 -7
2020 -47 -37 2020 0.01
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 12.4
Fuels and mining products: 15.4
Agricultural products: 26.4
Fuels and mining products: 20.4
Manufactures: 54.4
Other: 17.7
Manufactures: 53.2
Other: 0
By main destination, % (2018)
By main origin, % (2018)
United States of America: 74.7 Panama: 5.4 United Kingdom: 1.8
European Union: 9.9 Turks and Caicos Islands: 3.6 Other: 4.6
United States of America: 83.9 China: 1.5 Japan: 1
European Union: 2.2 United Kingdom: 1.4 Other: 10
Agricultural Products Value
Top exported products (Million US$) HS2403 HS2203 HS0508 HS2202 HS0511
2018 . 1 1 0.6 0.6 0.4
Other manufactured tobacco Beer made from malt Coral and similar materials Waters containing added sugar Other animal products
Value
Top imported products (Million US$) HS1905 HS0207 HS2208 HS2106 HS2103
2018
Bread, pastry, other bakers' wares Meat and edible offal of poultry Alcohol of less than 80% volume Other food preparations Sauces and preparations therefor
42 38 36 30 25
Share in economy's trade in agricultural products Exports 0%
20%
Imports 40%
0%
HS2403
HS1905
HS2203
HS0207
HS0508
HS2208
HS2202
HS2106
HS0511
HS2103
5%
10%
Million US$ Exports Imports
Value
2018 5 656
Annual percentage change
2010-2018 2 3
2017 -36 10
2018 23 3
Non-Agricultural Products Value
Top exported products (Million US$) HS2710 HS3903 HS0306 HS2933 HS8903
Petroleum oils, other than crude Polymers of styrene Crustaceans whether in shell or not Heterocyclic compounds nitrogen Vessels for pleasure or sports
2018
Top imported products (Million US$)
102 81 77 63 51
HS2710 HS8703 HS4818 HS9403 HS3004
Value 2018
Petroleum oils, other than crude Motor cars for transport of persons Toilet paper and similar paper Other furniture and parts thereof Medicaments in measured doses
565 95 58 56 37
Share in economy's trade in non-agricultural products Exports 0%
28
20%
Imports 40%
0%
HS2710
HS2710
HS3903
HS8703
HS0306
HS4818
HS2933
HS9403
HS8903
HS3004
10%
20%
30%
Million US$ Exports Imports
Value
2018 520 2 868
Annual percentage change
2010-2018 -2 3
2017 18 21
2018 11 1
World Trade Organization – Trade Profiles 2021
Bahamas TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
1 253 1 196 2020 0.03
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
8 -1
-72 -28
-7 1
2020 0.03
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 3.3 Other commercial services: 16.8
Travel: 80 Goods-related services: 0
Transport: 20.1 Other commercial services: 70.6
By main destination
Travel: 9.2 Goods-related services: 0
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Bahamas
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020 41 241
Exports By sea (2020) By air (2020) By other (2016)
2020
Transport exports (Index 2010=100)
Value 21 20 0
2010-2020 -10 -3
Share (%)
Annual percentage change 2019 7 -7
Imports By sea (2020) By air (2020) By other (2016)
51.1 48.9 0.0
2020 -50 -47
Value
Share (%)
134 106 0
55.8 44.2 0.0
Travel Bahamas
200
World
Value
Million US$ Exports Imports
100 0
2010
2013
2016
2020 1 002 110
2010-2020 -7 -7
Annual percentage change 2019 11 1
2020 -76 -67
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item
Value
Other commercial services Exports Imports
2020
2010-2020
210 845
1 5
2016
Goods-related services Exports Imports
Annual percentage change
2010-2016
0 na
na na
2019
2020
-23 2
2 -2
2015
2016
na na
na na
INDUSTRIAL PROPERTY Patent applications, 2017 Residents
4
Non-residents
48
Trademark applications, 2017 Total
52
World Trade Organization – Trade Profiles 2021
Residents
199
Non-residents
803
Industrial design applications, 2014 Total
1 002
Residents
23
Non-residents
1
Total
24
29