2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Venezuela-Bahamas Trade: In 2022, Venezuela exported $557k to Bahamas. The main products that Venezuela exported to Bahamas were Packaged Medicaments ($350k), Hard Liquor ($161k), and Other Footwear ($18.1k). Over the past 6 years the exports of Venezuela to Bahamas have decreased at an annualized rate of 32%, from $5.61M in 2016 to $557k in 2022.

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

Bahamas-Venezuela Trade: In 2022, Bahamas exported $2.25k to Venezuela. The main products that Bahamas exported to Venezuela were N/A. Over the past 6 years the exports of Bahamas to Venezuela have decreased at an annualized rate of 64.9%,  from $1.21M in 2016 to $2.25k in 2022.

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

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Bahamas
Top Destination
United States$1.4B

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

In 2022, countries that imported more from Venezuela than Bahamas included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Bahamas than Venezuela included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

Difference in imports from Bahamas (Flag) and Venezuela (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Bahamas+N/AN/A
Top Product Potential Bahamas Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Bahamas (Flag) (NaN)

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