Bahamas (BHS) and India (IND) Trade | The Observatory of Economic Complexity

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Bahamas-India Trade: In 2022, Bahamas exported $3.65M to India. The main products that Bahamas exported to India were Industrial Fatty Acids, Oils and Alcohols ($1.28M), Styrene Polymers ($980k), and Scrap Aluminium ($433k). Over the past 5 years the exports of Bahamas to India have decreased at an annualized rate of 38.1%, from $40.2M in 2017 to $3.65M in 2022.

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

India-Bahamas Trade: In 2022, India exported $11.7M to Bahamas. The main products that India exported to Bahamas were Cars ($4.79M), Bedspreads ($849k), and Packaged Medicaments ($672k). Over the past 5 years the exports of India to Bahamas have increased at an annualized rate of 5%, from $9.2M in 2017 to $11.7M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $3.65M to India. The main products exported from Bahamas to India were Industrial Fatty Acids, Oils and Alcohols ($1.28M), Styrene Polymers ($980k), and Scrap Aluminium ($433k). During the last 5 years the exports of Bahamas to India have decreased at an annualized rate of 38.1%, from $40.2M in 2017 to $3.65M in 2022.

In 2017, India exported $11.7M to Bahamas. The main products exported from India to Bahamas were Cars ($4.79M), Bedspreads ($849k), and Packaged Medicaments ($672k). During the last 5 years the exports of India to Bahamas have increased at an annualized rate of 5%, from $9.2M in 2022 to $11.7M in 2017.

Exports from Bahamas () to India () (2022)

Exports from India () to Bahamas () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Bahamas than India included Barbados ($30M).

In 2022, countries that imported more from India than Bahamas included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Bahamas - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with India in the exports of Chemical Products ($1.28M), Plastics and Rubbers ($980k), and Metals ($803k).

During 2017, India had a large net trade with Bahamas in the exports of Transportation ($5.08M), Textiles ($2.66M), and Chemical Products ($1.74M).

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

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to India () (2022)

Exports from India () to Bahamas () (2022)

Market Competitiveness

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

Comparative Advantage Bahamas - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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