Bahamas

Compare Bahamas →

BS · BHS · BACI 44 · latest data 2024

Exports

$2.4B USD, nominal · 2024

= $2,380 M50.1% over 5 yrs (up)

Imports

$8.9B USD, nominal · 2024

= $8,945 M6.3% over 5 yrs (down)

Trade balancedeficit

−$6.6B USD, nominal · 2024

= −$6,565 M

Total trade

$11.3B USD, nominal · 2024

= $11,326 M1.8% over 5 yrs (up)

World position: #137 of 225 exporters · bottom half · #120 of 225 importers · bottom half · 2024
World export share since 1995: ±0.0 pp

Trade timeline

Bahamas's exports grew from $635M in 1995 to $2.4B in 2024; the 2024 balance was −$6.6B.

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Exports, imports, trade balance and total trade of Bahamas per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$635 M	$1,572 M	−$938 M	$2,207 M
1996	$669 M	$3,224 M	−$2,555 M	$3,892 M
1997	$674 M	$2,584 M	−$1,910 M	$3,258 M
1998	$634 M	$3,070 M	−$2,436 M	$3,704 M
1999	$714 M	$3,258 M	−$2,544 M	$3,973 M
2000	$930 M	$3,981 M	−$3,051 M	$4,911 M
2001	$1,018 M	$3,340 M	−$2,322 M	$4,358 M
2002	$1,136 M	$5,439 M	−$4,303 M	$6,576 M
2003	$1,427 M	$5,252 M	−$3,825 M	$6,680 M
2004	$1,505 M	$5,026 M	−$3,521 M	$6,530 M
2005	$2,321 M	$8,215 M	−$5,894 M	$10,536 M
2006	$1,986 M	$9,280 M	−$7,294 M	$11,267 M
2007	$2,256 M	$8,772 M	−$6,516 M	$11,027 M
2008	$2,689 M	$9,610 M	−$6,921 M	$12,299 M
2009	$2,360 M	$7,504 M	−$5,144 M	$9,864 M
2010	$3,167 M	$10,256 M	−$7,089 M	$13,423 M
2011	$3,180 M	$10,897 M	−$7,717 M	$14,077 M
2012	$3,453 M	$10,404 M	−$6,952 M	$13,857 M
2013	$4,000 M	$8,464 M	−$4,464 M	$12,464 M
2014	$5,012 M	$9,578 M	−$4,566 M	$14,590 M
2015	$3,008 M	$9,333 M	−$6,325 M	$12,341 M
2016	$1,494 M	$6,867 M	−$5,373 M	$8,361 M
2017	$1,385 M	$9,013 M	−$7,628 M	$10,399 M
2018	$1,865 M	$8,964 M	−$7,099 M	$10,830 M
2019	$1,586 M	$9,544 M	−$7,958 M	$11,130 M
2020	$1,361 M	$5,449 M	−$4,088 M	$6,810 M
2021	$1,547 M	$7,028 M	−$5,481 M	$8,575 M
2022	$3,066 M	$8,823 M	−$5,757 M	$11,889 M
2023	$3,008 M	$8,691 M	−$5,683 M	$11,699 M
2024	$2,380 M	$8,945 M	−$6,565 M	$11,326 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #118 → #137.

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World export and import share in percent, and world ranks, of Bahamas per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.01%	0.03%	#118	#104
1996	0.01%	0.06%	#122	#82
1997	0.01%	0.05%	#127	#96
1998	0.01%	0.06%	#126	#91
1999	0.01%	0.06%	#124	#87
2000	0.01%	0.06%	#126	#83
2001	0.02%	0.05%	#125	#94
2002	0.02%	0.08%	#122	#81
2003	0.02%	0.07%	#120	#83
2004	0.02%	0.05%	#123	#92
2005	0.02%	0.08%	#119	#84
2006	0.02%	0.08%	#125	#85
2007	0.02%	0.06%	#126	#91
2008	0.02%	0.06%	#122	#96
2009	0.02%	0.06%	#119	#98
2010	0.02%	0.07%	#118	#95
2011	0.02%	0.06%	#129	#102
2012	0.02%	0.06%	#125	#102
2013	0.02%	0.05%	#123	#114
2014	0.03%	0.05%	#119	#112
2015	0.02%	0.06%	#126	#106
2016	0.01%	0.04%	#142	#118
2017	0.01%	0.05%	#148	#108
2018	0.01%	0.05%	#139	#116
2019	0.01%	0.05%	#145	#109
2020	0.01%	0.03%	#149	#129
2021	0.01%	0.03%	#153	#131
2022	0.01%	0.04%	#138	#125
2023	0.01%	0.04%	#138	#122
2024	0.01%	0.04%	#137	#120

30 rows

Trading partners

United States was Bahamas's top trading partner in 2024, at 58.0% of total trade; the top five partners covered 79.4%.

Year

Top partner share: 58.0%
Top-5 share: 79.4%
Partners: 137
Partner HHI (0–1): 0.352

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United States $980M

Zimbabwe $732M

Thailand $170M

Poland $100M

Dominican Rep. $56M

Spain $34M

Brazil $20M

Canada $11M

Italy $5M

United Kingdom $2M

Japan $1M

China $0M

Greece $0M

South Korea $0M

Colombia $0M

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Top partners of Bahamas in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	United States	$980 M	$5,590 M	$6,570 M	−$4,610 M
#2	China	$0 M	$1,003 M	$1,003 M	−$1,002 M
#3	Zimbabwe	$732 M	$0 M	$732 M	$732 M
#4	Colombia	$0 M	$417 M	$417 M	−$417 M
#5	Japan	$1 M	$273 M	$274 M	−$272 M
#6	Poland	$100 M	$127 M	$228 M	−$27 M
#7	Thailand	$170 M	$10 M	$180 M	$160 M
#8	Brazil	$20 M	$148 M	$168 M	−$128 M
#9	Canada	$11 M	$133 M	$144 M	−$122 M
#10	South Korea	$0 M	$120 M	$120 M	−$119 M
#11	United Kingdom	$2 M	$107 M	$109 M	−$106 M
#12	Greece	$0 M	$92 M	$92 M	−$91 M
#13	Spain	$34 M	$48 M	$81 M	−$14 M
#14	Italy	$5 M	$74 M	$79 M	−$70 M
#15	Dominican Rep.	$56 M	$19 M	$75 M	$37 M

15 rows

Products & sectors

Product composition of Bahamas's trade in 2024.

Year

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Concentration & risk

Bahamas's export partners concentrated over 1995–2024 — HHI 0.117 → 0.273, a concentrated export base across 118 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Bahamas per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.117	0.177	77	66
1996	0.131	0.138	87	86
1997	0.168	0.267	102	95
1998	0.215	0.217	112	101
1999	0.248	0.195	119	102
2000	0.258	0.215	130	116
2001	0.168	0.235	126	109
2002	0.203	0.135	124	112
2003	0.152	0.138	126	117
2004	0.215	0.159	131	115
2005	0.201	0.145	118	117
2006	0.144	0.137	133	117
2007	0.129	0.163	136	113
2008	0.124	0.184	137	116
2009	0.185	0.166	135	108
2010	0.119	0.169	138	109
2011	0.154	0.201	132	118
2012	0.113	0.196	137	117
2013	0.175	0.205	127	122
2014	0.092	0.126	135	126
2015	0.158	0.123	135	128
2016	0.120	0.149	138	120
2017	0.136	0.181	134	133
2018	0.154	0.162	131	131
2019	0.165	0.196	126	131
2020	0.104	0.206	123	131
2021	0.116	0.180	125	129
2022	0.304	0.357	116	124
2023	0.190	0.387	114	123
2024	0.273	0.408	118	122

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