Bahamas (BHS) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Bahamas-Mexico Trade: In 2022, Bahamas exported $16.8k to Mexico. The main products that Bahamas exported to Mexico were Gas and Liquid Flow Measuring Instruments ($16.5k) and Cleaning Products ($281). Over the past 6 years the exports of Bahamas to Mexico have decreased at an annualized rate of 33.5%, from $194k in 2016 to $16.8k in 2022.

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

Mexico-Bahamas Trade: In 2022, Mexico exported $13.7M to Bahamas. The main products that Mexico exported to Bahamas were Hard Liquor ($2.02M), Cement ($1.32M), and Cars ($769k). Over the past 6 years the exports of Mexico to Bahamas have decreased at an annualized rate of 3%, from $16.4M in 2016 to $13.7M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $16.8k to Mexico. The main products exported from Bahamas to Mexico were Gas and Liquid Flow Measuring Instruments ($16.5k) and Cleaning Products ($281). During the last 6 years the exports of Bahamas to Mexico have decreased at an annualized rate of 33.5%, from $194k in 2016 to $16.8k in 2022.

In 2017, Mexico exported $13.7M to Bahamas. The main products exported from Mexico to Bahamas were Hard Liquor ($2.02M), Cement ($1.32M), and Cars ($769k). During the last 5 years the exports of Mexico to Bahamas have decreased at an annualized rate of 3%, from $16.4M in 2022 to $13.7M in 2017.

Exports from Bahamas () to Mexico () (2022)

Exports from Mexico () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Mexico ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Bahamas than Mexico included Cote d'Ivoire ($576M), Seychelles ($20.5M), and Barbados ($30M).

In 2022, countries that imported more from Mexico than Bahamas included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Bahamas - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Mexico in the exports of Instruments ($16.5k) and Chemical Products ($281).

During 2017, Mexico had a large net trade with Bahamas in the exports of Foodstuffs ($3.77M), Chemical Products ($2.06M), and Machines ($1.75M).

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 Mexico. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Bahamas.

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Mexico () (2022)

Exports from Mexico () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Mexico ()

Mexico Exports

Market Competitiveness

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

Comparative Advantage Bahamas - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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