Bahamas (BHS) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Bahamas-Spain Trade: In 2022, Bahamas exported $315k to Spain. The main products that Bahamas exported to Spain were Scrap Iron ($156k), Other Floating Structures ($62.3k), and Other Inedible Animal Products ($43.6k). Over the past 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 46.5%, from $7.21M in 2017 to $315k in 2022.

In 2022, Bahamas did not export any services to Spain.

Spain-Bahamas Trade: In 2022, Spain exported $80.8M to Bahamas. The main products that Spain exported to Bahamas were Refined Petroleum ($71.8M), Other Furniture ($1.97M), and Unglazed Ceramics ($1.41M). Over the past 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 17%, from $206M in 2017 to $80.8M in 2022.

In 2022, Spain did not export any services to Bahamas.

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $315k to Spain. The main products exported from Bahamas to Spain were Scrap Iron ($156k), Other Floating Structures ($62.3k), and Other Inedible Animal Products ($43.6k). During the last 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 46.5%, from $7.21M in 2017 to $315k in 2022.

In 2017, Spain exported $80.8M to Bahamas. The main products exported from Spain to Bahamas were Refined Petroleum ($71.8M), Other Furniture ($1.97M), and Unglazed Ceramics ($1.41M). During the last 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 17%, from $206M in 2022 to $80.8M in 2017.

Exports from Bahamas () to Spain () (2022)

Exports from Spain () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Spain
Top DestinationFrance$65.2B

This map shows whether countries import more from Bahamas or Spain. Each country is colored based on the difference in imports they receive from Bahamas and Spain or the difference in the growth in imports.

In 2022, countries that imported more from Bahamas than Spain included Cote d'Ivoire ($576M), Barbados ($30M), and Bermuda ($3.41M).

In 2022, countries that imported more from Spain than Bahamas included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Bahamas () (2022)

Comparative Advantage Bahamas - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bahamas and Spain by product, considering products traded by both, Bahamas and Spain.

During 2022, Bahamas had a large net trade with Spain in the exports of Metals ($165k), Transportation ($62.3k), and Animal Products ($43.7k).

During 2017, Spain had a large net trade with Bahamas in the exports of Mineral Products ($71.8M), Miscellaneous ($3.11M), and Stone And Glass ($2M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bahamas and Spain. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Bahamas.

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Spain () (2022)

Exports from Spain () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Bahamas () (2022)

Comparative Advantage Bahamas - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Spain () (2022)

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