globaltraffic.earth

Bahamas trade in 2024

In 2024, the Bahamas exported $2.4 billion and imported $8.9 billion, a trade deficit of $6.6 billion. It was the world's 138th-largest exporter, with 0.01% of world exports. Its top export was refined petroleum (68.1% of the total) and its main trading partner was the United States (58% of its trade).

Summary

Exports
$2.4billion
Imports
$8.9billion
Trade balance
-$6.6billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
View on the 3D globe

Products

What it exports

Refined petroleum (68.1%) and cargo and cruise ships (4.3%) together make up 72.5% of its exports.

  1. Refined petroleum$1.6 billion · 68.1%
    Main partner: Zimbabwe
  2. Cargo and cruise ships$103 million · 4.3%
    Main partner: Poland
  3. Stamps and banknotes$95 million · 4%
    Main partner: United States
  4. Dredgers and floating cranes$92 million · 3.9%
    Main partner: Thailand
  5. Warships and other vessels$73 million · 3.1%
    Main partner: Thailand
  6. Polystyrene$56 million · 2.4%
    Main partner: United States
  7. Crustaceans (shrimp, lobster, crab)$54 million · 2.3%
    Main partner: United States
  8. Pearl and gemstone articles$39 million · 1.6%
    Main partner: United States
  9. Salt$30 million · 1.3%
    Main partner: United States
  10. Gravel and crushed stone$28 million · 1.2%
    Main partner: United States

What it imports

Refined petroleum (40.8%) and dredgers and floating cranes (9.2%) together make up 50% of its imports.

  1. Refined petroleum$3.6 billion · 40.8%
    Main partner: United States
  2. Dredgers and floating cranes$823 million · 9.2%
    Main partner: China
  3. Cargo and cruise ships$472 million · 5.3%
    Main partner: Japan
  4. Crude petroleum$182 million · 2%
    Main partner: Colombia
  5. Cars$178 million · 2%
    Main partner: United States
  6. Generating sets$119 million · 1.3%
    Main partner: United States
  7. Yachts and pleasure boats$104 million · 1.2%
    Main partner: United States
  8. Steel structures$89 million · 1%
    Main partner: United States
  9. Furniture$87 million · 0.98%
    Main partner: United States
  10. Poultry meat$79 million · 0.88%
    Main partner: United States
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$1.6 billion$3.9 billion
89 · Ships and boats$280 million$1.4 billion
49 · Books and printed matter$95 million$10 million
25 · Salt, stone and cement$60 million$41 million
39 · Plastics$57 million$147 million
03 · Fish and seafood$54 million$28 million
71 · Gems and precious metals$43 million$73 million
29 · Organic chemicals$23 million$18 million
90 · Precision and medical instruments$19 million$45 million
84 · Mechanical machinery$18 million$432 million
95 · Toys and sports gear$14 million$40 million
73 · Iron and steel products$10 million$196 million
72 · Iron and steel$9 million$29 million
85 · Electrical and electronic equipment$8 million$380 million
22 · Beverages and spirits$7 million$133 million
76 · Aluminum$7 million$78 million
87 · Vehicles$6 million$251 million
82 · Tools and cutlery$6 million$17 million
97 · Art and antiques$5 million$7 million
74 · Copper$4 million$7 million
12 · Oilseeds and grains$4 million$2 million
94 · Furniture and lighting$3 million$152 million
16 · Prepared meat and fish$2 million$46 million
05 · Other animal products$1 million$880 thousand
88 · Aircraft and spacecraft$1 million$8 million
38 · Miscellaneous chemicals$981 thousand$25 million
63 · Home textiles and used clothing$760 thousand$30 million
91 · Watches and clocks$721 thousand$34 million
28 · Inorganic chemicals$574 thousand$12 million
81 · Other base metals$509 thousand$1 million
48 · Paper and paperboard$505 thousand$53 million
40 · Rubber$502 thousand$30 million
44 · Wood$385 thousand$115 million
57 · Carpets and rugs$378 thousand$12 million
62 · Woven clothing$369 thousand$42 million
30 · Pharmaceuticals$324 thousand$72 million
06 · Live plants and flowers$297 thousand$19 million
32 · Dyes, paints and tanning agents$258 thousand$45 million
92 · Musical instruments$216 thousand$1 million
02 · Meat and offal$206 thousand$167 million
37 · Photographic goods$196 thousand$483 thousand
68 · Stone, plaster and cement articles$170 thousand$60 million
78 · Lead$164 thousand$291 thousand
15 · Fats and oils$164 thousand$22 million
34 · Soap and cleaning products$151 thousand$36 million
64 · Footwear$109 thousand$23 million
69 · Ceramics$95 thousand$26 million
42 · Leather goods and bags$90 thousand$17 million
19 · Baked goods and cereal products$82 thousand$79 million
21 · Food preparations$80 thousand$83 million
83 · Miscellaneous metal goods$80 thousand$29 million
33 · Perfumes and cosmetics$69 thousand$36 million
61 · Knitted clothing$65 thousand$20 million
20 · Preserved fruit and vegetables$49 thousand$53 million
01 · Live animals$48 thousand$708 thousand
86 · Railway equipment$46 thousand$3 million
70 · Glass$40 thousand$24 million
65 · Hats$24 thousand$5 million
80 · Tin$21 thousand$123 thousand
08 · Fruit and nuts$21 thousand$52 million
07 · Vegetables$20 thousand$71 million
24 · Tobacco$18 thousand$7 million
56 · Felt, nonwovens and rope$17 thousand$6 million
59 · Coated and technical textiles$16 thousand$1 million
96 · Other manufactured goods$15 thousand$8 million
52 · Cotton$9 thousand$1 million
18 · Cocoa and chocolate$9 thousand$8 million
11 · Milling products and malt$9 thousand$15 million
47 · Wood pulp$6 thousand$5 thousand
54 · Synthetic filaments$6 thousand$889 thousand
58 · Special fabrics and lace$5 thousand$1 million
66 · Umbrellas and canes$5 thousand$4 million
67 · Feathers and artificial flowers$3 thousand$3 million
04 · Dairy, eggs and honey$3 thousand$71 million
46 · Wicker and basketware$2 thousand$779 thousand
43 · Fur and fur goods$2 thousand$56 thousand
09 · Coffee, tea and spices$1 thousand$15 million
55 · Synthetic staple fibers$1 thousand$1 million
35 · Glues, starches and enzymes$1 thousand$5 million
10 · Cereals$790$16 million
93 · Weapons and ammunition$350$2 million
26 · Ores and slag$300$184 thousand
17 · Sugar and sweets$39$20 million
23 · Animal feed and food waste$0$13 million
31 · Fertilizers$0$3 million
36 · Explosives and matches$0$1 million
60 · Knitted fabric$0$558 thousand
79 · Zinc$0$343 thousand
13 · Gums and plant extracts$0$257 thousand
14 · Other plant products$0$255 thousand
75 · Nickel$0$219 thousand
41 · Hides and leather$0$201 thousand
53 · Other plant fibers$0$109 thousand
51 · Wool$0$92 thousand
45 · Cork$0$82 thousand
50 · Silk$0$35 thousand

Trading partners

The United States is its main destination (41.2% of exports) and source (62.5% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
United States98041.2%Sea
Zimbabwe73230.7%Sea
Thailand1707.2%Sea
Poland1004.2%Sea
Saudi Arabia68.32.9%Sea
Dominican Republic55.92.4%Sea
Guyana33.71.4%Sea
Spain33.71.4%Sea
Guatemala28.41.2%Sea
Ireland24.91.1%Air

Who it buys from

PartnerValue (USD billions)ShareMode
United States5.662.5%Sea
China111.2%Sea
Colombia0.424.7%Sea
Japan0.273.1%Sea
Brazil0.151.7%Sea
Canada0.131.5%Sea
Poland0.131.4%Sea
South Korea0.121.3%Sea
United Kingdom0.111.2%Sea
Greece0.091%Sea

Overview 1995–2024

In 2024, the Bahamas accounted for 0.01% of world exports, compared with 0.01% in 1995.

Exports and imports

Exports quadrupled since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 2.4
  • Imports 8.9
  • Balance -6.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$635 million$1.6 billion-$938 million
1996$669 million$3.2 billion-$2.6 billion
1997$674 million$2.7 billion-$2 billion
1998$634 million$3.2 billion-$2.6 billion
1999$714 million$3.4 billion-$2.7 billion
2000$929 million$4.1 billion-$3.1 billion
2001$1 billion$3.5 billion-$2.4 billion
2002$1.1 billion$5.6 billion-$4.4 billion
2003$1.4 billion$5.3 billion-$3.9 billion
2004$1.5 billion$5.1 billion-$3.6 billion
2005$2.3 billion$8.2 billion-$5.8 billion
2006$2 billion$9.3 billion-$7.3 billion
2007$2.3 billion$8.5 billion-$6.3 billion
2008$2.7 billion$9.7 billion-$7 billion
2009$2.4 billion$8 billion-$5.6 billion
2010$3.2 billion$10.4 billion-$7.2 billion
2011$3.2 billion$10.2 billion-$7 billion
2012$3.5 billion$9.7 billion-$6.2 billion
2013$4 billion$8.5 billion-$4.5 billion
2014$5 billion$9.7 billion-$4.7 billion
2015$3 billion$9.3 billion-$6.2 billion
2016$1.5 billion$7 billion-$5.5 billion
2017$1.4 billion$8.9 billion-$7.5 billion
2018$1.8 billion$8.8 billion-$7 billion
2019$1.7 billion$9.5 billion-$7.8 billion
2020$1.4 billion$5 billion-$3.5 billion
2021$1.7 billion$6.7 billion-$5.1 billion
2022$2.8 billion$8.3 billion-$5.5 billion
2023$2.8 billion$7.8 billion-$5 billion
2024$2.4 billion$8.9 billion-$6.6 billion

World rank

The Bahamas fell from 121st to 138th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 121st in 1995
  • 138th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995121st
1996126th
1997131st
1998130th
1999128th
2000128th
2001128th
2002125th
2003122nd
2004126th
2005122nd
2006127th
2007128th
2008124th
2009121st
2010118th
2011130th
2012126th
2013123rd
2014120th
2015127th
2016143rd
2017150th
2018140th
2019145th
2020148th
2021153rd
2022141st
2023139th
2024138th

What it sells

Oil, gas and coal became its top export group: from 11% to 69%

% of exports by Harmonized System chapter.

  • Other 6%
  • Organic chemicals 1%
  • Gems and precious metals 2%
  • Fish and seafood 2%
  • Plastics 2%
  • Salt, stone and cement 3%
  • Books and printed matter 4%
  • Ships and boats 12%
  • Oil, gas and coal 69%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal11%68.5%
Ships and boats36.1%11.8%
Books and printed matter0.1%4%
Salt, stone and cement5.3%2.5%
Plastics0.06%2.4%
Fish and seafood10.5%2.3%
Gems and precious metals1.3%1.8%
Organic chemicals15%0.99%
Other20.7%5.7%

Who it trades with

The United States went from 34% to 58% of the Bahamas' trade

% of total trade (exports + imports) with each partner.

  • United States 58%
  • China 9%
  • Zimbabwe 6%
  • Colombia 4%
  • Japan 2%

Source: CEPII BACI

Show the numbers
Partner19952024
United States33.8%58%
China0.68%8.9%
Zimbabwe0%6.5%
Colombia0.14%3.7%
Japan4.6%2.4%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

View on the globe

Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

View on the globe

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

See all countries